In today’s recent session, 2.95 million shares of the Coty Inc (NYSE:COTY) have been traded, and its beta is 1.95. Most recently the company’s share price was $5.85, and it changed around -$0.29 or -4.75% from the last close, which brings the market valuation of the company to $5.10B. COTY at last check was trading at a discount to its 52-week high of $13.30, offering almost -127.35% off that amount. The share price’s 52-week low was $6.13, which indicates that the recent value has fallen by an impressive -4.79% since then. We note from Coty Inc’s average daily trading volume that its 10-day average is 7.03 million shares, with the 3-month average coming to 5.30 million.
Coty Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.09. If we narrow it down even further, the data shows that 0 out of 21 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 8 recommended COTY as a Hold, whereas 7 deemed it a Buy, and 1 rated it as Underweight.
Coty Inc (NYSE:COTY) trade information
Instantly COTY has been showing red trend so far today with a performance of -4.75% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.10 on recent trading dayincreased the stock’s daily price by 17.61%. The company’s shares are currently down -15.97% year-to-date, but still down -13.87% over the last five days. On the other hand, Coty Inc (NYSE:COTY) is -13.61% down in the 30-day period. We can see from the shorts that 13.38 million shares have been sold at a short interest cover period of 2.84 day(s).
The consensus price target as assigned by Wall Street analysts is $12, which translates to bulls needing to increase their stock price by 51.25% from its current value. Analyst projections state that COTY is forecast to be at a low of $11 and a high of $14.5.
COTY Dividends
Coty Inc’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 4.28 per year.
Coty Inc (NYSE:COTY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 60.68% of Coty Inc shares, and 38.79% of them are in the hands of institutional investors. The stock currently has a share float of 98.66%. Coty Inc stock is held by 466.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 4.6838% of the shares, which is about 41.36 million shares worth $414.45 million.
VANGUARD GROUP INC, with 4.0685% or 35.93 million shares worth $360.01 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Midcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024. The former held 11.71 shares worth $68.19 million, making up 1.35% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 11.2 shares worth around $65.26 million, which represents about 1.29% of the total shares outstanding.
