Coty Inc (NYSE: COTY) is -53.91% lower on its value in year-to-date trading and has touched a low of $4.46 and a high of $10.54 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 $4.61 in the last trading session, with the day’s gains setting it 8479995.39%.
Currently trading at $8480000.0, the stock is -4.41% and -5.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.15 million and changing 0.87% at the moment leaves the stock -28.67% off its SMA200. COTY registered -33.19% loss for a year compared to 6-month loss of -33.95%. The firm has a 50-day simple moving average (SMA 50) of $4.913 and a 200-day simple moving average (SMA200) of $6.51865.
The stock witnessed a -6.81% gain in the last 1 month and extending the period to 3 months gives it a -14.68%, and is -3.53% 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 2.49% over the week and 3.55% over the month.
Coty Inc (COTY) has around 11791 employees, a market worth around $4.06B and $6.00B in sales. Fwd P/E is 9.33. Profit margin for the company is -6.82%. Distance from 52-week low is 4.26% and -55.88% 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 -17.60% this year.
Coty Inc (COTY) Top Institutional Holders
439.0 institutions hold shares in Coty Inc (COTY), with institutional investors hold 98.57% of the company’s shares. The shares outstanding are 872.30M, and float is at 368.57M with Short Float at 5.96%. Institutions hold 38.97% 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.
