Coty Inc. (NYSE:COTY) Expected to Post FY2025 Earnings of $0.42 Per Share

Coty Inc. (NYSE:COTYGet Rating) – Equities research analysts at Zacks Research issued their FY2025 earnings per share estimates for shares of Coty in a research note issued to investors on Wednesday, September 7th. Zacks Research analyst V. Bagree expects that the company will post earnings per share of $0.42 for the year. The consensus estimate for Coty’s current full-year earnings is $0.31 per share.

Several other equities analysts have also weighed in on COTY. Piper Sandler initiated coverage on Coty in a research note on Thursday, June 30th. They issued a “neutral” rating and a $8.00 price objective on the stock. Wells Fargo & Company lifted their price objective on Coty from $7.00 to $8.00 and gave the company an “equal weight” rating in a research note on Friday, August 26th. StockNews.com lowered Coty from a “buy” rating to a “hold” rating in a research note on Friday, August 26th. DA Davidson lifted their price objective on Coty from $10.25 to $10.50 and gave the company a “buy” rating in a research note on Monday, August 29th. Finally, Raymond James reduced their price objective on Coty from $11.00 to $10.00 and set an “outperform” rating on the stock in a research note on Monday, August 15th. Five analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Coty presently has an average rating of “Moderate Buy” and a consensus price target of $10.35.

Coty Stock Up 6.1 %

Shares of NYSE:COTY opened at $7.86 on Friday. The stock’s 50-day moving average price is $7.60 and its two-hundred day moving average price is $7.77. The company has a current ratio of 0.66, a quick ratio of 0.40 and a debt-to-equity ratio of 1.32. Coty has a 12-month low of $5.90 and a 12-month high of $11.12. The firm has a market cap of $6.60 billion, a price-to-earnings ratio of 98.26 and a beta of 1.94.

Coty (NYSE:COTYGet Rating) last issued its quarterly earnings results on Thursday, August 25th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). Coty had a return on equity of 8.41% and a net margin of 2.45%. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the company earned ($0.09) EPS. The firm’s quarterly revenue was up 9.9% on a year-over-year basis.

Institutional Investors Weigh In On Coty

Several hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its holdings in shares of Coty by 20.0% during the 1st quarter. BlackRock Inc. now owns 46,632,257 shares of the company’s stock valued at $419,223,000 after buying an additional 7,760,564 shares during the period. Vanguard Group Inc. increased its holdings in Coty by 13.3% during the 1st quarter. Vanguard Group Inc. now owns 34,950,784 shares of the company’s stock worth $314,208,000 after purchasing an additional 4,092,581 shares during the last quarter. Clearbridge Investments LLC increased its holdings in Coty by 10.6% during the 2nd quarter. Clearbridge Investments LLC now owns 18,651,948 shares of the company’s stock worth $149,402,000 after purchasing an additional 1,788,998 shares during the last quarter. Segall Bryant & Hamill LLC increased its holdings in Coty by 0.7% during the 4th quarter. Segall Bryant & Hamill LLC now owns 14,993,661 shares of the company’s stock worth $157,436,000 after purchasing an additional 108,752 shares during the last quarter. Finally, Credit Agricole S A purchased a new stake in Coty during the 2nd quarter worth approximately $109,361,000. 37.45% of the stock is currently owned by hedge funds and other institutional investors.

Coty Company Profile

(Get Rating)

Coty Inc, together with its subsidiaries, engages in the manufacture, marketing, distribution, and sale of beauty products worldwide. The company provides prestige fragrances, skin care, and color cosmetics products through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Alexander McQueen, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lacoste, Lancaster, Marc Jacobs, Miu Miu, Nikos, philosophy, Kim Kardashian West, and Tiffany & Co brands.

Featured Stories

Earnings History and Estimates 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 MarketBeat.com's FREE daily email newsletter.