|Bid||11.21 x 29200|
|Ask||11.22 x 1100|
|Day's Range||11.18 - 11.26|
|52 Week Range||5.91 - 17.58|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 7, 2019 - May 13, 2019|
|Forward Dividend & Yield||0.50 (4.35%)|
|1y Target Est||11.21|
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) notes the extension of the tender offer (the “Offer”) by Cottage Holdco B.V. (“Offeror”), an affiliate of JAB Holding Company S.à r.l. The Company has been informed by Offeror that the expiration date of the Offer has been further extended by Offeror from 5:00 P.M., New York City Time, on April 18, 2019 to 5:00 P.M., New York City Time, on April 24, 2019, subject to the further extension or earlier termination of the Offer by Offeror. Offeror has also indicated that, as of 5:00 p.m., New York City Time, on April 18, 2019, the last business day prior to the announcement of the extension of the Offer, 206,066,808 Shares had been validly tendered pursuant to the Offer and not properly withdrawn.
E.L.F. Beauty Inc. shares rose 3.2% in Tuesday trading after it was upgraded to buy from neutral at D.A. Davidson based on store checks that show the brand has added shelf space at Target Corp. . E.L.F. occupies 17% more real estate at the retail chain, becoming the number three brand ahead of CoverGirl, part of the Coty Inc. portfolio. The top Target brand is Maybelline followed by L'Oreal. D.A. Davidson analysts think the growth at Target indicates that E.L.F. will add shelf space at U.S. drugstore chains as well. In February, E.L.F. announced that it was shutting all 22 of its own stores. E.L.F. shares have soared 46.8% over the last three months, outpacing the S&P 500 index which is up 11.3% for the period.
The stock market had a really good start to 2019. To kick things off, the S&P 500 rose nearly 8% in January, its best January performance since 1987. Things didn't slow much thereafter. The S&P 500 rose 3% in February (tenth February best since 1987), and 2% in March (fifteenth best March since 1987). All in all, the S&P 500 finished the first quarter of 2019 up more than 13%. That's good enough to be the stock market's best Q1 performance in over twenty years.It goes without saying that the market's best first-quarter performance in more than two decades was accompanied by a handful of S&P 500 stocks that have staged huge year-to-date rallies. Indeed, as I've noted before, 2019 has had more breakout stocks than we've seen in years prior. That's mostly a function of two things:1) Stocks are on fire. 2) Growth is back.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBy that reasoning, growth stocks are doubly on fire! Indeed, to make the cut as one of the six best-performing S&P 500 stocks in Q1, a stock had to gain more than 50% in the quarter. No easy feat. That means through the first three months of 2019, there were six S&P 500 stocks that gained more than 50%. * 15 Stocks to Buy Leading the Financial Charge Which stocks belong in that group? Why did they stage such monster rallies? Will they keep rallying?Let's answer those questions by taking a closer look at the six best-performing S&P 500 stocks in a record first quarter for the S&P 500. Best-Performing S&P 500 Stocks of Q1: Coty (COTY)Source: Shutterstock YTD Gain: 72%How It Got Here: Global beauty giant Coty (NYSE:COTY) was the beneficiary of two big catalysts in the first quarter of 2019. First, the company reported a robust double-beat earnings report in early February that caused shares to rally in a big way. Second, just a few days thereafter, German conglomerate Jab Holding Co offered to purchases 150 million shares of Coty at a purchase price of $11.65. At the time, COTY stock was changing hands below $10. Consequently, COTY stock has since rallied closer to the proposed $11.65 purchase price.Where It's Going Next: COTY stock has more room to run higher in 2019. The stock has fallen flat over the past two months because Coty management has been reviewing the JAB tender offer. But, considering JAB is already a 40% holder of Coty stock, this offer will likely go through. Once it does, COTY stock will move higher for three reasons:1) The stock is still below the $11.65 tender offer price. 2) New money brings in new confidence. 3) The stock is still pretty cheap at just 17-forward earnings. Xerox (XRX)Source: Shutterstock YTD Gain: 67%How It Got Here: The big 2019 rally in document management systems company Xerox (NYSE:XRX) can be attributed to three things. First, there was a big selloff leading into 2019, wherein XRX stock dropped 30% in less than a month.Second, the company reported strong fourth-quarter earnings in late January 2019, which largely underscored that the 30% selloff in late 2018 was unwarranted. Third, buyout talk has kept shares on a solid uptrend ever since the strong Q4 report.Where It's Going Next: After the near 70% year-to-date rally, XRX stock is now trading at levels that are historically normal. The stock is back at a low $30s price tag, which has roughly served as a ceiling for the stock over the past five years. * 7 Breakout Stocks to Watch in 2019 Meanwhile, the valuation is at 9x forward earnings, which is essentially the norm for where this stock has traded over the past several years. As such, further upside isn't compelling. It seems XRX stock used all its firepower to get back to normal, and that there isn't much left in