Coty Inc (NYSE: COTY) is -27.44% lower on its value in year-to-date trading and has touched a low of $4.46 and a high of $11.01 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 $5.03 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $5.05, the stock is 1.59% and -3.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.86 million and changing 0.40% at the moment leaves the stock -29.60% off its SMA200. COTY registered -53.88% loss for a year compared to 6-month loss of -32.40%.
The stock witnessed a 8.14% gain in the last 1 month and extending the period to 3 months gives it a -9.50%, and is 7.68% 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 2.59% over the week and 3.56% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.41B and $6.00B in sales. Fwd P/E is 10.00. Profit margin for the company is -6.82%. Distance from 52-week low is 13.23% and -54.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.34%).
with sales reaching $1.19B over the same period.The EPS is expected to shrink by -18.72% this year, but quarterly earnings will post -4.44% year-over-year. Quarterly sales are estimated to shrink -12.50% in year-over-year returns.
Coty Inc (COTY) Top Institutional Holders
The shares outstanding are 872.30M, and float is at 368.39M with Short Float at 4.51%.
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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