COTY Stock Summary and Trading Ideas (Coty Class A | NYSE:COTY)

Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 42% from the Americas, and 13% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.

Coty Class A trades on the NYSE stock market under the symbol COTY.

As of April 19, 2024, COTY stock price climbed to $11.06 with 3,037,798 million shares trading.

COTY has a beta of 1.36, meaning it tends to be more sensitive to market movements. COTY has a correlation of 0.24 to the broad based SPY ETF.

COTY has a market cap of $9.90 billion. This is considered a Mid Cap stock.

Last quarter Coty Class A reported $2 billion in Revenue and $.25 earnings per share. This beat revenue expectation by $48 million and exceeded earnings estimates by $.05.

In the last 3 years, COTY stock traded as high as $13.46 and as low as $5.90.

The top ETF exchange traded funds that COTY belongs to (by Net Assets): VTI, IJH, VB, VBR, VXF.

COTY has underperformed the market in the last year with a return of -11.7%, while the SPY ETF gained +21.3%. In the last 3 month period, COTY fell short of the market, returning -8.6%, while SPY returned +4.3%. However, in the most recent 2 weeks COTY has outperformed the stock market by returning 0.0%, while SPY returned -3.4%.

COTY support price is $10.78 and resistance is $11.30 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COTY stock will trade within this expected range on the day.