Brokers Issue Forecasts for Coty’s Q4 Earnings (NYSE:COTY)

Coty (NYSE:COTY) – Zacks Research lifted their Q4 2027 earnings per share (EPS) estimates for shares of Coty in a research note issued to investors on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the company will post earnings per share of $0.00 for the quarter, up from their previous forecast of ($0.01). The consensus estimate for Coty’s current full-year earnings is $0.31 per share. Zacks Research also issued estimates for Coty’s Q1 2028 earnings at $0.10 EPS, Q2 2028 earnings at $0.15 EPS, Q3 2028 earnings at $0.01 EPS, FY2028 earnings at $0.26 EPS and FY2029 earnings at $0.30 EPS.

Coty (NYSE:COTY) last announced its earnings results on Wednesday, August 19th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.19 billion. Coty had a negative net margin of 10.42% and a positive return on equity of 5.68%. Coty’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the firm earned ($0.05) earnings per share. Coty has set its Q1 2027 guidance at 0.110-0.130 EPS.

A number of other brokerages also recently weighed in on COTY. Royal Bank Of Canada downgraded Coty from an “outperform” rating to a “sector perform” rating and set a $3.00 target price on the stock. in a report on Thursday, August 20th. Citigroup boosted their price target on shares of Coty from $2.50 to $2.80 and gave the company a “neutral” rating in a report on Thursday, May 7th. Morgan Stanley upped their price target on shares of Coty from $2.50 to $2.75 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. The Goldman Sachs Group reiterated a “neutral” rating and set a $2.60 price objective on shares of Coty in a report on Thursday, August 20th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $3.00 price objective on shares of Coty in a research report on Friday, August 21st. Twelve research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $3.39.

Coty Stock Up 2.6%

NYSE:COTY opened at $2.92 on Thursday. The business’s fifty day moving average price is $2.59 and its 200 day moving average price is $2.35. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of -4.16, a PEG ratio of 0.55 and a beta of 0.95. The company has a current ratio of 0.75, a quick ratio of 0.42 and a debt-to-equity ratio of 0.96. Coty has a 1-year low of $1.82 and a 1-year high of $4.56.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. California State Teachers Retirement System lifted its stake in shares of Coty by 111.6% in the 2nd quarter. California State Teachers Retirement System now owns 1,146,048 shares of the company’s stock valued at $2,475,000 after purchasing an additional 604,544 shares during the last quarter. HB Wealth Management LLC acquired a new position in Coty during the second quarter worth $57,000. AlphaGrep UK Ltd acquired a new position in Coty during the second quarter worth $25,000. Three Seasons Wealth LLC raised its holdings in Coty by 17.1% during the second quarter. Three Seasons Wealth LLC now owns 91,957 shares of the company’s stock valued at $199,000 after buying an additional 13,395 shares in the last quarter. Finally, Nolet Wealth Management LLC bought a new position in Coty during the second quarter valued at about $108,000. Institutional investors own 42.36% of the company’s stock.

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.