Currently, there are 872.00M common shares owned by the public and among those 367.08M shares have been available to trade.
The company’s stock has a 5-day price change of -16.54% and -23.44% over the past three months. COTY shares are trading -18.82% year to date (YTD), with the 12-month market performance down to -51.38% lower. It has a 12-month low price of $5.55 and touched a high of $13.30 over the same period. COTY has an average intraday trading volume of 5.49 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -17.28%, -19.56%, and -35.17% respectively.
Institutional ownership of Coty Inc (NYSE: COTY) shares accounts for 40.79% of the company’s 872.00M shares outstanding.
It has a market capitalization of $4.93B and a beta (3y monthly) value of 1.94. The earnings-per-share (ttm) stands at -$0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.65% over the week and 3.71% over the month.
Earnings per share for the fiscal year are expected to increase by 5.34%, and 36.88% over the next financial year.
Looking at the support for the COTY, a number of firms have released research notes about the stock. Goldman stated their Neutral rating for the stock in a research note on December 13, 2024, with the firm’s price target at $9. TD Cowen coverage for the Coty Inc (COTY) stock in a research note released on November 13, 2024 offered a Hold rating with a price target of $8.50. Barclays was of a view on November 07, 2024 that the stock is Underweight, while Deutsche Bank gave the stock Buy rating on October 16, 2024, issuing a price target of $14- $12. Jefferies on their part issued Buy rating on October 07, 2024.
