Coty (NYSE:COTY) Receives $5.42 Consensus Target Price from Analysts

Coty (NYSE:COTY) has received an average recommendation of “Hold” from the twenty-three ratings firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $5.4158.

A number of research analysts have issued reports on COTY shares. Royal Bank Of Canada decreased their target price on Coty from $12.00 to $10.00 and set a “sector perform” rating for the company in a research note on Friday, August 22nd. Redburn Partners set a $3.60 price target on Coty in a research note on Tuesday, November 25th. Wells Fargo & Company reduced their price target on Coty from $5.00 to $4.00 and set an “equal weight” rating for the company in a research report on Friday, August 22nd. Berenberg Bank reissued a “hold” rating and set a $5.05 price target (down from $6.50) on shares of Coty in a research report on Wednesday, September 10th. Finally, Bank of America reduced their price target on Coty from $4.00 to $3.50 and set an “underperform” rating for the company in a research report on Friday, August 22nd.

Coty Stock Up 1.9%

Shares of Coty stock opened at $3.46 on Thursday. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. Coty has a 12 month low of $3.12 and a 12 month high of $8.04. The stock has a market cap of $3.02 billion, a PE ratio of -7.51, a price-to-earnings-growth ratio of 0.25 and a beta of 0.95. The business has a fifty day simple moving average of $3.79 and a 200 day simple moving average of $4.37.

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

Hedge Funds Weigh In On Coty

Institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Coty by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 37,704,142 shares of the company’s stock valued at $152,325,000 after acquiring an additional 964,040 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Coty by 0.8% in the second quarter. BNP Paribas Financial Markets now owns 34,460,292 shares of the company’s stock valued at $160,240,000 after acquiring an additional 267,261 shares during the period. Ameriprise Financial Inc. raised its stake in Coty by 10.5% in the 1st quarter. Ameriprise Financial Inc. now owns 22,346,995 shares of the company’s stock worth $122,239,000 after purchasing an additional 2,132,613 shares in the last quarter. Credit Agricole S A bought a new position in shares of Coty during the third quarter worth approximately $63,824,000. Finally, Norges Bank bought a new position in Coty during the 2nd quarter worth $52,449,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Coty Company Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.