Thursday, February 23, 2017

U.S. Dividend Stock: Coty Inc. (COTY)

Coty Inc. (NYSE:COTY) share price jumped at US$ 19.27 before falling back to end the trade at US$ 18.84 a share. The dividend stock is -39.38% off a 52-week high stock price of US$ 31.6 but is up 5.73% since hitting the US$ 17.94.

After a -1.67% fall from previous close of US$ 19.16, Coty Inc. (COTY) has a US$ 13.93 Billion market cap. The company pays a US$ 0.125-cent-per-share quarterly dividend, giving it a 2.65% yield. That brings its full year payout to US$ 0.5. According to FT, © Thomson Reuters Click for restrictions

The COTY has soared 2.89% year-to-date. The equity has gained steam in recent weeks, with shares up about 1.16% in the past three months. It added -2.23%, climbed 0.43% and jumped -34.39% in the week, one month and six months, respectively. Revenue growth rate was recorded at 16.5% and net income per share was seen moving at a 9.1% rate in the past five years.

Coty Inc. (NYSE:COTY) is over 8% above analysts’ consensus price target of US$ 20.64. The stock has blown through analysts’ low price target of US$ 17.5, but is still below the high US$ 25 target. On a price appreciation basis over the past 12 months, the stock returned -33.33%.

Financial Times data shows, In 2016, Coty Inc reported a dividend of 0.25 USD, which represents a 25.00% increase over last year. The 5 analysts covering the company expect dividends of 0.47 USD for the upcoming fiscal year, an increase of 88.00%. The most recent short interest data show 7.66% of the company’s stock are short sold. It would take about 5.31 days to cover all short positions. In terms of volatility, it has a beta coefficient of 0.27 and technical analysis volatility indicator called Average True Range or ATR around 0.57.

Coty Inc. (NYSE:COTY) closed -18.37% below its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The stock is -0.31% below another chart threshold, its 50-day moving average and -1.6% below its 20-day simple moving average.

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U.S. Dividend Stock: Coty Inc. (COTY)

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