Coty Inc (NYSE: COTY) is 6.76% higher on its value in year-to-date trading and has touched a low of $9.02 and a high of $13.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COTY stock was last observed hovering at around $13.16 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $13.26, the stock is 8.70% and 8.64% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing 0.76% at the moment leaves the stock 15.12% off its SMA200. COTY registered 18.92% gain for a year compared to 6-month gain of 20.33%. The firm has a 50-day simple moving average (SMA 50) of $2.59 and a 200-day simple moving average (SMA200) of $12.71.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.05% loss in the last 1 month and extending the period to 3 months gives it a 16.73%, and is 8.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 3.02% over the month.
Coty Inc (COTY) has around 11350 employees, a market worth around $11.87B and $6.01B in sales. Current P/E ratio is 38.30 and Fwd P/E is 23.58. Profit margin for the company is 5.17%. Distance from 52-week low is 47.09% and -1.49% from its 52-week high. The company has generated returns on investments over the last 12 months (3.65%).
Coty Inc quarterly earnings per share for the current quarter are estimated at $0.06 with sales reaching $1.37B over the same period.The EPS is expected to shrink by -15.18% this year, but quarterly earnings will post 10.40% year-over-year.
Coty Inc (COTY) Top Institutional Holders
430 institutions hold shares in Coty Inc (COTY), with institutional investors hold 98.42% of the company’s shares. The shares outstanding are 852.80M, and float is at 391.47M with Short Float at 5.24%. Institutions hold 39.47% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 44.77 million shares valued at $550.28 million. The investor’s holdings represent 5.22% of the COTY Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 35.04 million shares valued at $430.6 million to account for 4.08% of the shares outstanding. The other top investors are BNP Paribas Arbitrage, SNC which holds 26.79 million shares representing 3.12% and valued at over $329.24 million, while Credit Agricole S.A. holds 3.11% of the shares totaling 26.66 million with a market value of $327.69 million.
Coty Inc (COTY) Insider Activity
A total of 26 insider transactions have happened at Coty Inc (COTY) in the last six months, with sales accounting for 7 and purchases happening 19 times. The most recent transaction is an insider purchase by Parize Isabelle,the company’sDirector. SEC filings show that Parize Isabelle bought 4,775 shares of the company’s common stock on Oct 09 at a price of $10.50 per share for a total of $50138.0. Following the purchase, the insider now owns 61500.0 shares.
Coty Inc disclosed in a document filed with the SEC on Oct 04 that Parize Isabelle (Director) bought a total of 20,500 shares of the company’s common stock. The trade occurred on Oct 04 and was made at $10.29 per share for $0.21 million. Following the transaction, the insider now directly holds 56725.0 shares of the COTY stock.
Still, SEC filings show that on Oct 02, JAB Holdings B.V. (10% Owner) acquired 3,000,000 shares at an average price of $10.80 for $32.4 million. The insider now directly holds 451,853,684 shares of Coty Inc (COTY).
Coty Inc (COTY): Who are the competitors?
The company’s main competitors (and peers) include Estee Lauder Cos. Cl A (EL) that is trading -38.90% down over the past 12 months. Inter Parfums Inc. (IPAR) that is 27.55% higher over the same period.
