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 $19.89, down from yesterday’s close by -0.90%. 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 $15.04 Billion. That value represents a market adjusting for revenues that have been growing by 107.21 % 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 $306.7 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.23 on a per share basis this quarter. Perhaps, that suggests something about why 0.65% of the outstanding share supply is held by institutional investors.
We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Coty Inc. recorded a 52-week high of $20.88. It is now trading 0.99% off that level. The stock is trading $17.18 its 50-day moving average by -2.71%. The stock carved out a 52-week low down at $14.24.
In recent action, Coty Inc. (COTY) has made a move of +15.44% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, 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 14.35% with $441.25 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of COTY.