Brokerages Set Coty (NYSE:COTY) Price Target at $5.23

Coty (NYSE:COTY) has received an average recommendation of “Reduce” from the twenty-four ratings firms that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, nineteen have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12 month price objective among brokers that have covered the stock in the last year is $5.2275.

COTY has been the subject of several research analyst reports. Evercore ISI downgraded shares of Coty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 23rd. Citigroup reduced their price objective on Coty from $4.25 to $3.50 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Jefferies Financial Group assumed coverage on Coty in a research report on Wednesday, January 14th. They issued a “buy” rating and a $3.50 target price on the stock. Wall Street Zen raised Coty from a “sell” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Rothschild Redb raised Coty to a “hold” rating in a report on Tuesday, November 25th.

Coty Stock Performance

Shares of NYSE COTY opened at $3.37 on Friday. 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 company has a market capitalization of $2.94 billion, a P/E ratio of -7.32, a P/E/G ratio of 0.24 and a beta of 0.96. Coty has a 12 month low of $2.94 and a 12 month high of $7.71. The stock has a 50 day moving average of $3.22 and a 200-day moving average of $3.95.

Coty (NYSE:COTY) last announced its quarterly 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). Coty had a negative net margin of 6.60% and a positive return on equity of 4.74%. The business had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the business earned $0.15 EPS. The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, equities research analysts predict that Coty will post 0.39 EPS for the current year.

Hedge Funds Weigh In On Coty

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted 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 purchasing an additional 964,040 shares during the period. BNP Paribas Financial Markets raised 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 buying an additional 267,261 shares in the last quarter. Credit Agricole S A bought a new stake in shares of Coty in the third quarter valued at approximately $63,824,000. Norges Bank acquired a new stake in Coty during the second quarter worth approximately $52,449,000. Finally, Thrivent Financial for Lutherans grew its position in Coty by 9.1% during the third quarter. Thrivent Financial for Lutherans now owns 8,753,712 shares of the company’s stock worth $35,365,000 after buying an additional 727,404 shares in the last quarter. 42.36% of the stock is owned by institutional investors.

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.