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 the 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 44% of sales from Europe, 42% from the Americas, and 14% 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 November 20, 2024, COTY stock price climbed to $7.14 with 3,757,069 million shares trading.

COTY has a beta of 0.84, meaning it tends to be less sensitive to market movements. COTY has a correlation of 0.09 to the broad based SPY ETF.

COTY has a market cap of $6.21 billion. This is considered a Mid Cap stock.

Last quarter Coty Class A reported $2 billion in Revenue and $.15 earnings per share. This fell short of revenue expectation by $-9 million and missed earnings estimates by -$.04.

In the last 3 years, COTY 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 price return of -34.7% while the SPY ETF gained +31.5%. COTY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -25.1% and -3.9%, respectively, while the SPY returned +6.0% and -0.1%, respectively.

COTY support price is $6.94 and resistance is $7.24 (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 shares will trade within this expected range on the day.