Royal Bank Of Canada reiterated their outperform rating on shares of Coty (NYSE:COTY – Free Report) in a report published on Tuesday morning,Benzinga reports. They currently have a $10.00 target price on the stock.
COTY has been the subject of a number of other reports. Rothschild & Co Redburn assumed coverage on Coty in a report on Tuesday, November 25th. They issued a “neutral” rating and a $3.60 price target for the company. Jefferies Financial Group began coverage on shares of Coty in a research note on Wednesday, January 14th. They issued a “buy” rating and a $3.50 target price for the company. Canaccord Genuity Group set a $3.50 price target on shares of Coty in a research note on Monday. Weiss Ratings restated a “sell (d)” rating on shares of Coty in a research report on Wednesday, January 21st. Finally, Redburn Partners set a $3.60 price objective on Coty in a report on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $4.82.
Read Our Latest Report on COTY
Coty Stock Performance
Coty (NYSE:COTY – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter last year, the company earned $0.11 earnings per share. The firm’s revenue was up .5% on a year-over-year basis. On average, equities analysts forecast that Coty will post 0.39 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Coty
Institutional investors have recently made changes to their positions in the stock. Robeco Institutional Asset Management B.V. acquired a new position in Coty in the fourth quarter valued at about $32,000. Cornerstone Wealth Management LLC acquired a new position in shares of Coty during the 4th quarter worth about $37,000. North Dakota State Investment Board bought a new stake in shares of Coty in the 4th quarter valued at about $37,000. Objective Capital Management LLC acquired a new stake in shares of Coty in the 4th quarter valued at approximately $43,000. Finally, United Capital Financial Advisors LLC bought a new position in Coty during the 3rd quarter worth approximately $43,000. 42.36% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Coty
Here are the key news stories impacting Coty this week:
- Positive Sentiment: Royal Bank of Canada reiterated an “Outperform” rating, which supports buy-side interest and provides a counterweight to today’s weak results. Royal Bank Of Canada Reiterates Outperform
- Positive Sentiment: Coty announced a companywide partnership with OpenAI to scale AI tools across its operations — a strategic, modernization move that investors may view as value-enhancing over the medium term. Coty Inc. Partners With OpenAI
- Neutral Sentiment: The company filed its Form 10-Q for the quarter (standard regulatory disclosure); the filing confirms reported results and provides detail for investors doing deeper analysis. Coty Files 10-Q
- Neutral Sentiment: Unusual options activity showed a large rise in call buying the day before earnings (10,652 calls), suggesting some speculative bullish positioning despite mixed fundamentals. Earnings Outlook / Options Flow
- Negative Sentiment: Q2 results missed EPS expectations: reported $0.14 vs. consensus $0.18, which is a clear near‑term disappointment for traders. Coty Q2 Earnings Lag Estimates
- Negative Sentiment: Coty swung to a GAAP loss of $126.9M in the quarter (from a prior‑year profit), and the company withdrew its full‑year guidance—both developments increase uncertainty and likely drove selling pressure. Coty Swings to Loss, Withdraws Guidance
- Negative Sentiment: Interim CEO Markus Strobel announced a refocus on core brands and tighter execution — while potentially positive long term, the shift signals near‑term restructuring risk and cost actions that can pressure results before benefits appear. Coty Shifts Focus Under New CEO
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.
Featured Articles
- Five stocks we like better than Coty
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- When to buy gold (mathematically)
- NEW LAW: Congress Approves Setup For Digital Dollar?
- EXPOSED: The “29% Account”
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
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.
