Coty (NYSE:COTY) Receives Average Recommendation of “Reduce” from Analysts

Coty (NYSE:COTY) has earned an average rating of “Reduce” from the seventeen research firms that are currently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $3.7036.

COTY has been the topic of a number of recent analyst reports. Barclays reduced their price target on shares of Coty from $2.50 to $2.00 and set an “underweight” rating on the stock in a research report on Tuesday, April 14th. Citigroup boosted their target price on Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $8.00 price target on shares of Coty in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on Coty from $3.00 to $2.00 and set a “hold” rating for the company in a research report on Monday, March 30th. Finally, TD Cowen raised their target price on shares of Coty from $2.30 to $2.90 and gave the stock a “hold” rating in a report on Thursday, May 7th.

Institutional Investors Weigh In On Coty

Large investors have recently made changes to their positions in the stock. Tudor Investment Corp ET AL raised its stake in shares of Coty by 1,912.3% in the 3rd quarter. Tudor Investment Corp ET AL now owns 1,600,131 shares of the company’s stock valued at $6,465,000 after purchasing an additional 1,520,615 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Coty by 56.3% in the fourth quarter. Assenagon Asset Management S.A. now owns 4,508,040 shares of the company’s stock valued at $13,885,000 after purchasing an additional 1,624,114 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 buying an additional 1,101,090 shares during the period. Vanguard Group Inc. boosted its position in shares of Coty by 5.8% during the fourth quarter. Vanguard Group Inc. now owns 39,903,562 shares of the company’s stock worth $122,903,000 after buying an additional 2,199,420 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in shares of Coty by 2,291.6% during the fourth quarter. Hsbc Holdings PLC now owns 583,366 shares of the company’s stock worth $1,816,000 after buying an additional 558,974 shares in the last quarter. Institutional investors own 42.36% of the company’s stock.

Coty Trading Up 1.8%

NYSE:COTY opened at $2.75 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.49 and a debt-to-equity ratio of 0.97. Coty has a 1-year low of $1.82 and a 1-year high of $5.18. The firm has a market capitalization of $2.42 billion, a price-to-earnings ratio of -4.43, a PEG ratio of 0.78 and a beta of 0.99. The business’s 50-day moving average price is $2.11 and its two-hundred day moving average price is $2.41.

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

Coty Company Profile

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.