Économie

Somewhat Positive Cover Coverage Somewhat Unlikely to Impact Cott (COT) Stock Price

Somewhat Positive Cover Coverage Somewhat Unlikely to Impact
 Cott (COT) Stock Price

Press coverage about Cott (NYSE: COT) (TSE: BCB) has been somewhat positive recently, Accern reports. The research firm rates the news of the news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cott earned a score of 0.16 on Accern’s scale. This article is not yet available in the past, but it does not have an impact on the future.
Cott ( NYSE: TOC ) traded up $ 0.06 during trading on Friday, reaching $ 16.75. 545,044 shares of the company’s stock were exchanged, compared to its average volume of 709,533. Cott has a month of $ 10.34 and a 12 month high of $ 17.77. The company has a current ratio of 1.01, a quick ratio of 0.86 and a debt-to-equity ratio of 1.76.

Cott (NYSE: COT) (TSE: BCB) last released its earnings on Thursday, November 9th. The company reported $ 0.06 per share for the quarter, missing the Zacks’ consensus estimate of $ 0.14 by ($ 0.08). The business had revenue of $ 995.00 million, compared to $ 1.01 billion. Had a positive return on equity of 0.09% and a negative net margin of 2.86%. Cott’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company earned $ 0.04 earnings per share. equities analysts expect that Cott will post 0.03 earnings per share for the current fiscal year.

Several equities analysts have recently commented on the stock. Zacks Investment Research Cott from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Credit Suisse Group upped their price objective on shares of Cott from $ 17.00 to $ 18.00 and gave the stock an “outperform” rating in a report on Friday, November 10th. Finally, Canaccord Genuity restated a “buy” rating and issued a $ 20.00 price objective on shares of Cott in a report on Friday, October 27th. Four equities research analysts have rated the stock with a hold. The company has an average rating of “Buy” and a consensus price target of $ 17.04.
In other Cott news, Director Gregory R. Monahan sold 7,500 shares of the stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $ 17.10, for a total transaction of $ 128,250.00. 102,666 shares in the company, valued at approximately $ 1,755,588.60. The transaction was disclosed in a document filed with the SEC, which is available through this link . 2.06% of the stock is owned by corporate insiders.
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About Cott
Cott Corp is a Canada-based company, one of which, along with its subsidiaries, is engaged in the production of beverages on behalf of retailers, brand owners and distributors. The Company operates through five operating segments: Water & Coffee Solutions; Cott North America; Cott United Kingdom (Cott U.K.), Royal Crown International (RCI) and Mexico.

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