the tank to power further gains in 2019. Chipotle (CMG)Source: Shutterstock YTD Gain: 64%How It Got Here: The long overdue turnaround in fast-casual Mexican eatery Chipotle (NYSE:CMG) is finally here. New management came in around a year ago, and they have since flawlessly executed on some very important growth initiatives, including expanding the digital business, revamping the menu and rolling out a nationwide advertising campaign.All of these initiatives have worked. Comparable sales growth and traffic trends have improved meaningfully, and those improvements have allowed for concurrent margin improvements, too. CMG stock has consequently soared over the past year, and the rally hasn't slowed in 2019.Where It's Going Next: At this point in time, CMG stock is the most expensive restaurant stock I have ever seen, and on that basis alone, further gains in the stock seem unlikely in the near future. To be sure, the long-term fundamentals here are healthy. But, this is a very competitive space, and no company in the fast-casual business flawlessly executes for that long. Chipotle has been flawlessly executing for a year. They are due for a hiccup. When that hiccup happens, the stock will drop in a big way. Xilinx (XLNX)Source: Shutterstock YTD Gain: 52%How It Got Here: All semiconductor stocks have been in rally mode in 2019, amid broad improvements across the global semiconductor industry (demand has firmed up thanks to global economic stabilization, supply is dropping due to aggressive Q1 clearing, and trade and FX headwinds have become less severe).Among the biggest gainers in that group in 2019 has been Xilinx (NASDAQ:XLNX), mostly due to the company's robust double-beat-and-raise third-quarter earnings report at the end of January, which confirmed the aforementioned semiconductor market improvements.Where It's Going Next: It seems like all the good news is already priced into XLNX stock. To be sure, there's a lot of good news right now for semis, but at such a rich valuation (33x forward earnings), it's tough to see the stock heading meaningfully higher in the foreseeable future. * 7 Stocks From Around the World That Beat U.S. Stocks Instead, while earnings may grow over the next several quarters, today's stretched multiple will likely fall back, and that combo will lead to decent but not substantial gains in the stock. Arista Networks (ANET)Source: Shutterstock YTD Gain: 52%How It Got Here: Cloud networking giant Arista Networks (NYSE:ANET) has been on fire in 2019 ever since the company reported a beat-and-raise Q4 earnings report in mid-February.Broadly speaking, that report largely confirmed that cloud spending trends remain favorable even in a slowing global economy. The implication? The late 2018 selloff in ANET stock was way overdone. Analysts upgraded the stock. Investors bought the stock. ANET soared.Where It's Going Next: Arista is a long term winner powered by secular growth trends in cloud service adoption and spend, currently growing revenues at a 30%-plus rate, with gross margins that are healthily north of 60%. Right now, investors get all of that for just 34x forward earnings, which isn't a bad multiple for a 30%-revenue grower with broad exposure to the cloud. As such, this rally doesn't seem like it's over just yet. The multiple is stable here, and earnings will keep growing at a robust rate, so further gains in the stock seem likely through the balance of 2019. Stericycle (SRCL)Source: DaveBleasdale via FlickrYTD Gain: 52%How It Got Here: The big 2019 rally in waste removal giant Stericycle (NASDAQ:SRCL) can be chalked up to one thing: the stock simply got way too cheap in late 2018. Amid slowing economic growth concerns and a financial market meltdown, SRCL stock tumbled from $75 early in 2018, to $34 by late 2018, bringing the forward earnings multiple on the stock to 7.5 (versus a five-year average forward multiple of 19). Strong quarterly numbers in early 2019 confirmed that these late 2018 fears were overblown. The valuation has since normalized, and the stock has soared.Where It's Going Next: It looks like SRCL stock can head higher from here. This is a stable business with a large moat that is providing solutions of enduring and sustainable value. Growth going forward won't be big, but it will be stable, much like it has been for the past several years. * 8 Best Stocks to Buy for an April Rally During that stretch, SRCL stock traded at 19x forward earnings. Today, the forward multiple is around 15. Consequently, there's reason to believe the stock isn't done rallying just yet.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks From Around the World That Beat U.S. Stocks * 7 Breakout Stocks to Watch in 2019 * 5 Cheap Small-Cap Stocks to Buy Compare Brokers The post Should You Buy Q1's 6 Best-Performing S&P 500 Stocks? appeared first on InvestorPlace.
These Consumer Staples Stocks Marked Stellar Gains in Q1(Continued from Prior Part)Impressive performances The stocks of household and personal care product makers marked impressive performances in the first quarter. The majority of these stocks
NEW YORK , April 1, 2019 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
Stocks that moved substantially or traded heavily on Monday: Kellogg Co., down $1.36 to $56.02 The food company is selling its iconic Keebler cookie brand and other businesses to Ferrero for $1.3 billion. ...
