Tomorrow Is Not Likely To Be Same For Coty Inc (COTY)

Coty Inc (COTY) concluded trading on Wednesday at a closing price of $7.26, with 4.2 million shares of worth about $30.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.18% during that period and on January 29, 2025 the price saw a loss of about -1.36%. 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 -1.76% in past 5 days and over the past one month there was a price change of 2.40%. Year-to-date (YTD), COTY shares are showing a performance of 4.31% which decreased to -40.30% 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 5.26 million. The stock is currently trading 2.73% above its 20-day simple moving average (SMA20), while that difference is up 0.32% for SMA50 and it goes to -19.48% lower than SMA200.

Coty Inc (NYSE: COTY) currently have 867.80M outstanding shares and institutions hold larger chunk of about 39.78% of that.

The stock has a current market capitalization of $6.32B and its 3Y-monthly beta is at 1.89. PE ratio of stock for trailing 12 months is 43.09, while it has posted earnings per share of $0.17 in the same period. Its PEG reads 1.84 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 2.88% while standing at 2.88% over the month.

Stock’s fiscal year EPS is expected to rise by 40.82% while it is estimated to increase by 18.07% 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.

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