Coty (NYSE:COTY) Rating Lowered to “Hold” at Evercore ISI

Coty (NYSE:COTYGet Free Report) was downgraded by Evercore ISI from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other research analysts also recently commented on the stock. Wall Street Zen raised shares of Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley decreased their target price on shares of Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. TD Cowen lowered their price target on shares of Coty from $4.00 to $3.75 and set a “hold” rating for the company in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Coty in a research note on Wednesday, October 8th. Finally, Citigroup decreased their price objective 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, twenty have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $5.30.

Read Our Latest Stock Report on COTY

Coty Trading Up 2.0%

NYSE COTY opened at $3.07 on Tuesday. The company has a quick ratio of 0.54, a current ratio of 0.85 and a debt-to-equity ratio of 1.05. The stock’s 50-day simple moving average is $3.55 and its two-hundred day simple moving average is $4.22. Coty has a twelve month low of $2.94 and a twelve month high of $7.71. The company has a market capitalization of $2.69 billion, a price-to-earnings ratio of -6.67, a PEG ratio of 0.21 and a beta of 0.95.

Coty (NYSE:COTYGet Free Report) last announced 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). The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.58 billion. Coty had a negative net margin of 6.60% and a positive return on equity of 4.74%. Coty’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.15 earnings per share. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. Research analysts forecast that Coty will post 0.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Corient Private Wealth LLC grew its position in shares of Coty by 16.6% in the 2nd quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock worth $75,000 after buying an additional 2,286 shares during the last quarter. Impact Capital Partners LLC lifted its stake in Coty by 21.1% in the second quarter. Impact Capital Partners LLC now owns 13,486 shares of the company’s stock worth $63,000 after acquiring an additional 2,346 shares during the period. Teacher Retirement System of Texas boosted its holdings in Coty by 4.1% in the second quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock valued at $277,000 after acquiring an additional 2,360 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in Coty by 23.9% in the second quarter. J.W. Cole Advisors Inc. now owns 12,436 shares of the company’s stock valued at $58,000 after acquiring an additional 2,398 shares in the last quarter. Finally, Comerica Bank increased its position in Coty by 1.6% during the 1st quarter. Comerica Bank now owns 162,693 shares of the company’s stock valued at $890,000 after purchasing an additional 2,639 shares during the period. Institutional investors own 42.36% of the company’s stock.

Key Headlines Impacting Coty

Here are the key news stories impacting Coty this week:

Coty Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Coty (NYSE:COTY)

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