Analysts expect Coty Inc (NYSE:COTY) to announce earnings of $0.25 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Coty’s earnings, with estimates ranging from $0.24 to $0.25. Coty reported earnings per share of $0.24 in the same quarter last year, which suggests a positive year-over-year growth rate of 4.2%. The firm is scheduled to report its next quarterly earnings results on Friday, February 14th.

On average, analysts expect that Coty will report full year earnings of $0.68 per share for the current fiscal year, with EPS estimates ranging from $0.66 to $0.68. For the next financial year, analysts expect that the firm will report earnings of $0.74 per share, with EPS estimates ranging from $0.70 to $0.78. Zacks’ earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Coty.

Coty (NYSE:COTY) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. Coty had a negative net margin of 43.46% and a positive return on equity of 7.57%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.97 billion. During the same period in the previous year, the firm posted $0.11 EPS. The company’s revenue for the quarter was down 4.4% on a year-over-year basis.

COTY has been the subject of a number of analyst reports. Stifel Nicolaus set a $11.50 price target on Coty and gave the company a “hold” rating in a research note on Monday, October 21st. Royal Bank of Canada set a $14.00 price objective on Coty and gave the stock a “buy” rating in a research note on Thursday, August 29th. ValuEngine downgraded Coty from a “sell” rating to a “strong sell” rating in a report on Monday, October 21st. Jefferies Financial Group set a $10.50 price objective on Coty and gave the company a “hold” rating in a report on Monday, October 21st. Finally, Morgan Stanley raised their target price on shares of Coty from $10.00 to $12.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $12.85.

NYSE COTY traded down $0.07 during trading hours on Thursday, hitting $11.51. 1,782,898 shares of the company traded hands, compared to its average volume of 5,756,955. The business’s 50-day moving average is $11.63 and its 200-day moving average is $11.35. Coty has a twelve month low of $5.91 and a twelve month high of $14.14. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.61 and a current ratio of 0.97. The stock has a market capitalization of $8.75 billion, a price-to-earnings ratio of 17.70, a P/E/G ratio of 3.09 and a beta of 0.71.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Monday, November 18th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Friday, November 15th. Coty’s dividend payout ratio (DPR) is presently 76.92%.

In other Coty news, CMO Fiona Hughes purchased 210,000 shares of the business’s stock in a transaction on Thursday, September 5th. The stock was acquired at an average price of $9.81 per share, with a total value of $2,060,100.00. Following the acquisition, the chief marketing officer now directly owns 210,000 shares of the company’s stock, valued at approximately $2,060,100. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Robert S. Singer acquired 15,000 shares of Coty stock in a transaction on Wednesday, September 4th. The shares were bought at an average cost of $9.08 per share, with a total value of $136,200.00. The disclosure for this purchase can be found here. 2.20% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of COTY. Nisa Investment Advisors LLC lifted its holdings in Coty by 323.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 94,296 shares of the company’s stock worth $1,264,000 after purchasing an additional 72,020 shares during the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Coty by 4.2% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 251,726 shares of the company’s stock valued at $3,373,000 after buying an additional 10,243 shares during the period. Lenox Wealth Management Inc. lifted its holdings in shares of Coty by 241.1% during the 2nd quarter. Lenox Wealth Management Inc. now owns 19,631 shares of the company’s stock worth $263,000 after acquiring an additional 13,876 shares during the period. Advisor Partners LLC boosted its position in shares of Coty by 9.3% during the 2nd quarter. Advisor Partners LLC now owns 18,904 shares of the company’s stock worth $253,000 after acquiring an additional 1,603 shares in the last quarter. Finally, Santori & Peters Inc. bought a new position in Coty in the second quarter valued at approximately $242,000. 37.34% of the stock is currently owned by institutional investors.

About Coty

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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