Coty Inc. (COTY): Aroma giant ສາມາດກະຈາຍກິ່ນຫອມໃນຕະຫຼາດໄດ້ບໍ?

  • In Q4, Coty Inc. (COTY) managed 4.41% of the perfume market.
  • Coty owns multiple fragrance brands and engages in premium and mass cosmetics. 

Can the world’s fragrance giant COTY, spread its aroma in the stock market? Founded in 1904 in France, have its headquarters in New York. It engages in the manufacturing, marketing, sales and distribution of branded beauty products with a focus on premium and mass fragrances. They operate through America, EMEA and Asia Pacific. 

Coty focuses on prestige fragrances, skin cares and cosmetics, along with mass color cosmetics, fragrances, skincare and body care. The company owns multiple well-known brands in fragrances worldwide. The list includes Bourjois, Adidas, Calvin Klein, Burberry, Chloe, David Beckhum, Davidoff, Escada, Gucci, Hugo Boss, Katy Perry Parfums, Jil Sander, Marc Jacobs, Miu Miu, Nautica, Orveda, Tiffany & Co., Vera Wang, Etc. All these brands make it a fragrance giant. 

The recent SEC filings revealed that Capital Fund Management S.A. acquired new stakes in Coty Inc. in Q3 of 2022. The institutional investor bought 420,437 shares worth approximately $2,657,000. By the end of Q4, Capital Fund Management owned 0.05% of the COTY portfolio. 

At the time of writing, it was trading at $11.58 with a slight hop of 0.61%; previous close and open were at $11.51 and $11.57, respectively. The market capital is $9.873 billion, with the volume and average volume of 3.28 million and 6.76 million shares, respectively. In comparison, the 52-week change was 57.55%. 

Source: COTY; SimplyWallST

ລາຄາ ເປົ້າ​ຫມາຍ is estimated at $11.88, with a 2.5% upside. The analyst rating for moderate buy is 2.60. The profit margin is 2.64%, the operating margin is 8.10%, and the Q4 revenue was $1.52 billion, with a drop of 3.64%. The operating expense of COTY is $801.90 million, with a gain of 4.06%. 

The EPS is $0.22, with a jump of 29.41%, and the revenue per share is $6.26. Quarterly revenue growth is negative at 3.50%. The last earning date was February 8, 2023; the estimated revenue was $1.501 billion then, and the reported revenue was $1.524 billion. This was a surprise of $22.937 million, by 1.53%. 

The weekly chart analysis shows a steep rise, rarely seen in the market. After breaking the downward-sloping trend line, the COTY price has been rising steadily. If the trend continues, it will find resistance at the $14.3 mark. To answer whether it will break clean of the R1 is a debatable topic. 

Source: COTY; TradingView

The underlying support zone is strong, and the price is supposed to consolidate above it for some time. Unless the price drops below the zone and the $9.97 mark, it can be assumed to bounce back northwards. A south run from that point could be followed by further drop. 

ປະຕິເສດ:

ທັດສະນະແລະຄວາມຄິດເຫັນທີ່ຂຽນໂດຍຜູ້ຂຽນ, ຫຼືບຸກຄົນໃດຫນຶ່ງທີ່ມີຊື່ໃນບົດຄວາມນີ້, ແມ່ນສໍາລັບຈຸດປະສົງຂໍ້ມູນເທົ່ານັ້ນແລະບໍ່ໄດ້ສ້າງຕັ້ງທາງດ້ານການເງິນ, ການລົງທຶນ, ຫຼືຄໍາແນະນໍາອື່ນໆ. ການລົງທຶນໃນຫຼືການຊື້ຂາຍຊັບສິນ crypto ມາພ້ອມກັບຄວາມສ່ຽງຂອງການສູນເສຍທາງດ້ານການເງິນ.

ຂໍ້ຄວາມຫຼ້າສຸດໂດຍ Andrew Smith (ເບິ່ງທັງຫມົດ)

Source: https://www.thecoinrepublic.com/2023/03/05/coty-inc-coty-can-the-aroma-giant-spread-scent-in-the-market/