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Wednesday, February 1, 2023

Coty Inc. (NYSE: COTY) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Coty Inc. (COTY) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.08, or -0.85%, to $9.30. The Coty Inc. has recorded 863,784 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Coty Announces Appointment of Lubomira Rochet to Its Board of Directors.

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Stocks Info

Coty Inc. is listed on the NYSE as a member of the Consumer Defensive sector and is a part of the Household & Personal Products industry. At the end of the last regular session, the stock closed at $9.38 and fluctuated between $9.49 as its day high and $9.21 as its day low. The current market capitalization of Coty Inc. is $7.78B. A total of 8.05 million shares were traded on the day, compared to an average of 5.99M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, COTY has seen 13 BUY and 2 SELL insider trades, representing the acquisition of 1,394,438 and the disposition of 195,239 shares. Over the last 12 months, there were 28 BUYs and 5 SELLs from insiders. Insiders purchased 12,158,088 shares during that period but sold 201,779.

In the most recent transaction, Goudet Olivier bought 100,000 shares of COTY for 7.61 per share on Nov 15. After the transaction, the Director now owns 1,039,129 company shares. In a previous transaction on Nov 14, Goudet Olivier bought 100,000 shares at 7.56 per share. COTY shares that Director owns now total 939,129.

Among the insiders who bought shares, Goudet Olivier acquired of 100,000 shares on Nov 10 at a per-share price of $7.35. This resulted in the Director holding 839,129 shares of COTY after the transaction. In another insider transaction, Singer Robert S bought 5,000 shares at $7.35 per share on Sep 06. Company shares held by the Director now total 239,982.


It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. COTY’s most recent ex-dividend date was 2/14/2020 when it declared a $0.1250 quarterly dividend that was paid in cash on 3/27/2020. Previously, the company paid the dividend on 12/27/2019 with an ex-dividend date of 11/15/2019. The COTY stock dividend was $0.1250 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for COTY in the last 3 months, the mean price target is $10.55 with high estimates of $15.00 and low estimates of $7.00. In terms of 52-week highs and lows, COTY has a high of $10.38 and a low of $5.90.

As of this writing, COTY has an earnings estimate of $0.12 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.14 per share and a lower estimate of $0.1. The company reported an EPS of $0.03 in the last quarter, which was 200.00% higher than expectations of $0.01.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 15 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COTY is Underweight with a score of 4.10. A total of 7 analysts rated the stock as Buy while 1 rated it as Overweight while 7 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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