Coty Inc (COTY) Is Not Likely To Be The Same Tomorrow

After Hours

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. Recently, Yahoo Finance discussed the stock, revealing that Sally Hansen® Launches Nail Art Decals to Customize Your Mani & Expands the Salon Effects® Franchise.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Coty Inc is listed on the NYSE in the Consumer Defensive sector while operating in the Household & Personal Products industry. At the end of the last regular session, the stock closed at $12.31 and fluctuated between $12.57 as its day high and $12.24 as its day low. The current market capitalization of Coty Inc is $10.98B. A total of 3.1 million shares were traded on the day, compared to an average of 4.56M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, COTY has seen 3 BUY and 0 SELL insider trades, representing the acquisition of 30,000 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 10 SELLs from insiders. Insiders purchased 16,357,723 shares during that period but sold 6,642,774.

In the most recent transaction, Parize Isabelle bought 4,775 shares of COTY for 10.50 per share on Oct 09. After the transaction, the Director now owns 61,500 company shares. In a previous transaction on Oct 04, Parize Isabelle bought 20,500 shares at 10.29 per share. COTY shares that Director owns now total 56,725.

Among the insiders who bought shares, JAB Holdings B.V. acquired of 3,000,000 shares on Oct 02 at a per-share price of $10.80. This resulted in the 10% Owner holding 451,853,684 shares of COTY after the transaction. In another insider transaction, ARAMBURUZABALA MARIA ASUNICION bought 500,000 shares at $10.80 per share on Sep 28. Company shares held by the Director now total 1,425,000.

Dividend

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Coty Inc pays an annual dividend of $0.08, resulting in a dividend yield of 0.61%, and it has a price to earnings (P/E) ratio of 29.40.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for COTY in the last 3 months, the mean price target is $13.18 with high estimates of $17.00 and low estimates of $11.00. In terms of 52-week highs and lows, COTY has a high of $13.46 and a low of $9.02.

As of this writing, COTY has an earnings estimate of $0.19 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.25 per share and a lower estimate of $0.14. The company reported an EPS of $0.01 in the last quarter, which was -50.00% lower than expectations of $0.02.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. COTY’s latest balance sheet shows that the firm has $233.30M in Cash & Short Term Investments as of fiscal 2022. There were $4.78B in debt and $2.57B in liabilities at the time. Its Book Value Per Share was $4.19, while its Total Shareholder’s Equity was $3.56B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 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 Buy with a score of 3.80.

Most Popular

Related Posts