Coty (NYSE:COTY – Get Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as $1.95 and last traded at $1.9550, with a volume of 2896978 shares trading hands. The stock had previously closed at $2.01.
More Coty News
Here are the key news stories impacting Coty this week:
- Positive Sentiment: Coty launched Marc Jacobs Beauty, a “most-requested luxury comeback” that could support future sales in color cosmetics and strengthen its premium beauty portfolio. Article Title
- Positive Sentiment: Zacks Research raised its Q4 2026 earnings estimate for Coty, suggesting some near-term improvement in profitability expectations. Article Title
- Neutral Sentiment: Additional coverage pointed to beauty and wellness trends that could help Coty if it can capitalize on innovation and category demand, but the article was more thematic than company-specific. Article Title
- Neutral Sentiment: Market commentary noted Coty shares hit a 52-week low, reinforcing the recent weak technical backdrop. Article Title
- Negative Sentiment: Multiple law firms announced or reminded investors about a May 22 deadline to join securities-fraud class actions against Coty and certain former officers, keeping litigation risk and overhang front and center. Article Title
- Negative Sentiment: Several reports said the lawsuits allege Coty concealed deteriorating trends, expanding the time period for potential claims and adding to investor uncertainty. Article Title
- Negative Sentiment: Zacks Research cut multiple forward EPS estimates for Coty, signaling softer earnings expectations beyond the current fiscal year. Article Title
Wall Street Analyst Weigh In
Several equities research analysts have weighed in on the stock. TD Cowen raised their target price on shares of Coty from $2.30 to $2.90 and gave the company a “hold” rating in a research note on Thursday, May 7th. Morgan Stanley set a $2.50 target price on shares of Coty in a research note on Thursday, May 7th. Citigroup raised their target price on shares of Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings downgraded shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. Finally, Barclays lowered their target price on shares of Coty from $2.50 to $2.00 and set an “underweight” rating for the company in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Coty currently has an average rating of “Reduce” and a consensus price target of $3.70.
Coty Price Performance
The company has a market cap of $1.75 billion, a PE ratio of -3.20, a price-to-earnings-growth ratio of 0.46 and a beta of 1.06. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.49 and a current ratio of 0.82. The stock has a 50 day moving average of $2.21 and a 200-day moving average of $2.78.
Coty (NYSE:COTY – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business earned $0.01 EPS. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Equities analysts predict that Coty will post 0.22 earnings per share for the current year.
Insider Transactions at Coty
In other news, insider Bretten Gordon Von bought 83,000 shares of Coty stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average price of $2.41 per share, for a total transaction of $200,030.00. Following the purchase, the insider directly owned 986,620 shares of the company’s stock, valued at approximately $2,377,754.20. The trade was a 9.19% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 5.90% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Corient Private Wealth LLC lifted its position in Coty by 16.6% during the second quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock valued at $75,000 after purchasing an additional 2,286 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in Coty by 3.1% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock valued at $425,000 after purchasing an additional 3,138 shares during the period. Public Employees Retirement System of Ohio lifted its position in Coty by 3.2% during the third quarter. Public Employees Retirement System of Ohio now owns 117,781 shares of the company’s stock valued at $476,000 after purchasing an additional 3,616 shares during the period. Osaic Holdings Inc. lifted its position in Coty by 30.5% during the second quarter. Osaic Holdings Inc. now owns 15,795 shares of the company’s stock valued at $73,000 after purchasing an additional 3,689 shares during the period. Finally, Aigen Investment Management LP lifted its position in Coty by 6.1% during the fourth quarter. Aigen Investment Management LP now owns 76,048 shares of the company’s stock valued at $234,000 after purchasing an additional 4,357 shares during the period. 42.36% of the stock is currently owned by institutional investors and hedge funds.
About Coty
Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.
The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.
Further Reading
- Five stocks we like better than Coty
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Coty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty and related companies with MarketBeat.com's FREE daily email newsletter.
