Coty (NYSE:COTY) Receives $3.70 Consensus PT from Analysts

Shares of Coty (NYSE:COTY) have earned a consensus rating of “Reduce” from the seventeen analysts that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell recommendation, thirteen have given a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $3.7036.

COTY has been the subject of a number of research analyst reports. Weiss Ratings cut Coty from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Morgan Stanley set a $2.50 price target on Coty in a report on Thursday, May 7th. TD Cowen boosted their price objective on Coty from $2.30 to $2.90 and gave the stock a “hold” rating in a report on Thursday, May 7th. Royal Bank Of Canada restated an “outperform” rating and set a $8.00 price objective on shares of Coty in a report on Monday, May 4th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Coty from $3.00 to $2.00 and set a “hold” rating for the company in a report on Monday, March 30th.

Institutional Investors Weigh In On Coty

Institutional investors have recently made changes to their positions in the company. Tudor Investment Corp ET AL boosted its holdings in shares of Coty by 1,912.3% during the third quarter. Tudor Investment Corp ET AL now owns 1,600,131 shares of the company’s stock worth $6,465,000 after acquiring an additional 1,520,615 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Coty by 2.6% during the third quarter. Vanguard Group Inc. now owns 37,704,142 shares of the company’s stock worth $152,325,000 after acquiring an additional 964,040 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Coty by 56.3% during the fourth quarter. Assenagon Asset Management S.A. now owns 4,508,040 shares of the company’s stock worth $13,885,000 after acquiring an additional 1,624,114 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Coty by 100.3% during the third quarter. JPMorgan Chase & Co. now owns 2,198,397 shares of the company’s stock worth $8,882,000 after acquiring an additional 1,101,090 shares during the period. Finally, Norges Bank bought a new stake in shares of Coty during the fourth quarter worth approximately $41,867,000. Institutional investors own 42.36% of the company’s stock.

Coty Trading Down 0.3%

Coty stock opened at $1.92 on Monday. Coty has a 52 week low of $1.84 and a 52 week high of $5.33. 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 market capitalization of $1.69 billion, a P/E ratio of -3.09, a PEG ratio of 0.45 and a beta of 1.01. The stock has a 50-day simple moving average of $2.14 and a 200 day simple moving average of $2.52.

Coty (NYSE:COTY) last posted its quarterly earnings results on Tuesday, May 5th. The company reported ($0.03) EPS for the quarter. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the business posted $0.01 EPS. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Analysts expect that Coty will post 0.22 earnings per share for the current year.

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.