TD Cowen Cuts Coty (NYSE:COTY) Price Target to $3.40

Coty (NYSE:COTY) had its price objective reduced by TD Cowen from $3.50 to $3.40 in a research note issued to investors on Wednesday morning,Benzinga reports. TD Cowen currently has a hold rating on the stock.

Other research analysts have also recently issued reports about the stock. Rothschild & Co Redburn assumed coverage on shares of Coty in a report on Tuesday, November 25th. They set a “neutral” rating and a $3.60 price objective for the company. Wall Street Zen upgraded shares of Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Jefferies Financial Group initiated coverage on Coty in a research note on Wednesday, January 14th. They issued a “buy” rating and a $3.50 price target on the stock. Weiss Ratings reiterated a “sell (d)” rating on shares of Coty in a research report on Wednesday, October 8th. Finally, Citigroup lowered their target price on Coty from $4.25 to $3.50 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Coty currently has a consensus rating of “Reduce” and a consensus target price of $5.23.

Coty Trading Up 2.0%

Shares of NYSE:COTY opened at $3.37 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.54. Coty has a 1 year low of $2.94 and a 1 year high of $7.71. The company has a market cap of $2.94 billion, a P/E ratio of -7.32, a PEG ratio of 0.23 and a beta of 0.96. The stock’s fifty day moving average price is $3.22 and its 200-day moving average price is $3.96.

Coty (NYSE:COTY) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.03). Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the business posted $0.15 earnings per share. Coty’s quarterly revenue was down 5.6% compared to the same quarter last year. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. Sell-side analysts expect that Coty will post 0.39 earnings per share for the current year.

Institutional Trading of Coty

A number of hedge funds and other institutional investors have recently bought and sold shares of COTY. Royal Bank of Canada lifted its position in shares of Coty by 8.2% during the 1st quarter. Royal Bank of Canada now owns 128,451 shares of the company’s stock valued at $702,000 after buying an additional 9,700 shares in the last quarter. United Services Automobile Association bought a new stake in Coty during the 1st quarter worth approximately $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Coty by 7.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,298,221 shares of the company’s stock valued at $7,101,000 after purchasing an additional 86,534 shares in the last quarter. Focus Partners Wealth purchased a new position in Coty during the first quarter valued at approximately $73,000. Finally, UMB Bank n.a. boosted its position in shares of Coty by 137.1% in the second 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. Hedge funds and other institutional investors 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.