Coty (COTY) – What Are Analysts Thinking About This Stock?

Coty (NYSE:COTY – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the thirteen analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have covered the stock in the last year is $3.21.

Several equities analysts have commented on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $2.60 price target on shares of Coty in a research note on Thursday, August 20th. Royal Bank Of Canada cut shares of Coty from an “outperform” rating to a “sector perform” rating and set a $3.00 target price for the company. in a report on Thursday, August 20th. Jefferies Financial Group increased their target price on shares of Coty from $2.40 to $2.95 and gave the company a “buy” rating in a research report on Monday, October 19th. Morgan Stanley lifted their price target on shares of Coty from $2.50 to $2.75 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. Finally, Citigroup lifted their price target on shares of Coty from $2.80 to $3.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 14th.

Check Out Our Latest Stock Analysis on COTY

Coty Stock Performance

Shares of COTY stock opened at $3.23 on Friday. The company has a market cap of $2.85 billion, a P/E ratio of -4.62, a PEG ratio of 0.62 and a beta of 0.90. The firm has a fifty day moving average price of $2.81 and a 200 day moving average price of $2.48. The company has a current ratio of 0.75, a quick ratio of 0.42 and a debt-to-equity ratio of 0.96. Coty has a 12 month low of $1.82 and a 12 month high of $4.18.

Coty (NYSE:COTY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Coty had a positive return on equity of 5.68% and a negative net margin of 10.42%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the firm earned ($0.05) earnings per share. Coty has set its Q1 2027 guidance at 0.110-0.130 EPS. Sell-side analysts predict that Coty will post 0.31 earnings per share for the current fiscal year.

Institutional Trading of Coty

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Citizens Financial Group Inc. RI boosted its position in shares of Coty by 38.6% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 18,170 shares of the company’s stock valued at $47,000 after purchasing an additional 5,059 shares during the period. Nisa Investment Advisors LLC increased its position in Coty by 32.6% during the third quarter. Nisa Investment Advisors LLC now owns 23,067 shares of the company’s stock worth $60,000 after buying an additional 5,668 shares during the period. Abel Hall LLC increased its position in Coty by 11.5% during the third quarter. Abel Hall LLC now owns 84,937 shares of the company’s stock worth $222,000 after buying an additional 8,785 shares during the period. Elmwood Wealth Management Inc. purchased a new stake in Coty in the third quarter valued at approximately $34,000. Finally, WINTON GROUP Ltd purchased a new stake in Coty in the second quarter valued at approximately $48,000. Institutional investors and hedge funds own 42.36% of the company’s stock.

Coty Company Profile

(Get Free Report)

Coty Inc is a global beauty company that develops, manufactures and markets fragrances, cosmetics, skin care and body-care products. Its portfolio includes luxury, prestige and mass-market brands, with products sold through department stores, specialty retailers, e-commerce platforms and other distribution channels.

The company’s brands have included CoverGirl, Rimmel London, Max Factor, Bourjois, Gucci Beauty, Calvin Klein, Marc Jacobs, Burberry, Hugo Boss and Chloé, among others. Coty also participates in professional beauty through hair-care and salon brands, including the Wella portfolio.

Founded in Paris in 1904 by François Coty, the company built its early reputation in fragrance before expanding into broader beauty categories and international markets.

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Analyst Recommendations for Coty (NYSE:COTY)

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