Coty Inc (NYSE: COTY) is -41.06% lower on its value in year-to-date trading and has touched a low of $6.93 and a high of $13.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COTY stock was last observed hovering at around $7.46 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $7.32, the stock is -2.03% and -4.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.59 million and changing -1.88% at the moment leaves the stock -24.30% off its SMA200. COTY registered -41.53% loss for a year compared to 6-month loss of -25.08%. The firm has a 50-day simple moving average (SMA 50) of $7.705 and a 200-day simple moving average (SMA200) of $9.69535.
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 1.67% gain in the last 1 month and extending the period to 3 months gives it a -20.95%, and is -5.55% down 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 2.98% over the week and 3.11% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $6.37B and $6.15B in sales. Current P/E ratio is 43.44 and Fwd P/E is 11.77. Profit margin for the company is 2.56%. Distance from 52-week low is 5.63% and -44.96% from its 52-week high. The company has generated returns on investments over the last 12 months (1.89%).
with sales reaching $1.73B over the same period.The EPS is expected to grow by 40.98% this year, but quarterly earnings will post 1.94% year-over-year. Quarterly sales are estimated to shrink -0.06% in year-over-year returns.
Coty Inc (COTY) Top Institutional Holders
452.0 institutions hold shares in Coty Inc (COTY), with institutional investors hold 97.19% of the company’s shares. The shares outstanding are 867.80M, and float is at 366.36M with Short Float at 3.40%. Institutions hold 38.27% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 41.36 million shares valued at $414.45 million. The investor’s holdings represent 4.6838% of the COTY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 35.93 million shares valued at $360.01 million to account for 4.0685 of the shares outstanding. The other top investors are BNP PARIBAS ARBITRAGE, SNC which holds 34.06 million shares representing 3.8574% and valued at over $341.33 million, while BANCO SANTANDER, S.A. holds 2.6083 of the shares totaling 23.03 million with a market value of $230.8 million.
Coty Inc (COTY) Insider Activity
The most recent transaction is an insider sale by Singer Robert S, the company’s Director. SEC filings show that Singer Robert S sold 90,000 shares of the company’s common stock on Mar 04 ’24 at a price of $12.56 per share for a total of $1.13 million. Following the sale, the insider now owns 0.17 million shares.
Coty Inc disclosed in a document filed with the SEC on Mar 06 ’24 that Singer Robert S (Director) sold a total of 30,000 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $12.70 per share for $0.38 million. Following the transaction, the insider now directly holds 0.12 million shares of the COTY stock.
Still, SEC filings show that on Mar 06 ’24, Singer Robert S (Director) disposed off 20,000 shares at an average price of $12.72 for $0.25 million. The insider now directly holds 121,500 shares of Coty Inc (COTY).