Coty Inc (COTY) 20 Days SMA touches -10.84%: The odds favor the bear

On Friday, Coty Inc (NYSE: COTY) opened at On Friday, remained unchanged from the last session, before settling in for the closing price of $7.57. Price fluctuations for COTY have ranged from $7.34 to $13.30 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 0.52%. Company’s average yearly earnings per share was noted 50.18% at the time writing. With a float of $364.13 million, this company’s outstanding shares have now reached $867.80 million.

Considering the fact that the conglomerate employs 11791 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 63.61%, operating margin of 8.96%, and the pretax margin is 3.34%.

Coty Inc (COTY) Insider Activity

A key investor’s attitude towards the stock of the Household & Personal Products industry is another important factor to consider. The insider ownership of Coty Inc is 58.04%, while institutional ownership is 40.32%. The most recent insider transaction that took place on Mar 04 ’24, was worth 1,130,058. In this transaction Director of this company sold 90,000 shares at a rate of $12.56, taking the stock ownership to the 169,982 shares. Before that another transaction happened on Mar 06 ’24, when Company’s Director sold 30,000 for $12.70, making the entire transaction worth $380,877. This insider now owns 120,000 shares in total.

Coty Inc (COTY) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.09 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 0.17) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.21 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 50.18% per share during the next fiscal year.

Coty Inc (NYSE: COTY) Trading Performance Indicators

Check out the current performance indicators for Coty Inc (COTY). In the past quarter, the stock posted a quick ratio of 0.46. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07. Likewise, its price to free cash flow for the trailing twelve months is 17.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.65 in one year’s time.

Technical Analysis of Coty Inc (COTY)

Compared to the last year’s volume of 4.07 million, its volume of 4.89 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.57%. Additionally, its Average True Range was 0.27.

During the past 100 days, Coty Inc’s (COTY) raw stochastic average was set at 7.04%, which indicates a significant decrease from 11.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.20% in the past 14 days, which was higher than the 34.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.01, while its 200-day Moving Average is $10.54. Nevertheless, the first resistance level for the watch stands at $7.61 in the near term. At $7.66, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.70. If the price goes on to break the first support level at $7.52, it is likely to go to the next support level at $7.48. Should the price break the second support level, the third support level stands at $7.43.

Coty Inc (NYSE: COTY) Key Stats

There are currently 867,839K shares outstanding in the company with a market cap of 6.57 billion. Presently, the company’s annual sales total 6,118 M according to its annual income of 89,400 K. Last quarter, the company’s sales amounted to 1,363 M and its income totaled -96,900 K.