|Bid||0.00 x 36200|
|Ask||11.49 x 40700|
|Day's Range||11.20 - 11.37|
|52 Week Range||5.91 - 18.90|
|Beta (3Y Monthly)||1.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||0.50 (4.43%)|
|1y Target Est||10.94|
Hunting for yield. With CNBC's Bob Pisani and Melissa Lee, and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Dan Nathan.
Coty Inc. (the “Company” or “Coty”) (COTY) today announced that it has filed an amendment to its Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission (the “SEC”) in connection with the tender offer (the “Offer”) commenced on February 13, 2019 by Cottage Holdco B.V. ( “Cottage”), an affiliate of JAB Holding Company S.à r.l. Pursuant to the Offer, Cottage would acquire up to 150 million shares of the Company’s Class A common stock (the “Shares”) at a price of $11.65 per share in cash. The Company also announced today that it has entered into a Stockholders Agreement (the “Stockholders Agreement”) with Cottage, JAB Holdings B.V. and JAB Cosmetics B.V. (the “JAB Group”) containing provisions that would become effective upon a consummation of the Offer and that are intended to enhance the potential for Coty stockholders following the consummation of the Offer to participate in the potential value creation that could result from Company management’s execution of its anticipated new strategic plan and to receive a premium for the purchase of their Shares in the event of future strategic transactions involving the Company’s common equity.
As previously announced, on February 8, 2019, the Board of Directors of Coty Inc. declared a quarterly cash dividend of $0.125 per common share, payable on March 15, 2019 to shareholders of record on February 28, 2019.
Coty Inc NYSE:COTYView full report here! Summary * Bearish sentiment is moderate and increasing * Economic output in this company's sector is expanding Bearish sentimentShort interest | NegativeShort interest is moderately high for COTY with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on March 8. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold COTY had net inflows of $2.23 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Helen of Troy (HELE) explores sale of its Personal Care business, which has been denting its Beauty segment. This will help the company increase focus on its Leadership Brands.
Investor over-reactions to both negative and positive news triggered a sharp increase in market volatility that continued into the New Year. At such times, we generally see a growing disconnect between stock prices and our estimates of the intrinsic value of individual businesses. For us, selectivity and highly focused company-specific analysis become even more important factors for succeeding over long periods of time in a tough market environment, especially when there is a growing disconnect between stock prices and the intrinsic value of individual businesses.
During Friday's Mad Money program, Jim Cramer looked at the biggest winners since the December lows to see which stocks still have room to run. Topping the list was cosmetics maker Coty, Inc. In this daily bar chart of COTY, below, we can see how prices made a low in late December, were steady in January, and exploded to the upside with two gaps and heavy volume in February.
Coty's (COTY) Luxury unit continues to deliver a strong show. Also, acquisitions and e-commerce efforts bode well amid hurdles like soft Consumer Beauty segment.
This year has been an unusually bullish one for U.S. stocks. Granted, the market started 2019 with the advantage of a steep selloff during the final three months of last year, setting up a big bounce out of an oversold condition. Traders remain confident at current levels, however, not flinching at the first whiff of potential trouble.The S&P; 500's 15% advance from the late-December low hasn't just put the broad market back into a bullish mode, however. It has yanked some stocks out of a rut and back into an uptrend as well. In many of those cases, that turnaround coincides with a fundamental turnaround from the company itself.With that as the backdrop, here's a rundown of the nine best U.S. stocks to plug into for a turnaround effort. All of them have made good forward progress, developing some momentum as a result. A closer read of their respective headlines also reveals the much-needed rhetoric has taken a turn for the better, reflective of fresh profit growth, sales growth or both.In no particular order... SEE ALSO: 2019's Most Surprisingly Hot Stocks
Coty Inc. (the “Company”) (COTY) today announced that it has filed its initial Solicitation/Recommendation Statement on Schedule 14D-9 with the Securities and Exchange Commission (“SEC”) in connection with the tender offer (the “Offer”) commenced on February 13, 2019 by Cottage Holdco B.V. (the “Offeror”), an affiliate of JAB Holding Company S.à r.l. Pursuant to the Offer, the Offeror would acquire up to 150 million additional shares of the Company’s Class A common stock at a price of $11.65 per share in cash. As previously announced, the Board of Directors of the Company formed a special committee of disinterested, independent directors (the “Special Committee”) to evaluate the Offer.
RADNOR, PA / ACCESSWIRE / February 19, 2019 / Kaskela Law LLC is investigating Coty Inc. ("Coty") (NYSE: COTY) on behalf of the Company's shareholders. The investigation seeks to determine whether ...
Learn about Procter & Gamble's major competitors in each of its revenue segments, including fabric care and home care, and beauty, hair and personal care.
Coty Inc. said Friday that it has formed a special committee to consider the tender offer from JAB Holdings Co. for 150 million shares of Class A common stock at $11.65 per share in cash. The three-member committee "of disinterested, independent directors" are Sabine Chalmers, Erhard Schoewel and Robert Singer. The committee has 10 days from the date the offer was announced, Feb. 13, 2019, to notify stockholders of their recommendation. Coty shares have sunk 48.6% over the past year while the S&P 500 index has gained 1.3% over the last 12 months.
Coty Inc. today confirmed that on February 13, 2019 , JAB Holding Company S.à r.l. , the “JAB Group”) commenced its previously announced tender offer, pursuant to which an affiliate of JAB Group would acquire up to 150 million additional shares of the Company’s Class A common stock at a price of $11.65 per share in cash .
Moody's Investors Service ("Moody's") today placed the ratings for Coty Inc. ("Coty") on review for downgrade. This includes the company's B1 Corporate Family Rating and B1-PD Probability of Default Rating. It also includes the Ba3 rating on Coty's first lien senior secured credit facility, and the B3 on its guaranteed unsecured notes.
Coty Stock Rose 12.5%, JAB Offered to Raise StakeJAB Holdings to raise stake Coty (COTY) stock rose 12.5% on February 12. JAB Holdings proposed increasing its stake in Coty to 60% from 40%. JAB Holdings intends to acquire up to 150 million
JAB Ltd. has offered to significantly boost its stake in Coty Inc. by buying up to $1.75 billion in shares, a move intended to signal its confidence in the embattled beauty giant. JAB on Tuesday launched a tender offer to buy up to 150 million Coty shares for $11.65 a share in cash, a 21% premium to Monday’s closing price. If successful, the purchase would boost JAB’s stake in Coty, whose products include OPI nail polish and CoverGirl makeup, to 60% from 40%.
Stocks that moved substantially or traded heavily on Tuesday: Gilead Sciences Inc., down $2.22 to $65.40 A potential liver disease under development by the biotechnology company failed to meet its treatment ...