Equities research analysts predict that Coty Inc (NYSE:COTY) will announce earnings of $0.16 per share for the current fiscal quarter, according to Zacks. Six analysts have issued estimates for Coty’s earnings, with the lowest EPS estimate coming in at $0.14 and the highest estimate coming in at $0.18. Coty reported earnings per share of $0.14 during the same quarter last year, which suggests a positive year-over-year growth rate of 14.3%. The company is scheduled to report its next quarterly earnings report on Tuesday, August 20th.

According to Zacks, analysts expect that Coty will report full-year earnings of $0.64 per share for the current financial year, with EPS estimates ranging from $0.61 to $0.66. For the next year, analysts expect that the business will post earnings of $0.69 per share, with EPS estimates ranging from $0.64 to $0.77. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Coty.

Coty (NYSE:COTY) last released its quarterly earnings results on Wednesday, May 8th. The company reported $0.13 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $1.99 billion for the quarter, compared to analysts’ expectations of $2.06 billion. Coty had a negative net margin of 13.20% and a positive return on equity of 5.78%. The business’s revenue was down 10.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.13 EPS.

COTY has been the topic of several research analyst reports. Barclays set a $14.00 price target on shares of Coty and gave the company a “hold” rating in a report on Thursday, June 27th. Stifel Nicolaus set a $80.00 price target on shares of CSX and gave the company a “hold” rating in a report on Wednesday, April 17th. DA Davidson set a $16.00 price target on shares of Redfin and gave the company a “hold” rating in a report on Tuesday, July 2nd. Citigroup reissued a “buy” rating and issued a $25.00 price target on shares of Propetro in a report on Tuesday, July 2nd. Finally, BNP Paribas reissued a “neutral” rating on shares of Infineon Technologies in a report on Tuesday, June 4th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Coty has a consensus rating of “Hold” and a consensus price target of $12.77.

Coty stock traded up $0.02 during trading hours on Friday, hitting $11.07. The company had a trading volume of 4,961,145 shares, compared to its average volume of 6,648,441. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 2.45 and a beta of 0.70. The company has a current ratio of 0.95, a quick ratio of 0.62 and a debt-to-equity ratio of 1.00. Coty has a one year low of $5.91 and a one year high of $14.14. The business’s 50-day moving average is $12.52.

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 6th were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 4.52%. The ex-dividend date of this dividend was Wednesday, June 5th. Coty’s payout ratio is 72.46%.

In related news, insider Luc Volatier acquired 434,782 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was acquired at an average price of $11.50 per share, with a total value of $4,999,993.00. Following the purchase, the insider now directly owns 434,782 shares in the company, valued at $4,999,993. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Pierre Laubies acquired 648,228 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The stock was bought at an average cost of $11.64 per share, with a total value of $7,545,373.92. Following the purchase, the chief executive officer now owns 2,956,675 shares in the company, valued at $34,415,697. The disclosure for this purchase can be found here. In the last three months, insiders purchased 156,808,896 shares of company stock valued at $1,827,304,250. 1.20% of the stock is owned by insiders.

Large investors have recently modified their holdings of the stock. Thor Advisors LLC bought a new position in Coty in the 1st quarter valued at approximately $26,000. Advisory Services Network LLC bought a new position in shares of Coty during the fourth quarter valued at $25,000. CENTRAL TRUST Co bought a new position in shares of Coty during the second quarter valued at $43,000. Moody National Bank Trust Division bought a new position in shares of Coty during the first quarter valued at $44,000. Finally, Truvestments Capital LLC bought a new position in shares of Coty during the first quarter valued at $56,000. 73.49% of the stock is owned by institutional investors and hedge funds.

Coty Company Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates in three segments: Luxury, Consumer Beauty, and Professional Beauty. The Luxury segment offers prestige fragrances, and skincare and cosmetics products through various retailers, including perfumeries, department stores, and duty-free shops under the Alexander McQueen, Balenciaga, Burberry, Bottega Veneta, Calvin Klein, Cavalli, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Lacoste, Lancaster, Marc Jacobs, Miu Miu, philosophy, Stella McCartney, and Tiffany & Co brands.

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Earnings History and Estimates for Coty (NYSE:COTY)

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