Coty (NYSE:COTY) Stock Now Rated “Reduce” by Sell-Side Analysts

Shares of Coty (NYSE:COTY) have received a consensus rating of “Reduce” from the thirteen research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $3.21.

Several analysts have issued reports on COTY shares. Zacks Research downgraded Coty from a “hold” rating to a “strong sell” rating in a research note on Monday, October 26th. TD Cowen assumed coverage on shares of Coty in a research note on Friday. They issued a “hold” rating for the company. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $2.60 price objective on shares of Coty in a research report on Thursday, August 20th. Morgan Stanley upped their target price on Coty from $2.50 to $2.75 and gave the company an “equal weight” rating in a research report on Tuesday, August 25th. Finally, Citigroup upped their price target on shares of Coty from $2.80 to $3.00 and gave the company a “neutral” rating in a research note on Wednesday, October 14th.

Coty Price Performance

Shares of COTY stock opened at $3.39 on Friday. Coty has a 12-month low of $1.82 and a 12-month high of $4.16. The company has a quick ratio of 0.42, a current ratio of 0.75 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $2.99 billion, a price-to-earnings ratio of -4.84, a price-to-earnings-growth ratio of 0.66 and a beta of 0.90. The firm has a fifty day moving average of $2.86 and a 200-day moving average of $2.54.

Coty (NYSE:COTY) last released its quarterly earnings results on Wednesday, August 19th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.19 billion. Coty had a positive return on equity of 5.68% and a negative net margin of 10.42%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.05) EPS. Coty has set its Q1 2027 guidance at 0.110-0.130 EPS. On average, equities research analysts forecast that Coty will post 0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its stake in Coty by 2,300.9% during the first quarter. Pacer Advisors Inc. now owns 2,953,407 shares of the company’s stock worth $5,936,000 after acquiring an additional 2,830,397 shares in the last quarter. First Trust Advisors LP boosted its holdings in Coty by 827.5% in the first quarter. First Trust Advisors LP now owns 2,018,890 shares of the company’s stock valued at $4,058,000 after acquiring an additional 1,801,209 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Coty by 37.3% during the first quarter. Assenagon Asset Management S.A. now owns 6,187,672 shares of the company’s stock valued at $12,437,000 after acquiring an additional 1,679,632 shares during the last quarter. Maverick Capital Ltd. bought a new position in shares of Coty during the 1st quarter worth approximately $2,536,000. Finally, Renaissance Technologies LLC grew its stake in shares of Coty by 177.6% in the 1st quarter. Renaissance Technologies LLC now owns 1,311,687 shares of the company’s stock valued at $2,636,000 after buying an additional 839,257 shares during the period. 42.36% of the stock is currently owned by institutional investors and hedge funds.

About Coty

Coty Inc is a global beauty company that develops, manufactures and markets fragrances, cosmetics, skin care and body-care products. Its portfolio includes luxury, prestige and mass-market brands, with products sold through department stores, specialty retailers, e-commerce platforms and other distribution channels.

The company’s brands have included CoverGirl, Rimmel London, Max Factor, Bourjois, Gucci Beauty, Calvin Klein, Marc Jacobs, Burberry, Hugo Boss and Chloé, among others. Coty also participates in professional beauty through hair-care and salon brands, including the Wella portfolio.

Founded in Paris in 1904 by François Coty, the company built its early reputation in fragrance before expanding into broader beauty categories and international markets.