Coty (NYSE:COTY) Stock Rating Upgraded by Zacks Research

Coty (NYSE:COTY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Thursday, Zacks reports.

Several other brokerages have also commented on COTY. Jefferies Financial Group boosted their price target on Coty from $2.40 to $2.95 and gave the company a “buy” rating in a research note on Monday, October 19th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $3.00 price target on shares of Coty in a research note on Friday, August 21st. Citigroup lifted their price target on shares of Coty from $2.80 to $3.00 and gave the company a “neutral” rating in a research note on Wednesday, October 14th. TD Cowen assumed coverage on shares of Coty in a research report on Friday, October 30th. They set a “hold” rating for the company. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $2.60 price objective on shares of Coty in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $3.25.

Coty Stock Up 2.9%

COTY stock opened at $4.03 on Thursday. The stock has a market capitalization of $3.54 billion, a price-to-earnings ratio of -6.19, a PEG ratio of 0.67 and a beta of 0.83. The business’s fifty day moving average price is $2.94 and its two-hundred day moving average price is $2.55. Coty has a fifty-two week low of $1.82 and a fifty-two week high of $4.10. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.75 and a quick ratio of 0.42.

Coty (NYSE:COTY) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.53 billion. Coty had a negative net margin of 10.42% and a positive return on equity of 5.68%. The company’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.12 EPS. On average, equities analysts anticipate that Coty will post 0.31 earnings per share for the current year.

Hedge Funds Weigh In On Coty

Several large investors have recently modified their holdings of COTY. AlphaGrep UK Ltd purchased a new position in Coty in the second quarter valued at approximately $25,000. Moss Adams Wealth Advisors LLC acquired a new stake in shares of Coty during the third quarter worth $29,000. Gryphon Financial Partners LLC bought a new position in shares of Coty in the third quarter valued at approximately $29,000. Elmwood Wealth Management Inc. bought a new position in Coty during the 3rd quarter valued at approximately $34,000. Finally, Vise Technologies Inc. purchased a new position in shares of Coty in the third quarter valued at $36,000. Institutional investors and hedge funds own 42.36% of the company’s stock.

Key Headlines Impacting Coty

Here are the key news stories impacting Coty this week:

• Positive Sentiment: Fiscal Q1 adjusted earnings were $0.16 per share, ahead of the $0.12 consensus, while revenue of $1.56 billion also topped expectations. Coty said its core Prestige brands returned to growth, narrowing the overall sales decline. Coty reports narrower sales decline
• Positive Sentiment: Stronger cash flow and lower debt offered some support amid the turnaround, according to earnings coverage. Coty Q1 earnings coverage
• Neutral Sentiment: Management indicated it expects to complete its strategic review by the end of 2026; coverage also cited a $400 million Gucci deal. The outcome of the review remains uncertain. Strategic review and Gucci deal
• Negative Sentiment: Revenue still fell year over year and margins weakened, highlighting ongoing pressure despite the earnings beat. Coty Q1 sales and margins
• Negative Sentiment: RBC raised its price target to $3.50 but maintained a “sector perform” rating; that target is below the cited $4.03 share price. Another analysis characterized Coty as trading above estimated fair value, adding valuation concerns. RBC target update Coty fair value analysis

Coty Company Profile

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.