In the last trading session, 26.63 million shares of the Coty Inc (NYSE:COTY) were traded, and its beta was 1.94. Most recently the company’s share price was $5.05, and it changed around $0.32 or 6.77% from the last close, which brings the market valuation of the company to $4.41B. COTY currently trades at a discount to its 52-week high of $10.54, offering almost -108.71% off that amount. The share price’s 52-week low was $4.46, which indicates that the current value has risen by an impressive 11.68% since then. We note from Coty Inc’s average daily trading volume that its 10-day average is 9.74 million shares, with the 3-month average coming to 7.68 million.
Coty Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.35. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 10 recommended COTY as a Hold, whereas 7 deemed it a Buy, and 2 rated it as Underweight.
Coty Inc (NYSE:COTY) trade information
Instantly COTY has showed a green trend with a performance of 6.77% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.34 on recent trading dayincreased the stock’s daily price by 5.43%. The company’s shares are currently down -27.44% year-to-date, but still up 0.80% over the last five days. On the other hand, Coty Inc (NYSE:COTY) is 0.40% up in the 30-day period. We can see from the shorts that 19.51 million shares have been sold at a short interest cover period of 2.37 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to decrease their stock price by -1.0% from its current value. Analyst projections state that COTY is forecast to be at a low of $5 and a high of $7.5.
Coty Inc earnings are expected to increase by -17.71% in 2025, but the outlook is positive 15.74% per year for the next five years.
COTY Dividends
Coty Inc’s next quarterly earnings report is expected to be released on 2025-May-05. 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 60.46% of Coty Inc shares, and 38.97% of them are in the hands of institutional investors. The stock currently has a share float of 98.57%. Coty Inc stock is held by 438.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 4.7304% of the shares, which is about 41.36 million shares worth $414.45 million.
VANGUARD GROUP INC, with 4.109% or 35.93 million shares worth $360.01 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
