Coty Inc (NYSE: COTY) is -29.17% lower on its value in year-to-date trading and has touched a low of $4.46 and a high of $10.80 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 $4.86 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $4.93, the stock is -1.12% and -4.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.91 million and changing 1.44% at the moment leaves the stock -30.39% off its SMA200. COTY registered -52.87% loss for a year compared to 6-month loss of -30.27%. The firm has a 50-day simple moving average (SMA 50) of $5.1428 and a 200-day simple moving average (SMA200) of $7.0819.
The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a -13.66%, and is -1.99% 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 2.28% over the week and 3.72% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.30B and $6.00B in sales. Fwd P/E is 9.82. Profit margin for the company is -6.82%. Distance from 52-week low is 10.54% and -54.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.34%).
The EPS is expected to shrink by -18.72% this year
441.0 institutions hold shares in Coty Inc (COTY), with institutional investors hold 98.14% of the company’s shares. The shares outstanding are 872.30M, and float is at 368.57M with Short Float at 4.50%. Institutions hold 38.80% 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.
