COTY

Coty Inc

Consumer, Event Driven/Special Sit


Presented:03/24/2017
Price:$18.47
Cap:$13.90B
Current Price:$8.18
Cap:$7.10B

Presented

Date03/24/2017
Price$18.47
Market Cap$13.90B
Ent Value$19.40B
P/E RatioN/A
Book Value$13.11
Div Yield0.03%
Shares O/S752.40M
Ave Daily Vol5,514,093
Short Int324.48%

Current

Price$8.18
Market Cap$7.10B
Coty, Inc. manufactures and markets beauty products, fragrances, color cosmetics and skin care products. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. The Fragrances segment provides a variety of men's and women's products. The brands in the Fragrances segment provides brands associated with fashion designers, Lifestyle brands and brands associated with entertainment personalities. The Color Cosmetics segment provides lip, eye, nail and facial color products. The Skin & Body Care brands include adidas, Lancaster, philosophy and TJoy. The Brazil Acquisition segment deals with personal care and beauty business, which includes skin care, nail care, deodorants, and hair care products. Coty was founded by Francois Coty in 1904 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Coty Inc (COTY)

Highlights

The presenter is long shares of Coty (COTY), viewing the company as on the cusp of meaningful earnings accretion as it cleans up operations and executes on strategy. He believes COTY is currently in an “information blackout” stage, which combined with poor performance in recent quarters, means share price is not reflecting underlying transformations in the company. By his model, EPS can climb from $1.00 in fiscal 2018 to $1.50 in fiscal 2020.

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Idea Discussion

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