Coty Inc (NYSE: COTY) is -20.40% lower on its value in year-to-date trading and has touched a low of $5.35 and a high of $11.99 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 $5.56 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $5.54, the stock is -1.97% and -11.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.54 million and changing -0.36% at the moment leaves the stock -31.60% off its SMA200. COTY registered -53.99% loss for a year compared to 6-month loss of -41.00%. The firm has a 50-day simple moving average (SMA 50) of $6.279 and a 200-day simple moving average (SMA200) of $8.0998.
The stock witnessed a -2.98% gain in the last 1 month and extending the period to 3 months gives it a -20.74%, and is -1.60% 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 2.35% over the week and 3.72% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.83B and $6.09B in sales. Fwd P/E is 10.37. Profit margin for the company is 0.00%. Distance from 52-week low is 3.55% and -53.79% from its 52-week high. The company has generated returns on investments over the last 12 months (0.00%).
with sales reaching $1.31B over the same period.The EPS is expected to grow by 7.85% this year, but quarterly earnings will post -2.74% year-over-year. Quarterly sales are estimated to shrink -5.64% in year-over-year returns.
Coty Inc (COTY) Top Institutional Holders
463.0 institutions hold shares in Coty Inc (COTY), with institutional investors hold 97.47% of the company’s shares. The shares outstanding are 872.00M, and float is at 368.45M with Short Float at 4.69%. Institutions hold 38.52% 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 3.8957% 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.
Coty Inc (COTY) Insider Activity
#####
