Coty Inc. (COTY) is an interesting player in the Consumer Goods space, with a focus on Personal Products. The stock has been active on the tape, currently trading at $14.18, down from yesterday’s close by -2.27%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Coty Inc. (COTY) currently trades with a market capitalization of $11.16 Billion. That value represents a market adjusting for revenues that have been growing by 9.38 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of -$187.3 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.12 on a per share basis this quarter. Perhaps, that suggests something about why 0.67% of the outstanding share supply is held by institutional investors.
No analysis is ever complete without a thorough survey of a stock’s technical behavior. Looking at the stock’s movement on the chart, Coty Inc. recorded a 52-week high of $21.68. It is now trading 7.5% off that level. The stock is trading $17.32 its 50-day moving average by 3.14%. The stock carved out a 52-week low down at $13.87.
In recent action, Coty Inc. (COTY) has made a move of -17.41% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 15.08, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 13.06% with $436.86 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of COTY.