37 thoughts on “🏴‍☠️ COTY USD (COTY-USD)”

  1. #COTY is “In Play”

    Coty Fourth Quarter Earnings Preview:

    – Coty (COTY) will report fourth quarter earnings tomorrow before the open There is a conference call scheduled for 8:00 ET.

    – Q4 Capital IQ consensus calls for EPS of $0.16 (+14% yr/yr) on revenue of $2.114 bln (-8% yr/yr).

    – The company is expected to guide for FY20 where Capital IQ consensus calls for EPS of $0.68 (+6% yr/yr) and revenues of $8.48 bln (-1.9% yr/yr).

    – Last month, COTY announced a turnaround plan. Coty expects to move from the current organizational structure into regional commercial teams in Europe, Middle East & Africa, Americas & Asia Pacific, and brand marketing units for Luxury and Consumer Beauty. Coty is targeting the following for Fiscal Year 2023, assuming net revenues will remain similar in total to that of Fiscal Year 2019. As part of these financial targets, Coty expects the following for Fiscal Year 2020 (vs. Fiscal Year 2019): Moderating decline in net revenues; Constant currency adjusted operating income up 5% to 10%; and Moderate free cash flow improvement.

    – The company beat on EPS the last four quarters, but only beat on revenues once in the last four quarters. COTY shares fell over 5% following a Q3 revenue miss. Q3 adjusted gross margin of 62.9% decreased by 140 bps, as margin expansion in Luxury and Professional Beauty was more than offset by margin contraction in Consumer Beauty.

    – COTY has a $6.6 bln valuation and trades at 13x FY20 earnings, 13x, a discount to all of its publicly traded and profitable beauty peers

    – Based on the weekly COTY Aug30 $8.50 straddle, the options market is currently pricing in a move of ~11% in either direction by weekly expiration (Friday).

    – On a positive report, look for resistance near the $9.00-9.15 area, while support sits near the $8.40-8.50.

  2. COTY is “In Play”

    Coty to explore strategic alternatives for Professional Beauty business and associated hair brands:

    The co announced that as part of its ongoing strategic review of its business, management and the Board of Directors have determined that moving forward the Company will focus more intently on its fragrance, cosmetics and skin care businesses. As a result, Coty is launching a process to explore strategic alternatives for its Professional Beauty business and associated hair brands, as well as the company”s Brazilian operations, including a divesture. The Company expects that the proceeds from any potential transaction will be used to pay down debt and return excess cash directly to shareholders.

    Upon completion of the potential divestiture, the Company expects to reduce financial leverage with a resulting pro forma target leverage ratio of approximately 3x net debt to EBITDA. There is no change to Coty”s medium-term guidance of an operating margin of between 14% and 16% by fiscal 2023.

    Acquired COTY USD (COTY-USD). via ROBINHOOD at approximately 10.61. (Shares: 1) bringing the Average Price Paid (APP) to about 10.61.

    https://www.facebook.com/groups/493863300973045/permalink/866934260332612/

  3. Converted 100% of the COTY USD (COTY-USD). Investment Money via ROBINHOOD at approximately 11.52. (Shares: 3) generating about +‭‭9.4017094017094017094017094017094‬% of NEW Commission FREE Cash Reserve.

    Converted 100% of the COTY USD (COTY-USD). Trade Money via ROBINHOOD at approximately 11.52. (Shares: 1) generating about +‭‭8.5768143261074458058435438265787‬% of NEW Commission FREE Cash Reserve.

    Acquired COTY USD (COTY-USD). via ROBINHOOD at approximately 11.87. (Shares: 1) bringing the Average Price Paid (APP) to about 11.87.

    https://www.facebook.com/groups/493863300973045/permalink/866934260332612/

  4. COTY IS IN PLAY

    Coty and Kylie Jenner announce strategic partnership, Coty will acquire a 51% ownership in the partnership for $600 mln

    The co and Kylie Jenner announced today that they have entered into a long-term strategic partnership in order to jointly build and further develop Kylie”s existing beauty business into a global powerhouse brand. Together, Coty and Kylie will set and lead the strategic direction of the partnership, focusing on global expansion and entry into new beauty categories. Kylie and her team will continue to lead all creative efforts in terms of product and communications initiatives, building on her unrivalled global reach capabilities through social media.

    Under the terms of the agreement, Coty will acquire a 51% ownership in the partnership for $600M. Coty expects the transaction will be accretive to the net revenue growth of its core fragrance, cosmetics and skin care portfolio by more than 1% p.a. over the next three years. The transaction is expected to be neutral to Coty”s earnings per share (EPS) in year one, and accretive thereafter. The ROIC of the transaction is expected to exceed Coty”s cost of capital by Fiscal 2023. Kylie Cosmetics realized an estimated $177M net revenues for the trailing twelve months (TTM).

    Adjusted Multiplier to 12. from 1.

    Adjusted Buy Stop to 11.60. from 12.35.

