Coty Inc. (NYSE:COTY) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, August 22nd. Analysts expect the company to announce earnings of $0.10 per share for the quarter.
Coty Inc. (NYSE:COTY) opened at 19.23 on Friday. Coty Inc. has a one year low of $16.95 and a one year high of $29.30. The firm has a 50-day moving average of $19.29 and a 200-day moving average of $18.83. The firm’s market cap is $14.38 billion.
In related news, insider Greerson Greene Mcmullen purchased 14,350 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The shares were bought at an average cost of $18.92 per share, for a total transaction of $271,502.00. Following the transaction, the insider now directly owns 68,007 shares of the company’s stock, valued at approximately $1,286,692.44. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Sebastien Froidefond purchased 13,461 shares of the firm’s stock in a transaction on Thursday, June 15th. The stock was bought at an average price of $18.95 per share, for a total transaction of $255,085.95. Following the completion of the transaction, the insider now directly owns 62,640 shares in the company, valued at $1,187,028. The disclosure for this purchase can be found here. Insiders acquired a total of 188,620 shares of company stock worth $3,588,363 over the last 90 days. Company insiders own 16.10% of the company’s stock.
COTY has been the topic of a number of research analyst reports. Zacks Investment Research lowered shares of Coty from a “hold” rating to a “sell” rating in a research note on Thursday, July 20th. BidaskClub lowered shares of Coty from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. Societe Generale initiated coverage on shares of Coty in a research note on Monday, June 12th. They issued a “buy” rating and a $21.00 target price on the stock. Jefferies Group LLC initiated coverage on shares of Coty in a research note on Friday, June 2nd. They issued a “hold” rating and a $17.00 target price on the stock. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $22.00 target price on shares of Coty in a research note on Thursday, June 8th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $22.54.
Coty Company Profile
Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.
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