Coty Inc (NYSE: COTY) is -21.41% lower on its value in year-to-date trading and has touched a low of $5.35 and a high of $11.91 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 $5.45 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $5.47, the stock is -2.20% and -10.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.12 million and changing 0.37% at the moment leaves the stock -31.51% off its SMA200. COTY registered -53.72% loss for a year compared to 6-month loss of -42.30%. The firm has a 50-day simple moving average (SMA 50) of $6.1414 and a 200-day simple moving average (SMA200) of $7.9866.
The stock witnessed a -3.87% gain in the last 1 month and extending the period to 3 months gives it a -22.85%, and is -1.26% 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 2.85% over the week and 3.42% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.77B and $6.09B in sales. Fwd P/E is 10.06. Profit margin for the company is 0.00%. Distance from 52-week low is 2.24% and -54.07% 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 7.36% this year, but quarterly earnings will post -2.68% year-over-year. Quarterly sales are estimated to shrink -5.65% in year-over-year returns.
Coty Inc (COTY) Top Institutional Holders
462.0 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 4.56%. 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 4.7304% 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
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