Zacks Research Analysts Increase Earnings Estimates for Coty

Coty (NYSE:COTY) – Research analysts at Zacks Research lifted their Q4 2027 EPS estimates for shares of Coty in a report issued on Wednesday, September 2nd. Zacks Research analyst Team now forecasts that the company will earn $0.00 per share for the quarter, up from their prior estimate of ($0.01). The consensus estimate for Coty’s current full-year earnings is $0.31 per share. Zacks Research also issued estimates for Coty’s Q1 2028 earnings at $0.10 EPS, Q2 2028 earnings at $0.15 EPS, Q3 2028 earnings at $0.01 EPS, FY2028 earnings at $0.26 EPS and FY2029 earnings at $0.30 EPS.

Several other research firms also recently issued reports on COTY. Morgan Stanley lifted their price objective on Coty from $2.50 to $2.75 and gave the stock an “equal weight” rating in a report on Tuesday, August 25th. Royal Bank Of Canada downgraded shares of Coty from an “outperform” rating to a “sector perform” rating and set a $3.00 price target for the company. in a research report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $3.00 price target on shares of Coty in a research note on Friday, August 21st. Weiss Ratings reiterated a “sell (e+)” rating on shares of Coty in a research note on Friday, August 7th. Finally, Citigroup raised their price objective on shares of Coty from $2.50 to $2.80 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Twelve equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $3.39.

Coty Trading Up 2.6%

NYSE:COTY opened at $2.92 on Thursday. The stock has a market cap of $2.57 billion, a price-to-earnings ratio of -4.16, a price-to-earnings-growth ratio of 0.55 and a beta of 0.95. Coty has a one year low of $1.82 and a one year high of $4.56. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.42 and a current ratio of 0.75. The business’s 50-day simple moving average is $2.59 and its 200 day simple moving average is $2.35.

Coty (NYSE:COTY) last issued its quarterly earnings data on Wednesday, August 19th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Coty had a negative net margin of 10.42% and a positive return on equity of 5.68%. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the business earned ($0.05) EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. Coty has set its Q1 2027 guidance at 0.110-0.130 EPS.

Institutional Trading of Coty

Several large investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System grew its position in Coty by 111.6% in the 2nd quarter. California State Teachers Retirement System now owns 1,146,048 shares of the company’s stock valued at $2,475,000 after buying an additional 604,544 shares in the last quarter. HB Wealth Management LLC acquired a new stake in shares of Coty in the 2nd quarter worth approximately $57,000. AlphaGrep UK Ltd bought a new position in shares of Coty in the second quarter valued at approximately $25,000. Three Seasons Wealth LLC increased its stake in shares of Coty by 17.1% during the second quarter. Three Seasons Wealth LLC now owns 91,957 shares of the company’s stock valued at $199,000 after acquiring an additional 13,395 shares during the period. Finally, Nolet Wealth Management LLC bought a new stake in Coty during the second quarter worth approximately $108,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Coty Company Profile

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.