Coty (NYSE:COTY) Updates FY 2025 Earnings Guidance

Coty (NYSE:COTY) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.540-0.570 for the period, compared to the consensus earnings per share estimate of 0.570. The company issued revenue guidance of -. Coty also updated its FY25 guidance to $0.54-$0.57 EPS.

Coty Stock Performance

Shares of COTY traded down $0.03 during trading hours on Tuesday, reaching $9.53. 6,490,613 shares of the company traded hands, compared to its average volume of 3,938,270. The company has a quick ratio of 0.50, a current ratio of 0.80 and a debt-to-equity ratio of 0.93. The business has a fifty day moving average price of $9.76 and a 200-day moving average price of $10.89. Coty has a 12-month low of $8.79 and a 12-month high of $13.30. The stock has a market capitalization of $8.27 billion, a P/E ratio of 41.43, a P/E/G ratio of 3.31 and a beta of 1.91.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on COTY shares. Bank of America cut their price objective on Coty from $15.00 to $14.00 and set a buy rating on the stock in a report on Wednesday, July 10th. Citigroup reduced their price target on shares of Coty from $12.00 to $11.00 and set a neutral rating for the company in a research report on Wednesday, July 10th. DA Davidson dropped their price objective on shares of Coty from $17.50 to $16.50 and set a buy rating on the stock in a report on Tuesday, May 7th. Piper Sandler reduced their target price on shares of Coty from $15.00 to $13.00 and set an overweight rating for the company in a report on Thursday, July 11th. Finally, Wells Fargo & Company cut their price target on Coty from $12.00 to $11.00 and set an equal weight rating on the stock in a research report on Wednesday, July 10th. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $12.94.

About Coty

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.