Can Coty Inc. (COTY)’s Tomorrow be Different? The Stock Declines Again

Coty Inc. (NYSE:COTY) Logo

Investors sentiment decreased to 1.05 in 2019 Q1. Its down 0.54, from 1.59 in 2018Q4. It is negative, as 40 investors sold Coty Inc. shares while 104 reduced holdings. 59 funds opened positions while 92 raised stakes. 542.20 million shares or 11.59% more from 485.89 million shares in 2018Q4 were reported.
Wells Fargo & Company Mn invested in 924,427 shares. Hartford Investment Mgmt stated it has 0.02% of its portfolio in Coty Inc. (NYSE:COTY). 26,352 were reported by Commonwealth Of Pennsylvania Public School Empls Retrmt Sys. Css Limited Liability Il holds 6.67M shares. 1,143 were accumulated by Private Ocean Ltd Liability. Legal General Pcl reported 3.27M shares stake. Zurcher Kantonalbank (Zurich Cantonalbank) owns 113,919 shares. New Mexico Educational Retirement Board accumulated 37,600 shares. Shell Asset Mngmt has invested 0.01% in Coty Inc. (NYSE:COTY). Comerica Fincl Bank holds 0.01% or 86,245 shares in its portfolio. California Employees Retirement System stated it has 0.02% in Coty Inc. (NYSE:COTY). Amundi Pioneer Asset Management reported 521,243 shares. Verity Asset Mgmt Incorporated reported 43,984 shares or 0.59% of all its holdings. Citadel Advsrs Limited holds 264,266 shares. Ameritas Investment Prns accumulated 8,988 shares or 0% of the stock.

Since May 29, 2019, it had 1 buying transaction, and 0 selling transactions for $12.40 million activity.

The stock of Coty Inc. (NYSE:COTY) is a huge mover today! The stock decreased 5.56% or $0.53 during the last trading session, reaching $9.01. About 6.55M shares traded or 4.11% up from the average. Coty Inc. (NYSE:COTY) has declined 19.19% since August 15, 2018 and is downtrending. It has underperformed by 19.19% the S&P500.
The move comes after 7 months negative chart setup for the $6.77B company. It was reported on Aug, 15 by Barchart.com. We have $8.20 PT which if reached, will make NYSE:COTY worth $609.30M less.

Analysts await Coty Inc. (NYSE:COTY) to report earnings on August, 20. They expect $0.16 EPS, up 14.29 % or $0.02 from last year’s $0.14 per share. COTY’s profit will be $120.22M for 14.08 P/E if the $0.16 EPS becomes a reality. After $0.13 actual EPS reported by Coty Inc. for the previous quarter, Wall Street now forecasts 23.08 % EPS growth.

Coty Inc. (NYSE:COTY) Ratings Coverage

Among 3 analysts covering Coty Inc (NYSE:COTY), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Coty Inc has $1700 highest and $1000 lowest target. $12.50’s average target is 38.73% above currents $9.01 stock price. Coty Inc had 8 analyst reports since March 5, 2019 according to SRatingsIntel. The stock of Coty Inc. (NYSE:COTY) has “Neutral” rating given on Tuesday, April 2 by Citigroup. The rating was maintained by DA Davidson with “Neutral” on Tuesday, July 2. The stock of Coty Inc. (NYSE:COTY) earned “Market Perform” rating by Wells Fargo on Tuesday, April 16.

More notable recent Coty Inc. (NYSE:COTY) news were published by: Finance.Yahoo.com which released: “Why Coty Stock Lost 19% in July – Yahoo Finance” on August 05, 2019, also Streetinsider.com with their article: “Coty (COTY) Said Considering Divestitures as Part of Turnaround, Looks to Shed $500M-$1B in Assets – WWD – StreetInsider.com” published on July 30, 2019, Benzinga.com published: “Q2 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios – Benzinga” on August 15, 2019. More interesting news about Coty Inc. (NYSE:COTY) were released by: Finance.Yahoo.com and their article: “Is Coty Inc (COTY) A Good Stock To Buy? – Yahoo Finance” published on June 20, 2019 as well as Seekingalpha.com‘s news article titled: “Coty sets turnaround plan – Seeking Alpha” with publication date: July 01, 2019.

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $6.77 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

Coty Inc. (NYSE:COTY) Institutional Positions Chart

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