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

Coty (NYSE:COTYGet Free Report) has been given a consensus rating of “Reduce” by the twenty-five ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, twenty have given a hold rating and two have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $5.2950.

A number of analysts have issued reports on COTY shares. Rothschild Redb raised Coty to a “hold” rating in a research note on Tuesday, November 25th. Zacks Research raised shares of Coty from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Wall Street Zen upgraded shares of Coty from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Citigroup decreased their target price on shares of Coty from $4.25 to $3.50 and set a “neutral” rating on the stock in a report on Wednesday, December 17th. Finally, Santander cut shares of Coty to a “neutral” rating in a research note on Tuesday, December 23rd.

Read Our Latest Stock Report on COTY

Coty Stock Up 1.5%

COTY stock opened at $3.11 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 1.05. The firm has a 50-day moving average of $3.51 and a two-hundred day moving average of $4.19. Coty has a 12 month low of $2.94 and a 12 month high of $7.71. The company has a market cap of $2.72 billion, a price-to-earnings ratio of -6.75, a PEG ratio of 0.22 and a beta of 0.95.

Coty (NYSE:COTYGet Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). Coty had a negative net margin of 6.60% and a positive return on equity of 4.74%. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the company earned $0.15 earnings per share. Coty’s revenue for the quarter was down 5.6% on a year-over-year basis. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, analysts forecast that Coty will post 0.39 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Coty

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Edmond DE Rothschild Holding S.A. raised its holdings in shares of Coty by 10.9% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 3,994,553 shares of the company’s stock valued at $18,574,000 after buying an additional 392,720 shares during the period. Nexpoint Asset Management L.P. acquired a new position in Coty in the 1st quarter valued at about $2,168,000. Norges Bank purchased a new stake in Coty during the second quarter worth about $52,449,000. Counterpoint Mutual Funds LLC purchased a new stake in Coty during the second quarter worth about $725,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of Coty by 6,340.5% during the third quarter. Assenagon Asset Management S.A. now owns 2,883,926 shares of the company’s stock worth $11,651,000 after purchasing an additional 2,839,148 shares in the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

About Coty

(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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