News headlines about Coty (NYSE:COTY) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Coty earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.330834514561 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern’s scoring:

Several analysts have recently commented on the company. DA Davidson assumed coverage on Coty in a research note on Tuesday, October 17th. They issued a “neutral” rating and a $17.50 target price for the company. Royal Bank of Canada restated a “hold” rating and issued a $18.00 target price on shares of Coty in a research note on Friday, October 20th. Wells Fargo & Co restated a “hold” rating and issued a $17.00 target price on shares of Coty in a research note on Thursday, November 9th. Barclays set a $20.00 target price on Coty and gave the company a “hold” rating in a research note on Saturday. Finally, Zacks Investment Research upgraded Coty from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Coty presently has a consensus rating of “Hold” and a consensus target price of $19.63.

Shares of Coty (NYSE COTY) traded up $0.69 during midday trading on Wednesday, reaching $21.25. 6,381,605 shares of the company traded hands, compared to its average volume of 5,544,858. Coty has a twelve month low of $14.24 and a twelve month high of $21.34. The company has a market cap of $15,304.61, a PE ratio of -41.67, a price-to-earnings-growth ratio of 2.07 and a beta of 0.32. The company has a debt-to-equity ratio of 0.76, a quick ratio of 0.66 and a current ratio of 0.93.

Coty (NYSE:COTY) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.08. Coty had a negative net margin of 4.15% and a positive return on equity of 4.45%. The business had revenue of $2.64 billion for the quarter, compared to analysts’ expectations of $2.48 billion. During the same quarter last year, the firm earned $0.30 EPS. The firm’s revenue for the quarter was up 14.8% compared to the same quarter last year. equities analysts predict that Coty will post 0.71 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be given a $0.125 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $0.50 annualized dividend and a yield of 2.35%. Coty’s payout ratio is -98.04%.

In other Coty news, major shareholder Cosmetics B.V. Jab purchased 2,800,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were acquired at an average price of $16.94 per share, with a total value of $47,432,000.00. Following the transaction, the insider now owns 285,008,041 shares in the company, valued at $4,828,036,214.54. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Edgar O. Huber purchased 4,000 shares of the company’s stock in a transaction that occurred on Monday, December 11th. The stock was acquired at an average cost of $17.74 per share, for a total transaction of $70,960.00. Following the transaction, the insider now owns 163,570 shares in the company, valued at approximately $2,901,731.80. The disclosure for this purchase can be found here. 1.00% of the stock is currently owned by company insiders.

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Coty Company Profile

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Insider Buying and Selling by Quarter for Coty (NYSE:COTY)

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