Coty Inc (NYSE: COTY) is -31.32% lower on its value in year-to-date trading and has touched a low of $4.56 and a high of $11.81 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 $4.73 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $4.78, the stock is -7.88% and -13.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.23 million and changing 1.06% at the moment leaves the stock -37.48% off its SMA200. COTY registered -55.03% loss for a year compared to 6-month loss of -40.18%. The firm has a 50-day simple moving average (SMA 50) of $5.5296 and a 200-day simple moving average (SMA200) of $7.64545.
The stock witnessed a -15.10% gain in the last 1 month and extending the period to 3 months gives it a -33.05%, and is -8.08% 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 4.91% over the week and 5.27% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.17B and $6.09B in sales. Fwd P/E is 8.95. Profit margin for the company is 0.00%. Distance from 52-week low is 4.82% and -59.51% 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 4.57% this year, but quarterly earnings will post -2.62% year-over-year. Quarterly sales are estimated to shrink -5.51% in year-over-year returns.
Coty Inc (COTY) Top Institutional Holders
460.0 institutions hold shares in Coty Inc (COTY), with institutional investors hold 99.62% of the company’s shares. The shares outstanding are 872.00M, and float is at 368.45M with Short Float at 4.55%. Institutions hold 39.37% 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 4.109 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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