|Bid||13.61 x 1000|
|Ask||13.62 x 4000|
|Day's Range||13.48 - 13.71|
|52 Week Range||5.91 - 14.87|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 19, 2019 - Aug 23, 2019|
|Forward Dividend & Yield||0.50 (4.05%)|
|1y Target Est||12.00|
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Coty Inc. New York, June 14, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Coty Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") downgraded Coty Inc.'s ("Coty") Corporate Family Rating ("CFR") to B2 from B1 and Probability of Default Rating to B2-PD from B1-PD. Moody's also downgraded the company's unsecured notes to Caa1 (LGD5) from B3 (LGD5). Concurrently, Moody's confirmed the ratings on Coty's first lien revolving credit facility and term loan at Ba3 (LGD2) and affirmed its Speculative Grade Liquidity Rating at SGL-4.
Coty Inc NYSE:COTYView full report here! Summary * Bearish sentiment is moderate and declining Bearish sentimentShort interest | PositiveShort interest is moderate for COTY with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 21. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold COTY had net inflows of $3.33 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 | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.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.
Coty (COTY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Conventional wisdom says that insiders and 10 percent owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. Zillow Group Inc (NASDAQ: Z) had a director return for more notable indirect share purchases this past week. Zillow's new business in buying and selling homes has helped boost its revenue.
Estee Lauder (EL) is set to gain on strong online sales, robust travel retail network, focus on buyouts and its Leading Beauty Forward initiative.
By IPO Edge Contributor SmallCapTrader Natura Cosméticos S.A. is emerging as a global cosmetics powerhouse from Brazil to China and is acquiring Avon Products Inc.’s non-U.S. business for $2 billion to cement its global reach The deal will allow Avon investors to trade their ownership in a fading business for a big stake in […]
Coty Inc. (COTY) will host a call discussing its Turnaround Plan on Monday, July 1, 2019 at 9:00 a.m. (ET). The call will be led by Pierre Laubies (Coty CEO) and Pierre-André Terisse (Coty CFO). Coty is one of the world’s largest beauty companies with over $9 billion in revenue, an iconic portfolio of brands and a purpose to celebrate and liberate the diversity of consumers’ beauty.
When shares get really cheap they often welcome the chance to scoop up positions at rock bottom prices. Nobody can call exact bottoms in advance as short-term market action can get quite irrational. Here are just a few examples of large insider buys which preceded nice percentage gains over short periods.
Coty Inc. (COTY) today appointed Fiona Hughes as Chief Marketing Officer, Coty Consumer Beauty, and as a member of the Executive Committee, effective June 12, 2019, reporting to Pierre Laubies, Coty CEO & Consumer Beauty President.
Stocks that moved substantially or traded heavily on Wednesday: The Progressive Corp., up $3.86 to $77.50 The insurance company reported a sharp increase in premiums during its most recent quarter and ...
CEO of Coty Inc (NYSE:COTY) Pierre Laubies bought 648,228 shares of COTY on 05/10/2019 at an average price of $11.64 a share.
Be wary of drawing any sweeping conclusions about any individual stocks based on Monday's action. The market tide was so bearish that few names could escape the undertow. On the other hand, if the undertow is this bearish, it's not as if many stocks will be able to overcome it.Source: Allan Ajifo via Wikimedia (Modified)Mega-cap Apple (NASDAQ:AAPL) did the most net damage, losing almost 6% of its value on concerns that it would be a key victim of the rekindled tariff war being waged between the U.S. and China. Fanning those bearish flames was a decision from the U.S. Supreme Court that app users can sue the company.There were some winners, although few and far between. Recently-IPO'd Beyond Meat (NASDAQ:BYND) rallied another 5% as investors once again were willing to get behind the maker of meat alternatives.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 'Buy-and-Hold' Stocks to Own Forever Neither are great trading prospects headed into Tuesday's action though. Rather, the stock charts of Coty (NYSE:COTY), NiSource (NYSE:NI) and International Paper (NYSE:IP) are shaping up as better, less erratic bets. Here's a closer look. International Paper (IP)More than once since February, International Paper has hinted of a breakout effort, only to wind up bumping into a ceiling. On the flipside, IP stock has for a third time since March found technical support at a familiar level.While still technically range-bound, the pressure on the lower boundary continues to swell; meanwhile, other technical resistance levels are helping to take the pressure off of the rally efforts, guiding IP shares lower. One more misstep, in fact, could push International Paper over a proverbial cliff and open the selling floodgates. It looks as if the bears are ready to make that happen too. Click to Enlarge * The upper horizontal boundary is near $48, plotted in yellow on both stock charts. The lower floor is $43.70, plotted in blue, where IP has bottomed three times since March. * Since early April, the white 200-day moving average line has also stepped in again as resistance. Those encounters are highlights on the daily chart. * Zooming out to the weekly chart it's easy to see that the bigger-picture downtrend that began early last year is still in place, and in motion. NiSource (NI)It's likely got more to do with the broad market's weakness and the search for safety than it