Coty (NYSE:COTY) Issues Earnings Results, Misses Expectations By $0.03 EPS

Coty (NYSE:COTY) posted its earnings results on Wednesday. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.03), Zacks reports. Coty had a negative net margin of 6.24% and a positive return on equity of 5.18%. The business had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the business posted $0.15 earnings per share. The business’s revenue was down 5.6% compared to the same quarter last year. Coty updated its Q2 2026 guidance to 0.180-0.210 EPS.

Coty Stock Performance

Shares of NYSE:COTY traded down $0.03 during trading hours on Friday, hitting $3.70. The stock had a trading volume of 2,123,928 shares, compared to its average volume of 7,839,668. The stock’s fifty day simple moving average is $4.12 and its 200 day simple moving average is $4.61. The firm has a market capitalization of $3.22 billion, a price-to-earnings ratio of -8.40, a PEG ratio of 0.27 and a beta of 2.02. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.46 and a current ratio of 0.77. Coty has a 1-year low of $3.65 and a 1-year high of $8.04.

Insider Activity at Coty

In other news, insider Kristin Blazewicz bought 29,400 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were purchased at an average cost of $4.30 per share, with a total value of $126,420.00. Following the completion of the acquisition, the insider directly owned 829,142 shares in the company, valued at approximately $3,565,310.60. The trade was a 3.68% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sue Nabi acquired 260,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was acquired at an average cost of $3.92 per share, for a total transaction of $1,019,200.00. Following the purchase, the chief executive officer directly owned 32,127,286 shares in the company, valued at approximately $125,938,961.12. The trade was a 0.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders acquired 334,900 shares of company stock worth $1,321,840. 5.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Coty

Institutional investors and hedge funds have recently modified their holdings of the stock. Shay Capital LLC purchased a new stake in shares of Coty in the second quarter valued at $46,000. FORA Capital LLC acquired a new position in Coty in the second quarter worth approximately $47,000. Vident Advisory LLC bought a new position in Coty during the second quarter valued at approximately $50,000. Headlands Technologies LLC acquired a new stake in Coty in the second quarter valued at approximately $53,000. Finally, Focus Partners Wealth acquired a new stake in Coty in the first quarter valued at approximately $73,000. 42.36% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on COTY shares. Weiss Ratings restated a “sell (d)” rating on shares of Coty in a research report on Wednesday, October 8th. Jefferies Financial Group lowered shares of Coty from a “buy” rating to a “hold” rating and reduced their target price for the company from $6.00 to $4.00 in a report on Thursday, August 21st. Citigroup reaffirmed a “neutral” rating and set a $4.25 price target (down from $6.50) on shares of Coty in a research note on Thursday, August 21st. The Goldman Sachs Group cut their price objective on shares of Coty from $6.00 to $4.50 and set a “neutral” rating for the company in a research report on Friday, August 22nd. Finally, Morgan Stanley decreased their target price on shares of Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. Three investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $6.06.

Coty Company Profile

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.