Zacks Research Has Negative Estimate for Coty Q1 Earnings

Coty (NYSE:COTY) – Equities researchers at Zacks Research reduced their Q1 2027 earnings per share estimates for shares of Coty in a research note issued on Thursday, February 19th. Zacks Research analyst Team now forecasts that the company will post earnings of $0.13 per share for the quarter, down from their previous forecast of $0.15. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Coty’s current full-year earnings is $0.39 per share. Zacks Research also issued estimates for Coty’s Q2 2027 earnings at $0.17 EPS, Q4 2027 earnings at ($0.01) EPS, Q1 2028 earnings at $0.15 EPS and FY2028 earnings at $0.39 EPS.

Several other equities analysts have also recently commented on COTY. TD Cowen lowered their price target on shares of Coty from $3.50 to $3.40 and set a “hold” rating on the stock in a report on Wednesday, January 21st. Morgan Stanley set a $3.50 price objective on Coty in a research report on Monday, February 9th. Santander lowered Coty to a “neutral” rating in a research report on Tuesday, December 23rd. Wall Street Zen raised Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Canaccord Genuity Group set a $2.50 price target on Coty in a research note on Monday, February 9th. Two analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Coty currently has a consensus rating of “Reduce” and an average price target of $4.51.

Coty Stock Up 0.2%

Coty stock opened at $2.62 on Friday. Coty has a twelve month low of $2.44 and a twelve month high of $6.13. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.52 and a current ratio of 0.79. The firm has a market cap of $2.30 billion, a PE ratio of -4.22, a P/E/G ratio of 0.34 and a beta of 0.95. The firm’s 50 day moving average price is $3.05 and its two-hundred day moving average price is $3.68.

Coty (NYSE:COTY) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The company had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.66 billion. Coty had a positive return on equity of 5.38% and a negative net margin of 9.13%.Coty’s revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Corient Private Wealth LLC boosted its holdings in Coty by 16.6% during the second quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock valued at $75,000 after acquiring an additional 2,286 shares during the period. Teacher Retirement System of Texas increased its stake in shares of Coty by 4.1% in the second quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock worth $277,000 after purchasing an additional 2,360 shares during the period. J.W. Cole Advisors Inc. lifted its position in shares of Coty by 23.9% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,436 shares of the company’s stock worth $58,000 after purchasing an additional 2,398 shares during the last quarter. Atria Investments Inc boosted its stake in Coty by 10.7% during the 2nd quarter. Atria Investments Inc now owns 27,657 shares of the company’s stock valued at $129,000 after purchasing an additional 2,682 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its stake in Coty by 3.1% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock valued at $425,000 after purchasing an additional 3,138 shares during the period. Institutional investors and hedge funds own 42.36% of the company’s stock.

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.