Coty (NYSE:COTY) Releases Q1 2027 Earnings Guidance

Coty (NYSE:COTY) updated its first quarter 2027 earnings guidance on Wednesday. The company provided EPS guidance of 0.110-0.130 for the period, compared to the consensus EPS estimate of 0.140. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of equities analysts have commented on COTY shares. Royal Bank Of Canada restated an “outperform” rating on shares of Coty in a research report on Tuesday. TD Cowen boosted their price target on shares of Coty from $2.30 to $2.90 and gave the stock a “hold” rating in a research note on Thursday, May 7th. Weiss Ratings reissued a “sell (e+)” rating on shares of Coty in a report on Friday, August 7th. Morgan Stanley set a $2.50 price objective on shares of Coty in a research report on Thursday, May 7th. Finally, Citigroup lifted their price objective on Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $3.70.

Coty Trading Up 11.1%

COTY traded up $0.30 during midday trading on Wednesday, reaching $3.04. 15,382,669 shares of the company were exchanged, compared to its average volume of 9,721,886. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.49 and a current ratio of 0.82. Coty has a one year low of $1.82 and a one year high of $4.93. The stock has a market capitalization of $2.68 billion, a P/E ratio of -4.91, a PEG ratio of 0.82 and a beta of 0.97. The stock’s 50-day simple moving average is $2.41 and its 200 day simple moving average is $2.36.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Credit Agricole S A purchased a new stake in shares of Coty in the third quarter valued at about $63,824,000. Two Sigma Investments LP grew its holdings in Coty by 793.5% during the 3rd quarter. Two Sigma Investments LP now owns 4,401,554 shares of the company’s stock valued at $17,782,000 after buying an additional 3,908,955 shares during the last quarter. Squarepoint Ops LLC acquired a new position in Coty in the 2nd quarter valued at about $15,829,000. Qube Research & Technologies Ltd acquired a new position in Coty in the 2nd quarter valued at $11,015,000. Finally, Man Group plc increased its stake in Coty by 62.1% in the second quarter. Man Group plc now owns 5,978,817 shares of the company’s stock valued at $27,801,000 after purchasing an additional 2,289,649 shares during the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

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.