Coty (NYSE:COTY) Price Target Cut to $3.40 by Analysts at TD Cowen

Coty (NYSE:COTY) had its price objective lowered by TD Cowen from $3.50 to $3.40 in a report published on Wednesday morning,Benzinga reports. TD Cowen currently has a hold rating on the stock.

Several other research firms also recently commented on COTY. Zacks Research upgraded Coty from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Barclays set a $3.00 price target on Coty in a research note on Friday, January 16th. Wall Street Zen raised Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Evercore ISI downgraded shares of Coty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 23rd. Finally, Redburn Partners set a $3.60 price target on shares of Coty in a report on Tuesday, November 25th. Two research analysts have rated the stock with a Buy rating, nineteen have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $5.23.

Coty Trading Up 3.7%

Shares of COTY opened at $3.26 on Wednesday. Coty has a fifty-two week low of $2.94 and a fifty-two week high of $7.71. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of -7.08, a PEG ratio of 0.22 and a beta of 0.96. The firm has a 50 day moving average price of $3.23 and a 200-day moving average price of $3.98. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.54 and a current ratio of 0.85.

Coty (NYSE:COTY) last released its earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.03). The business 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, equities research analysts forecast that Coty will post 0.39 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in COTY. Royal Bank of Canada boosted its stake in shares of Coty by 8.2% during the 1st quarter. Royal Bank of Canada now owns 128,451 shares of the company’s stock valued at $702,000 after purchasing an additional 9,700 shares in the last quarter. United Services Automobile Association purchased a new stake in Coty in the first quarter worth about $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Coty by 7.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,298,221 shares of the company’s stock valued at $7,101,000 after acquiring an additional 86,534 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of Coty during the 1st quarter worth approximately $73,000. Finally, UMB Bank n.a. raised its position in shares of Coty by 137.1% in the 2nd quarter. UMB Bank n.a. now owns 6,851 shares of the company’s stock worth $32,000 after acquiring an additional 3,962 shares in the last quarter. 42.36% of the stock is currently 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.