Coty Inc (COTY) concluded trading on Wednesday at a closing price of $7.39, with 6.91 million shares of worth about $51.09 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.80% during that period and on January 22, 2025 the price saw a gain of about 1.37%. Currently the company’s common shares owned by public are about 867.80M shares, out of which, 366.36M shares are available for trading.
Stock saw a price change of 9.64% in past 5 days and over the past one month there was a price change of 5.72%. Year-to-date (YTD), COTY shares are showing a performance of 6.18% which decreased to -38.93% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.59 but also hit the highest price of $13.30 during that period. The average intraday trading volume for Coty Inc shares is 5.18 million. The stock is currently trading 5.96% above its 20-day simple moving average (SMA20), while that difference is up 2.24% for SMA50 and it goes to -18.88% lower than SMA200.
Coty Inc (NYSE: COTY) currently have 867.80M outstanding shares and institutions hold larger chunk of about 39.79% of that.
The stock has a current market capitalization of $6.43B and its 3Y-monthly beta is at 1.89. PE ratio of stock for trailing 12 months is 43.86, while it has posted earnings per share of $0.17 in the same period. Its PEG reads 2.41 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 2.83% while standing at 2.81% over the month.
Analysts are in expectations that Coty Inc (COTY) stock would likely to be making an EPS of 0.21 in the current quarter, while forecast for next quarter EPS is 0.09 and it is 0.62 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.2 which is 0.25 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.25 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 41.49% while it is estimated to increase by 18.56% 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 Goldman on December 13, 2024 offering a Neutral rating for the stock and assigned a target price of $9 to it. Coverage by TD Cowen stated Coty Inc (COTY) stock as a Hold in their note to investors on November 13, 2024, suggesting a price target of $8.50 for the stock. On November 07, 2024, Barclays Downgrade their recommendations, while on October 16, 2024, Deutsche Bank Reiterated their ratings for the stock with a price target of $12. Stock get a Buy rating from Jefferies on October 07, 2024.
