Coty (NYSE:COTY) Issues FY25 Earnings Guidance

Coty (NYSE:COTY) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.54-$0.57 for the period, compared to the consensus estimate of $0.56. Coty also updated its FY 2025 guidance to 0.540-0.540 EPS.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Stifel Nicolaus dropped their target price on shares of Coty from $11.00 to $10.00 and set a “hold” rating for the company in a report on Tuesday, October 15th. Royal Bank of Canada reiterated an “outperform” rating and issued a $14.00 price objective on shares of Coty in a report on Tuesday, October 15th. Barclays cut Coty from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $8.00 to $7.00 in a research note on Thursday. DA Davidson dropped their price target on Coty from $17.00 to $14.50 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Coty from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $11.97.

Coty Stock Down 1.2 %

Shares of NYSE COTY traded down $0.09 during trading on Friday, reaching $7.16. The company had a trading volume of 6,729,461 shares, compared to its average volume of 6,336,155. Coty has a 12-month low of $7.02 and a 12-month high of $13.30. The company has a quick ratio of 0.46, a current ratio of 0.75 and a debt-to-equity ratio of 0.96. The business’s 50-day moving average is $8.57 and its 200 day moving average is $9.60. The stock has a market cap of $6.21 billion, a PE ratio of 42.12, a P/E/G ratio of 1.09 and a beta of 1.91.

Coty (NYSE:COTY) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. Coty had a return on equity of 9.14% and a net margin of 2.78%. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 EPS. As a group, equities analysts forecast that Coty will post 0.55 earnings per share for the current fiscal year.

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.