Coty (NYSE:COTY) Given Average Recommendation of “Reduce” by Analysts

Coty (NYSE:COTY) has been given a consensus rating of “Reduce” by the seventeen research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and one has given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $3.7036.

A number of equities analysts have issued reports on the stock. Weiss Ratings cut shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, May 13th. Morgan Stanley set a $2.50 target price on Coty in a research note on Thursday, May 7th. Deutsche Bank Aktiengesellschaft cut their target price on Coty from $3.00 to $2.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. TD Cowen raised their target price on Coty from $2.30 to $2.90 and gave the company a “hold” rating in a research note on Thursday, May 7th. Finally, Barclays cut their target price on Coty from $2.50 to $2.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 14th.

Coty Stock Performance

Shares of NYSE COTY opened at $1.95 on Monday. The company has a quick ratio of 0.49, a current ratio of 0.82 and a debt-to-equity ratio of 0.97. The firm’s 50-day moving average price is $2.17 and its two-hundred day moving average price is $2.57. Coty has a 52-week low of $1.84 and a 52-week high of $5.33. The stock has a market capitalization of $1.71 billion, a P/E ratio of -3.14, a P/E/G ratio of 0.46 and a beta of 1.01.

Coty (NYSE:COTY) last issued its earnings results on Tuesday, May 5th. The company reported ($0.03) earnings per share (EPS) for the quarter. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the business earned $0.01 EPS. The business’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. As a group, sell-side analysts forecast that Coty will post 0.22 earnings per share for the current year.

Institutional Investors Weigh In On Coty

A number of hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its holdings in shares of Coty by 8.2% during the first quarter. Royal Bank of Canada now owns 128,451 shares of the company’s stock valued at $702,000 after buying an additional 9,700 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Coty during the first quarter valued at approximately $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Coty by 7.1% during the first 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 buying an additional 86,534 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Coty during the first quarter valued at approximately $73,000. Finally, Prudential Financial Inc. raised its holdings in shares of Coty by 17.1% during the second quarter. Prudential Financial Inc. now owns 39,844 shares of the company’s stock valued at $185,000 after buying an additional 5,810 shares during the last quarter. 42.36% of the stock is currently owned by institutional investors.

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.