    Acquired at approximately 12.35. (Shares: 1) bringing the Average Price Paid (APP) to about 12.35.

    https://www.facebook.com/groups/493863300973045/permalink/866934260332612/

  5. #COTY IS IN PLAY

    If you like to make money, then do what I do; not what I say

    Adjusted Multiplier to 158.212625. from 174.000000.

    Adjusted Buy Stop to 6.32. from 5.72.

    Adjusted Sell Stop to 5.90. from ASSESSING.

    Acquired at approximately 5.72. (Shares: 174.000000) bringing the Average Price Paid (APP) to about 5.72.

    Transferred 100% of Trade Money to Investment Money (Shares: 174.000000) bringing the Average Price Paid (APP) to about 5.72.

    Converted 100% of Investment/Trade Money at approximately ASSESSING. (Shares: ASSESSING) generating about +ASSESSING% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/?post_id=866934260332612

  6. #COTY IS IN PLAY

    If you like to make money, then do what I do; not what I say

    Adjusted Multiplier to 184.412082. from 158.212625.

    Adjusted Buy Stop to 5.36. from 6.32.

    Adjusted Sell Stop to ASSESSING. from 5.90.

    Acquired at approximately ASSESSING. (Shares: ASSESSING) bringing the Average Price Paid (APP) to about ASSESSING.

    Transferred 100% of Trade Money to Investment Money (Shares: ASSESSING) bringing the Average Price Paid (APP) to about ASSESSING.

    Converted 100% of Investment/Trade Money at approximately 5.90. (Shares: 174.000000) generating about +3.15% of NEW Commission FREE Cash Reserve.

    https://www.facebook.com/groups/493863300973045/?post_id=866934260332612

  7. #COTY IS IN PLAY

    Multiplier (X) to 209.142081. from 248.890850.

    Buy Stop Limit (BSL) to 4.78. from 4.02.

    Sell Stop Limit (SSL) to 4.41. from ASSESSING.

    Converted Cash Reserve (CR) to Trade (T) at approximately 4.02. (Share: 248) bringing the Average Price Paid (APP) to about 4.31.

    Converted Trade (T) to Investment (I) (Share: 692) bringing the Average Price Paid (APP) to about 4.31.

    Just to reiterate, I placed the following order(s):
    + Buy 209. Shares @ 4.78; Limit: 4.78. & Stop: 4.77.
    – Sell 692. Shares @ 4.41; Limit 4.41. & Stop: 4.42.

    https://www.facebook.com/groups/493863300973045/?post_id=866934260332612

  8. #COTY IS IN PLAY

    Multiplier (X) to 198.025143. from 209.142081.

    Buy Stop Limit (BSL) to 5.05. from 4.78.

    Sell Stop Limit (SSL) to ASSESSING. from 4.41.

    Converted Cash Reserve (CR) to Trade (T) at approximately 4.78. (Share: 209) bringing the Average Price Paid (APP) to about 4.78.

    Converted Investment (I) to Cash Reserve (CR) at approximately 4.41. (Share: 692) generating about +2.32% ROI (Return on Investment).

    Just to reiterate, I placed the following order(s):
    + Buy 198. Shares @ 5.05; Limit: 5.05. & Stop: 5.04.

    https://www.facebook.com/groups/493863300973045/?post_id=866934260332612

  9. #COTY IS IN PLAY

    Multiplier (X) to 12.882580. from 299.434504.

    Buy Stop Limit (BSL) to 7.35. from 3.34.

    Sell Stop Limit (SSL) to 6.94. from ASSESSING.

    Converted Cash Reserve (CR) to Trade (T) at approximately 3.34. (Share: 299) bringing the Average Price Paid (APP) to about 4.1339.

    Converted Trade (T) to Investment (I) (Share: 966) bringing the Average Price Paid (APP) to about 4.1339.

    Just to reiterate, I placed the following order(s):
    + Buy 12. Shares @ Limit Price: 7.35.
    + Sell 966. Shares @ Limit Price: 6.94.

    https://www.facebook.com/groups/493863300973045/permalink/866934260332612

  10. #COTY IS IN PLAY

    Multiplier (X) to 142.577616. from 12.882580.

    Buy Stop Limit (BSL) to 6.80. from 7.35.

    Sell Stop Limit (SSL) to XIIMM. from 6.94.

    Converted Cash Reserve (CR) to Trade (T) at approximately 7.35. (Share: 12) bringing the Average Price Paid (APP) to about 7.35.

    Converted Investment (I) to Cash Reserve (CR) at approximately 6.94. (Share: 966) generating about +67.88% ROI (Return on Investment).

    Just to reiterate, I placed the following order(s):
    + Buy 142. Shares @ Limit Price: 6.80.

    Data:
    http://xiimm.net/collective/2021/01/04/coty-usd-coty-usd/

    Graphics:
    http://xiimm.net/collective/coty/

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