Shares of Cott Corporation (NYSE:COT) recorded 2.46% gain during trading session on November 8th, 2018. The script traded as low as $15.24 and last traded at $15.82. 2.5 million shares changed exchanged hands during trading, a drop of -135.94% from the 30-day average session volume of 1.06M shares. The firm had previously closed at $15.44. The company has $140.69M outstanding shares, price-to-earnings-growth ratio of 0.96 and a beta of 0.80. The company has a RSI of 64.41, ATR of 0.44 and a volatility of 2.86% this week. COT has a 52 week low price of $13.99 and a 52 week high price of $17.77.
Investors have identified the tech company Cott Corporation as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 2.23B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Cott Corporation (COT) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For COT, the company has in raw cash 162.4 million on their books with 430.2 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 253.2 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
COT were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 58.7 million. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for Cott Corporation (COT)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Cott Corporation recorded a total of 603.6 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.04% coming in sequential stages and their sales for the third quarter increasing by 0.07%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 302.2 million trying to sell their products during the last quarter, with the result yielding a gross income of 301.4 million. This allows shareholders to hold on to 140.69M with the revenue now reading 10800000 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (0.04 cents a share).
Is the stock of COT attractive?
Having a look at the company’s valuation, the company is expected to record 0.40 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COT sounds very interesting.
In related news, Director HALPERIN STEPHEN sold 34,131 shares of the company’s stock in a transaction that recorded on August 20th, 2018. The sale was performed at an average price of 16.12, for a total value of 550,192. As the sale deal closes, the CEO – DS Services HALPERIN STEPHEN now bought 6,393 shares of the company’s stock, valued at 99,969. Also, CFO Wells Jay sold 35,000 shares of the company’s stock in a deal that was recorded on March 9th, 2018. The shares were sold at an average price of 15.92 per share, with a total market value of 114,257. Following this completion of acquisition, the VP, Gen Counsel & Secretary now holds 30,000 shares of the company’s stock, valued at 475,200. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.50%.
4 out of 11 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on Cott Corporation stock. 0 analysts has assigned a Sell rating on the COT stock. The 12-month mean consensus price target for the company’s shares has been set at $19.36.