Coty Inc (COTY) Given Average Recommendation of “Hold” by Brokerages

Shares of Coty Inc (NYSE:COTY) have received a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the firm, reports. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $19.42.

Several equities research analysts recently issued reports on COTY shares. Zacks Investment Research raised shares of Coty from a “sell” rating to a “hold” rating in a research note on Tuesday, October 24th. BidaskClub lowered shares of Coty from a “sell” rating to a “strong sell” rating in a research note on Thursday, October 26th. Wells Fargo & Co reaffirmed a “hold” rating and issued a $17.00 price objective on shares of Coty in a research note on Thursday, November 9th. DA Davidson lifted their price objective on shares of Coty from $17.50 to $18.00 and gave the company a “neutral” rating in a research note on Friday, November 10th. Finally, BMO Capital Markets reduced their price objective on shares of Coty from $24.00 to $22.00 and set an “outperform” rating for the company in a research note on Friday, November 10th.

In other news, major shareholder Cosmetics B.V. Jab bought 4,100,000 shares of the business’s stock in a transaction on Wednesday, February 14th. The stock was purchased at an average price of $20.60 per share, with a total value of $84,460,000.00. Following the transaction, the insider now directly owns 287,558,041 shares in the company, valued at $5,923,695,644.60. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Edgar O. Huber acquired 4,000 shares of the company’s stock in a transaction dated Monday, December 11th. The shares were bought at an average price of $17.74 per share, for a total transaction of $70,960.00. Following the acquisition, the insider now owns 163,570 shares in the company, valued at approximately $2,901,731.80. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 5,654,000 shares of company stock valued at $115,949,460. Company insiders own 1.00% of the company’s stock.

Shares of Coty (NYSE:COTY) traded down $0.24 during trading hours on Tuesday, hitting $21.19. 5,510,000 shares of the company’s stock were exchanged, compared to its average volume of 5,700,000. The firm has a market cap of $15,880.00, a price-to-earnings ratio of -23.54, a P/E/G ratio of 2.31 and a beta of 0.33. Coty has a 52 week low of $14.24 and a 52 week high of $21.68. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 0.76.

Coty (NYSE:COTY) last released its quarterly earnings data on Thursday, February 8th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.08. Coty had a negative net margin of 6.88% and a negative return on equity of 8.11%. The business had revenue of $2.64 billion during the quarter, compared to analyst estimates of $2.48 billion. During the same quarter in the previous year, the business earned $0.30 EPS. Coty’s quarterly revenue was up 14.8% compared to the same quarter last year. sell-side analysts expect that Coty will post 0.72 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.36%. The ex-dividend date of this dividend is Tuesday, February 27th. Coty’s dividend payout ratio is -55.56%.

ILLEGAL ACTIVITY NOTICE: This report was originally published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this report on another domain, it was illegally stolen and republished in violation of international copyright & trademark laws. The legal version of this report can be viewed at

About Coty

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Analyst Recommendations for Coty (NYSE:COTY)

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's FREE daily email newsletter.

Leave a Reply