NEW YORK, March 28, 2019 -- Levi & Korsinsky announces it has commenced an investigation of Coty, Inc. (“Coty” or “the Company”) (NYSE: COTY) concerning possible breaches.
Once again, the budding rebound effort was quelled. Yesterday's 0.48% setback for the S&P 500, however, somehow seems to be more problematic than it normally might be given the way the market ha's repeatedly stumbled since the beginning of the month. Investors are increasingly worried, and increasingly hedging.Cannabis company Cronos Group (NASDAQ:CRON) was one of the session's biggest losers. Though it had a minimal impact on the overall market's performance, its 10% tumble following a lackluster earnings report fanned the flames. Advanced Micro Devices (NASDAQ:AMD) took a smaller loss, but a bigger marketwide toll, losing 3.1% for no other reason than it's a volatile market barometer, and an instrument of speculation.Lululemon Athletica (NASDAQ:LULU) was at the extreme other end of the spectrum, gaining 2.3% during market hours but soaring more than 10% in after-hours action in response to an impressive fourth-quarter print. But, there weren't enough names like Lululemon to keep the broad market out if the red on Wednesday.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHeading into Thursday's trading action, stock charts of Pioneer Natural Resources (NYSE:PXD), Coty (NYSE:COTY) and Pfizer (NYSE:PFE) have earned closer looks. Here's what to note, and what may take shape next. Pfizer (PFE)In late January, we featured Pfizer as a bearish candidate. The stock had just made a lower low and lower high, and was testing support at the 200-day moving average line. * 7 Reasons to Buy Housing Stocks in 2019 PFE stock broke below that long-term moving average line that very day… for exactly one day. The day after that, it was back above the 200-day moving average line. That rebound effort found resistance in some familiar places though, ultimately pulling Pfizer shares back to the brink of a major technical stumble. And, the bulls may not be as quick to stage a rebound effort should that floor be broken for a third time. Click to Enlarge • The make-or-break line is once again the 200-day moving average line, plotted in white on both stock charts. Even a small loss from this point would leave PFE stock below it.• This potential move below the 200-day line, however, is happening in a different context than past ones. This time we've seen resistance at $43.74 cap two rebound efforts, and we're still making lower highs.• We're also approaching a so-called "death cross," where the purple 50-day moving average line is close to breaking below the white 200-day moving average.• Should the budding breakdown take shape, the most plausible landing point is the support line that tags all the major lows from late-2016 on. It's plotted in yellow on the weekly chart. Coty (COTY)Coty has been an intimidating stock to own since late February. Not one but two big bullish gaps remain in view, maintaining the prospect for a sharp pullback that will fill the gaps in.It's not an absolute rule that all gaps have to be filled in, however. This is one instance where it might not happen, particularly after seeing the bullish clues that have taken shape in the meantime. Click to Enlarge • Note the number of high-volume gains we've seen this month. The bulls have tipped their hand, several times.• Simultaneously, since hitting a ceiling in mid-February and treading water in the meantime, for the second time in two weeks Coty stock has tiptoed above the established resistance around $11.40. That's plotted in blue on both stock charts.• Should this breakout effort take hold, the potential upside target is 2017's range, between $18 and $20. Pioneer Natural Resources (PXD)Finally, most energy stocks are pushing higher, in step with a slow and uneven (but reliable) rebound in oil prices. That broad rising tide is a key part of the reason Pioneer Natural Resources is picking up steam.But, PXD stock is unique in the sense that it's one of the few oil and gas names with more room to rise in front of it than gains behind it. And, as of Wednesday, a long-awaited catalyst has been triggered with a near-perfect backdrop. Click to Enlarge • The catalyst is yesterday's close above $146.36, which had been keeping any rally efforts in check since early in the year. That ceiling is plotted in blue on both stock charts.• There's solid, and growing, bullish volume on the way up. The accumulation-distribution line on the daily chart and the Chaikin line on the weekly chart both suggest there's plenty of participation in the uptrend.• The weekly chart makes clear that Pioneer is no stranger to big swings, both up and down. And, we've just come off of a key low, with lots of room to move back up to the upper side of a long-term trading range.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 * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 3 Big Stock Charts for Thursday: Pfizer, Coty and Pioneer Natural Resources appeared first on InvestorPlace.
Amid trade wars and worries of slowing global economic growth, the S&P 500 has yet to fully recapture the loss it suffered in the fourth quarter. Last year, the worst-performing stock of the S&P 500, Coty Inc. (COTY), plunged 67%, against a 6.24% decline in the index. According to the GuruFocus All-in-One Screener, the stock then soared 72.94% year to date, making it the best performer in the index, which climbed 11.62%.
Coty (COTY) is largely benefitting from strength of its Luxury segment that accounted for about 40% of the top line in Q2. However, supply-chain hurdles continue to mar Consumer Beauty unit.
NEW YORK, March 25, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
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.