Coty (NYSE:COTY) Stock Price Down 5.2% on Analyst Downgrade

Coty (NYSE:COTY)’s stock price fell 5.2% on Monday after Citigroup lowered their price target on the stock from $3.50 to $3.00. Citigroup currently has a neutral rating on the stock. Coty traded as low as $2.50 and last traded at $2.5220. 2,098,734 shares traded hands during trading, a decline of 76% from the average session volume of 8,681,550 shares. The stock had previously closed at $2.66.

Other research analysts have also recently issued research reports about the company. Santander cut Coty to a “neutral” rating in a research report on Tuesday, December 23rd. Jefferies Financial Group started coverage on shares of Coty in a research note on Wednesday, January 14th. They set a “buy” rating and a $3.50 price objective on the stock. Barclays decreased their target price on shares of Coty from $3.00 to $2.50 and set an “underweight” rating on the stock in a report on Monday. Morgan Stanley set a $3.50 price target on shares of Coty in a report on Monday. Finally, Royal Bank Of Canada reduced their price target on shares of Coty from $10.00 to $8.00 and set an “outperform” rating on the stock in a research report on Monday. Two research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $4.51.

Trending Headlines about Coty

Here are the key news stories impacting Coty this week:

• Positive Sentiment: RBC cut its price target from $10 to $8 but maintained an “Outperform” rating, implying substantial upside and signaling that at least one major shop still views Coty as a turnaround with meaningful recovery potential. RBC target note
• Neutral Sentiment: Analyst consensus roundup: multiple analysts recently published notes on Coty (Benzinga compilation), showing mixed views across shops — helpful for gauging market expectations but not uniformly bullish or bearish. 10 Analysts Have This To Say About Coty
• Neutral Sentiment: Research notes maintaining Holds: J.P. Morgan and Morgan Stanley recently kept neutral/hold stances, citing limited visibility and structural headwinds despite compressed valuation — that keeps upside capped until clearer execution. J.P. Morgan hold note Morgan Stanley hold note
• Neutral Sentiment: Fundamental spotlight: Zacks highlights international revenue trends as an important driver — improvement or further weakness overseas could materially affect earnings trajectory and estimates. Zacks international revenue analysis
• Negative Sentiment: Price target cut at Citigroup: Citi lowered its target from $3.50 to $3.00 and moved to a “Neutral” rating — a downward revision that reduces near-term analyst-driven upside. Citi price-target cut
• Negative Sentiment: Coty ended its license deal with skincare brand Orveda after four years — termination of a licensing arrangement may remove a revenue stream and raises questions on brand/partner strategy execution. Coty ends licence with Orveda
• Negative Sentiment: Recent quarterly results: Coty missed EPS expectations in the latest report (revenue roughly in line) and still shows negative net margins — weak profitability and modest top-line growth keep investor skepticism elevated. (Company earnings release / market summaries)
• Neutral Sentiment: Non-material mention: a historical sports article referencing a person named “Coty Clarke” is unrelated to Coty Inc. and unlikely to affect the stock.

Institutional Trading of Coty

A number of hedge funds and other institutional investors have recently modified their holdings of COTY. Credit Agricole S A bought a new position in shares of Coty in the 3rd quarter valued at $63,824,000. Norges Bank acquired a new position in Coty in the 4th quarter worth about $41,867,000. Two Sigma Investments LP increased its holdings in Coty by 793.5% in the 3rd quarter. Two Sigma Investments LP now owns 4,401,554 shares of the company’s stock worth $17,782,000 after purchasing an additional 3,908,955 shares in the last quarter. Squarepoint Ops LLC bought a new position in Coty in the second quarter valued at about $15,829,000. Finally, Assenagon Asset Management S.A. raised its position in Coty by 6,340.5% in the third quarter. Assenagon Asset Management S.A. now owns 2,883,926 shares of the company’s stock valued at $11,651,000 after purchasing an additional 2,839,148 shares during the last quarter. Institutional investors own 42.36% of the company’s stock.

Coty Stock Down 0.8%

The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of -4.08, a price-to-earnings-growth ratio of 0.19 and a beta of 0.95. The company has a quick ratio of 0.52, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. The stock has a 50 day moving average price of $3.16 and a 200 day moving average price of $3.78.

Coty (NYSE:COTY) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.04). Coty had a negative net margin of 9.13% and a positive return on equity of 5.38%. The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.66 billion. During the same period in the prior year, the company earned $0.11 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year. As a group, analysts forecast that Coty will post 0.39 EPS for the current year.

About Coty

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.