Coty (NYSE:COTY – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.52 and last traded at $3.5250, with a volume of 1009143 shares changing hands. The stock had previously closed at $3.63.
Analyst Upgrades and Downgrades
COTY has been the topic of several recent research reports. The Goldman Sachs Group decreased their price objective on Coty from $6.00 to $4.50 and set a “neutral” rating on the stock in a research note on Friday, August 22nd. Cowen reiterated a “hold” rating on shares of Coty in a research note on Friday, August 22nd. Wells Fargo & Company decreased their target price on Coty from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research note on Friday, August 22nd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Coty from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, August 21st. Finally, Evercore ISI cut their target price on shares of Coty from $10.00 to $7.00 and set an “outperform” rating for the company in a research note on Thursday, August 21st. Three equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Coty presently has a consensus rating of “Reduce” and an average price target of $5.63.
View Our Latest Analysis on Coty
Coty Stock Performance
Coty (NYSE:COTY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The business had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.58 billion. During the same period in the previous year, the business earned $0.15 EPS. The firm’s revenue for the quarter was down 5.6% compared to the same quarter last year. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. On average, research analysts predict that Coty will post 0.39 earnings per share for the current year.
Insiders Place Their Bets
In related news, CEO Sue Nabi purchased 260,000 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was acquired at an average cost of $3.92 per share, for a total transaction of $1,019,200.00. Following the completion of the transaction, the chief executive officer directly owned 32,127,286 shares in the company, valued at approximately $125,938,961.12. The trade was a 0.82% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Laurent Mercier acquired 12,500 shares of the firm’s stock in a transaction on Monday, August 25th. The stock was bought at an average price of $3.96 per share, with a total value of $49,500.00. Following the purchase, the chief financial officer directly owned 402,216 shares of the company’s stock, valued at $1,592,775.36. This represents a 3.21% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 334,900 shares of company stock valued at $1,321,840 over the last 90 days. Company insiders own 5.90% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of COTY. UMB Bank n.a. grew its stake in shares of Coty by 137.1% during the 2nd quarter. UMB Bank n.a. now owns 6,851 shares of the company’s stock worth $32,000 after purchasing an additional 3,962 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in Coty by 1,006.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 7,304 shares of the company’s stock valued at $40,000 after buying an additional 6,644 shares in the last quarter. Shay Capital LLC acquired a new stake in shares of Coty during the 2nd quarter valued at approximately $46,000. Amplius Wealth Advisors LLC acquired a new stake in shares of Coty in the 3rd quarter worth approximately $47,000. Finally, FORA Capital LLC acquired a new position in Coty during the second quarter worth $47,000. Institutional investors and hedge funds own 42.36% of the company’s stock.
About Coty
Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.
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