has to do with NiSource in particular. Nevertheless, the gains NI shares have demonstrated of late are a clue that traders are serious about rotating out of riskier names and into safer havens. Those trends, once in motion, tend to remain in motion for a while.Besides, though volatile, NiSource is in a solid long-term uptrend anyway. A little more progress from here could shove the rally into an even higher gear. * 7 Forever Stocks to Buy for Long-Term Gains Click to Enlarge * An ascending wedge pattern is plotted in yellow on both stock charts. That converging support and resistance is forcing traders to make a decision, and in this case, the 'squeeze' has thus far been bullish. * On the daily chart, NiSource is also back above a horizontal ceiling at $27.75. That line had also been support. * While choppy, the volume behind the gain since early this year has been on reliable, growing volume. Traders may have had this move planned with or without weakness developing in other sectors. Coty (COTY)Just because a stock wasn't dragged lower on Monday doesn't inherently make a bullish case for it. On the other hand, if a stock can hold its ground on a day like yesterday, it certainly doesn't hurt a bullish case. That bullish thesis is made even stronger when support at key lines is confirmed.That's how things panned out for Coty yesterday.In February, Coty stock shot higher in response to a quarterly earnings beat, and then shot higher again after JAB announced it was seeking to add to its controlling interest.That offer was a key part of the reason COTY stock stagnated until early this month. Once the deal went through, Coty shares were able to start moving, and they have … bullishly. That strength was already been taking shape though, and the bulls have held their ground in an environment when they arguably shouldn't have been able to. That persistence speaks volumes. Click to Enlarge * The purple 50-day moving average line and the blue 20-day moving average line acted as floor last week, providing a push-off point for yesterday's strength. * There was plenty of buying volume two weeks ago as well as last week, though it's likely much of that was JAB's interest. * Whatever the reason, former ceilings at $11.28 and $11.60 have both been well cleared. * There's one final, mostly psychological line in the sand. The 38.2% Fibonacci retracement line lies at $11.93. If it's hurdled as well, there's little left to hold Coty shares back.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks to Buy as the Trade War Reignites * 10 Stocks That Could Squeeze Short Sellers, Including CGC * 5 Tech Stocks Getting Crushed Compare Brokers The post 3 Big Stock Charts for Tuesday: Coty, International Paper and NiSource appeared first on InvestorPlace.
Strong brands are driving growth in Coty's (COTY) Luxury unit. Further, the company gains from prudent efforts to boost efficiency.
Coty's (COTY) Q3 results disappoint with persistent softness in the Consumer Beauty segment due to supply chain disruptions. However, the Luxury category improves on an organic basis.
The company has been grappling with supply chain problems related to the streamlining of distribution centers in Europe and the U.S., since its acquisition of about 40 beauty brands from Procter & Gamble in 2016. According to the company's own estimates, the disruptions have reduced revenue by over $150 million so far this year. Coty said it had largely resolved these issues and expected any disruptions to have a minimal impact in the current quarter.
posted weaker-than-expected third quarter earnings Wednesday but confirmed its full-year outlook and said its recent supply-chain disruptions had been addressed by its new management team. The Cover Girl and Rimmel brand maker said it posted a loss of 2 cents per share for the three months ending in March, the group's fiscal third quarter, down 80% from the same period last year and 2 cents shy of the Street consensus forecast. On an adjusted basis, Coty earned 12 cents per share, beating comparable estimates by a penny.
Coty (COTY) delivered earnings and revenue surprises of 8.33% and -2.76%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its beauty products that includes Cover Girl and Rimmel brands. The company has been struggling with supply chain issues related to streamlining of its distribution centers in Europe and the United States, since its acquisition of about 40 beauty brands from Procter & Gamble in 2016.
Coty Inc. shares fell 3.7% in premarket trade Wednesday, after the company narrowed its quarterly loss but sales still fell short of estimates. The cosmetics company said it had a net loss of $12.1 million, or 2 cents a share, in its fiscal third quarter to March 31, narrower than the $77 million loss, or 10 cents a share, posted in the year-earlier period. Adjusted per-share earnings came to 13 cents, ahead of the 12 cents FactSet consensus. Revenue fell 10.4% to $1.990 billion, below the FactSet consensus of $2.056 billion. The company said it has resolved supply constraint issues across all divisions that have weighed on earnings all year and expects them to have minimal impact in the fourth quarter. Margins shrank by 20 basis points, mostly because of the supply chain issues. "While we have achieved good profit delivery, the weak top-line result demonstrates that there is still much to be done to turnaround the business," Chief Executive Pierre Laubies said in a statement. "We must capitalize on the solid results of the Luxury and Professional Beauty divisions, and address the weakness of the Consumer Beauty division's performance via shelf productivity, product range simplification, and brand investment at scale." Shares have fallen 22.9% in the last 12 months, while the S&P 500 has gained 7.9%.