Assessing Whether Coty Inc (NYSE: COTY) Is Over- Or Undervalued

Coty Inc (COTY) concluded trading on Wednesday at a closing price of $7.67, with 3.82 million shares of worth about $29.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -24.13% during that period and on December 04, 2024 the price saw a gain of about 2.13%. Currently the company’s common shares owned by public are about 867.80M shares, out of which, 365.17M shares are available for trading.

Stock saw a price change of 3.51% in past 5 days and over the past one month there was a price change of 2.68%. Year-to-date (YTD), COTY shares are showing a performance of -38.24% which decreased to -35.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.93 but also hit the highest price of $13.30 during that period. The average intraday trading volume for Coty Inc shares is 5.01 million. The stock is currently trading 4.20% above its 20-day simple moving average (SMA20), while that difference is down -3.65% for SMA50 and it goes to -22.58% lower than SMA200.

Coty Inc (NYSE: COTY) currently have 867.80M outstanding shares and institutions hold larger chunk of about 40.21% of that.

The stock has a current market capitalization of $6.67B and its 3Y-monthly beta is at 1.90. PE ratio of stock for trailing 12 months is 45.52, while it has posted earnings per share of $0.17 in the same period. Its PEG reads 2.43 and has Quick Ratio of 0.55 while making debt-to-equity ratio of 1.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COTY, volatility over the week remained 3.09% while standing at 3.42% over the month.

Stock’s fiscal year EPS is expected to rise by 40.96% while it is estimated to increase by 19.73% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on November 13, 2024 offering a Hold rating for the stock and assigned a target price range of between $11 and $8.50 to it. Coverage by Barclays stated Coty Inc (COTY) stock as an Underweight in their note to investors on November 07, 2024, suggesting a price target of $7 for the stock. On October 16, 2024, Deutsche Bank Reiterated their recommendations, while on October 07, 2024, Jefferies Upgrade their ratings for the stock with a price target of $12. Stock get a Neutral rating from Citigroup on April 16, 2024.

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