Coty (NYSE:COTY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Coty (NYSE:COTYGet Free Report) have received an average recommendation of “Hold” from the twenty-three ratings firms that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $5.4158.

COTY has been the subject of several recent research reports. Evercore ISI lowered their target price on shares of Coty from $10.00 to $7.00 and set an “outperform” rating for the company in a research note on Thursday, August 21st. Citigroup reaffirmed a “neutral” rating and set a $4.25 price objective (down previously from $6.50) on shares of Coty in a research report on Thursday, August 21st. Redburn Partners set a $3.60 target price on shares of Coty in a report on Tuesday, November 25th. Zacks Research raised Coty from a “strong sell” rating to a “hold” rating in a report on Monday, November 24th. Finally, Berenberg Bank reiterated 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.

Get Our Latest Stock Report on Coty

Hedge Funds Weigh In On Coty

Several hedge funds and other institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Coty by 11.1% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 101,224 shares of the company’s stock worth $554,000 after acquiring an additional 10,102 shares during the period. US Bancorp DE grew its position in Coty by 182.7% in the 1st quarter. US Bancorp DE now owns 26,776 shares of the company’s stock worth $146,000 after purchasing an additional 17,303 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Coty by 5.8% in the first quarter. Vanguard Group Inc. now owns 37,645,488 shares of the company’s stock valued at $205,921,000 after purchasing an additional 2,055,771 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in shares of Coty by 14.6% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,535,430 shares of the company’s stock valued at $19,339,000 after buying an additional 450,413 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Coty by 28.8% during the first quarter. Invesco Ltd. now owns 1,761,954 shares of the company’s stock worth $9,638,000 after buying an additional 393,971 shares during the period. Institutional investors and hedge funds own 42.36% of the company’s stock.

Coty Price Performance

Shares of COTY stock opened at $3.44 on Thursday. The firm has a fifty day moving average of $3.81 and a two-hundred day moving average of $4.39. The firm has a market cap of $3.00 billion, a P/E ratio of -7.47, a P/E/G ratio of 0.25 and a beta of 0.95. Coty has a 1-year low of $3.12 and a 1-year high of $8.04. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.54.

Coty (NYSE:COTYGet Free Report) last released its earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The firm had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.58 billion. During the same period in the prior year, the business earned $0.15 EPS. The company’s quarterly revenue 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, research analysts anticipate that Coty will post 0.39 earnings per share for the current fiscal year.

About Coty

(Get Free Report)

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.

See Also

Analyst Recommendations for Coty (NYSE:COTY)

Receive News & Ratings for Coty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty and related companies with MarketBeat.com's FREE daily email newsletter.