Market Insight: Coty Inc (COTY)’s Notable Drop, Closing at 9.73

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In the latest session, Coty Inc (NYSE: COTY) closed at $9.73 down -0.31% from its previous closing price of $9.76. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 1.04 million shares were traded. COTY stock price reached its highest trading level at $9.87 during the session, while it also had its lowest trading level at $9.72.


For a deeper understanding of Coty Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on April 16, 2024, Reiterated its Neutral rating but revised its target price to $12 from $13 previously.

On April 15, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $14.

TD Cowen Upgraded its Market Perform to Outperform on February 22, 2024, whereas the target price for the stock was revised from $13 to $16.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 06 ’24 when Singer Robert S sold 30,000 shares for $12.70 per share. The transaction valued at 380,877 led to the insider holds 120,000 shares of the business.

Singer Robert S sold 20,000 shares of COTY for $254,364 on Mar 06 ’24. The Director now owns 121,500 shares after completing the transaction at $12.72 per share. On Mar 05 ’24, another insider, Singer Robert S, who serves as the Director of the company, sold 19,982 shares for $12.60 each. As a result, the insider received 251,849 and left with 150,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COTY now has a Market Capitalization of 8444072960 and an Enterprise Value of 12807773184. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.19, and their Forward P/E ratio for the next fiscal year is 17.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 2.12. Its current Enterprise Value per Revenue stands at 2.098 whereas that against EBITDA is 11.632.

Stock Price History:

Over the past 52 weeks, COTY has reached a high of $13.46, while it has fallen to a 52-week low of $9.02. The 50-Day Moving Average of the stock is -7.95%, while the 200-Day Moving Average is calculated to be -13.40%.

Shares Statistics:

For the past three months, COTY has traded an average of 4.07M shares per day and 3388920 over the past ten days. A total of 852.80M shares are outstanding, with a floating share count of 366.48M. Insiders hold about 57.77% of the company’s shares, while institutions hold 40.61% stake in the company. Shares short for COTY as of 1718323200 were 17267244 with a Short Ratio of 4.25, compared to 1715731200 on 20532164. Therefore, it implies a Short% of Shares Outstanding of 17267244 and a Short% of Float of 4.24.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.28.

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