Is Coty Inc (COTY) a good stock to buy now?

Coty Inc (NYSE: COTY) is -13.51% lower on its value in year-to-date trading and has touched a low of $5.35 and a high of $12.99 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 $5.85 in the last trading session, with the day’s gains setting it 0.17%.

Currently trading at $6.02, the stock is 3.90% and -8.13% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.21 million and changing 2.91% at the moment leaves the stock -27.81% off its SMA200. COTY registered -52.78% loss for a year compared to 6-month loss of -34.35%.

The stock witnessed a -12.12% gain in the last 1 month and extending the period to 3 months gives it a -21.51%, and is 10.05% 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 3.90% over the week and 4.54% over the month.

Coty Inc (COTY) has around 11791 employees, a market worth around $5.25B and $6.09B in sales. Fwd P/E is 11.27. Profit margin for the company is 0.00%. Distance from 52-week low is 12.52% and -53.66% from its 52-week high. The company has generated returns on investments over the last 12 months (0.00%).

The EPS is expected to grow by 7.85% this year.

Coty Inc (COTY) Top Institutional Holders

The shares outstanding are 872.00M, and float is at 367.24M with Short Float at 4.11%.

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 3.8957% and valued at over $341.33 million, while BANCO SANTANDER, S.A. holds 2.6342 of the shares totaling 23.03 million with a market value of $230.8 million.