Leonteq Securities AG Purchases Shares of 372,253 Coty $COTY

Leonteq Securities AG purchased a new position in shares of Coty (NYSE:COTY) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 372,253 shares of the company’s stock, valued at approximately $748,000.

A number of other institutional investors have also modified their holdings of COTY. Ground Swell Capital LLC purchased a new stake in Coty during the first quarter worth $27,000. Robeco Institutional Asset Management B.V. purchased a new position in Coty in the fourth quarter valued at $32,000. Cornerstone Wealth Management LLC purchased a new position in Coty in the fourth quarter valued at $37,000. North Dakota State Investment Board acquired a new position in shares of Coty in the fourth quarter worth about $37,000. Finally, Vise Technologies Inc. acquired a new position in shares of Coty in the fourth quarter worth about $39,000. Hedge funds and other institutional investors own 42.36% of the company’s stock.

Wall Street Analysts Forecast Growth

COTY has been the subject of a number of recent analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $8.00 price objective on shares of Coty in a research report on Monday, May 4th. Barclays dropped their price target on shares of Coty from $2.50 to $2.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 14th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Coty from $3.00 to $2.00 and set a “hold” rating for the company in a report on Monday, March 30th. Weiss Ratings cut shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 13th. Finally, Morgan Stanley set a $2.50 price objective on shares of Coty in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $3.70.

Coty Trading Down 0.2%

Shares of COTY opened at $2.29 on Friday. The company has a current ratio of 0.82, a quick ratio of 0.49 and a debt-to-equity ratio of 0.97. Coty has a 12-month low of $1.82 and a 12-month high of $5.33. The firm has a 50-day moving average price of $2.13 and a 200 day moving average price of $2.49. The firm has a market capitalization of $2.02 billion, a P/E ratio of -3.70, a P/E/G ratio of 0.34 and a beta of 0.99.

Coty (NYSE:COTY) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.03) EPS for the quarter. Coty had a negative net margin of 9.20% and a positive return on equity of 4.59%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the company posted $0.01 earnings per share. The company’s revenue was down 1.3% on a year-over-year basis. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Sell-side analysts forecast that Coty will post 0.22 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.