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How to Buy Coty Stock

Coty Inc

Coty is a household & personal product company located in New York, United States, which is part of the Consumer Defensive sector, and is traded under the ticker COTY on the NYSE exchange.

Coty stock last closed at $10.07, down 0.59% from the previous day, and has decreased 18.59% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.13 percentage points. Coty stock is currently +11.7% from its 52-week low of $9.02, and -24.29% from its 52-week high of $13.30.

As of Jul 17, 2024, there are 867.84M shares of COTY outstanding. The market capitalization of COTY is $8.74B. In the last 24 hours, 3.91M COTY shares were traded.

How to Buy Coty Stock

Not sure how to invest in Coty stock? Here's how.
  1. Decide where to buy Coty stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Coty stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Select your payment method and add your details.
  4. Research Coty stock: The Coty ticker symbol is COTY. Is Coty stock a good investment? Should you buy shares of COTY? How do COTY's underlying business fundamentals look? Do top analysts think Coty is a good buy? Why has COTY's stock price moved recently? (Hint: Our stock research tools can help you evaluate if COTY is a good stock to buy).
  5. Execute your COTY buy order: Decide if you will purchase COTY shares at the current market price or use a limit order to buy COTY shares at a specific price.
  6. Watch your COTY investment: Create a watchlist to track your new investment in Coty shares.

Step 1: Decide where to buy Coty stock

You will need an online brokerage account to access the NYSE market and buy COTY shares.

A brokerage account allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to invest in COTY stock today.

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Step 3: Put funds into your investment account

Now that you have finished signing up on the best free stock trading app, your next step is to transfer the money for your investment:

Watch the video below for more details transferring funds into your new brokerage account.

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Step 4: Research Coty stock

After you have identified the best place to buy Coty stock, it's critical to evaluate their stock before you buy, so you truly wrap your head around the risk as well as the opportunity.

Coty stock at a glance

COTY Price
$10.07
1w %
2.03%
1y %
-18.59%
5y %
-8.87%
P/E
43.78x
P/B
2.19x
P/S
1.46x
PEG
1.02x
Revenue
$6.11B
Earnings
$206.00M
Fore. Rev. Growth
5.24%
Fore. Earn. Growth
42.87%
Market Cap
$8.74B
Next Earnings
Aug 20, 2024
Next Dividend
N/A

Fundamentals of Coty

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on COTY's stock page.

Is COTY stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge COTY's true value.

Using relative valuations methods:

  • COTY could be overvalued based on its P/E ratio of 43.78x, relative to Household & Personal Products industry P/E ratio of 16.06x
  • COTY could be undervalued based on its P/B ratio of 2.19x, relative to Household & Personal Products industry P/B ratio of 7.7x
  • COTY could be overvalued based on its PEG ratio of 1.02x

You can do more valuation analysis on COTY's stock here.

COTY Financials at a glance

Cons:

  • There are more long-term liabilities than short-term assets on the COTY balance sheet.
  • COTY's operating cash flow of $543.00M allows it to safely service it's debt of $4.20B.
  • COTY earnings of $631.90M is not enough to cover its interest payments.
  • Total COTY debt is higher than 5 years ago, relative to shareholder equity.
  • COTY profit margin of X% has stayed the same in the past year.
  • COTY has a relatively high debt to equity ratio of 1.98.
  • There are more short-term liabilities than short-term assets on the COTY balance sheet.

Is Coty stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 9 Wall Street analysts who track COTY, the consensus analyst rating on COTY is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

Most Recent COTY Analyst Ratings

Oliver Chen, a bottom 4% analyst from TD Cowen maintains COTY with a strong buy rating and lowers their COTY price target from $16.00 to $13.00, on Apr 17, 2024.

Susan Anderson, a top 6% analyst from Canaccord Genuity initiates coverage on COTY with a strong buy rating and announces their COTY price target of $14.00, on Apr 15, 2024.

Lauren Lieberman, a top 28% analyst from Barclays maintains COTY with a hold rating and lowers their COTY price target from $13.00 to $12.00, on Apr 12, 2024.

Nik Modi, a bottom 2% analyst from RBC Capital reiterates COTY with a buy rating and maintains their COTY price target from $14.00 to $14.00, on Feb 9, 2024.

You can dig deeper into what analysts are forecasting on the Coty stock forecast page.

Metrics for Advanced COTY Traders

SMA10
10.02
SMA20
9.98
SMA50
10.28
SMA100
11.05
SMA200
11.15
MACD
-0.03
MACD Signal
-0.08
MACD Histogram
0.06
RSI
49.37
Stochastic %K
53.88
Stochastic %D
66.98
StochRSI %K
61.35
StochRSI %D
76.37

COTY Growth Metrics

Last year, COTY earnings were $206.00M. In the last 2 year, COTY's earnings have grown by 28.17% per year. This was faster than the Household & Personal Products industry average of 1.83%.

Last year, COTY revenue was $6.11B. In the last 5 year, COTY's revenue has gone up by -0.55% per year. This was slower than the Household & Personal Products industry average of 4.58%.

Find out more about COTY's earnings and revenue performance here.

What are COTY insiders up to?

In the past 12 months, executives and large shareholders at COTY have bought more shares than they have sold.

Robert S. Singer, Director of COTY, was the latest COTY insider to sell. They sold $254,360.00 worth of COTY stock on Mar 6, 2024.

Dig into more about who owns COTY stock here.

Can I get consistent income from COTY stock?

No, Coty doesn't provide an income stream by paying out dividends.

COTY Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Execute your COTY buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, use a limit order.

Press the Open button and your broker will place the order.

If you want more assistance buying stocks on eToro, click the how to video below:

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Step 6: Watch your COTY investment

Now that you own some COTY stock, you'll want to keep up with your new stock purchase.

Create a watchlist to get the latest updates about your COTY stock.

COTY Feed

How to Buy Stock in Coty

To summarize, here are the 6 steps to buy Coty stock:

  1. Decide where to buy Coty stock
  2. Create a brokerage account
  3. Put funds into your investment account
  4. Research Coty stock
  5. Execute your COTY buy order
  6. Watch your COTY investment

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to monitor your new investment in Coty, click the button below.

NYSE: COTY
$10.07-0.06 (-0.59%)
Updated Jul 17, 2024
Open eToro Account
NYSE: COTY
$10.07-0.06 (-0.59%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coty share?

As of Jul 17, 2024, it costs $10.07 to buy one share of Coty stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.497 shares of COTY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Coty stock?

According to 9 Wall Street analysts who monitor Coty, their consensus recommendation is to buy Coty stock.

What is the best way to buy Coty stock?

One way to place an order for Coty stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.