Coty (NYSE:COTY – Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $3.52 and last traded at $3.5250, with a volume of 1009143 shares. The stock had previously closed at $3.63.
Analyst Upgrades and Downgrades
COTY has been the subject of a number of research analyst reports. Wall Street Zen raised shares of Coty from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft dropped their price objective on Coty from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, August 21st. Weiss Ratings restated a “sell (d)” rating on shares of Coty in a research note on Wednesday, October 8th. Royal Bank Of Canada lowered their target price on Coty from $12.00 to $10.00 and set a “sector perform” rating on the stock in a report on Friday, August 22nd. Finally, Zacks Research downgraded Coty from a “hold” rating to a “strong sell” rating in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, Coty presently has an average rating of “Reduce” and a consensus target price of $5.63.
View Our Latest Report on COTY
Coty Trading Down 3.4%
Coty (NYSE:COTY – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.03). Coty had a negative net margin of 6.24% and a positive return on equity of 5.18%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.58 billion. During the same quarter in the previous year, the company earned $0.15 earnings per share. The business’s revenue was down 5.6% on a year-over-year basis. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, equities analysts forecast that Coty will post 0.39 earnings per share for the current year.
Insider Activity
In other Coty news, insider Priya Srinivasan acquired 30,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was purchased at an average cost of $3.84 per share, with a total value of $115,200.00. Following the transaction, the insider owned 37,509 shares in the company, valued at approximately $144,034.56. The trade was a 399.52% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Laurent Mercier acquired 12,500 shares of the company’s stock in a transaction dated Monday, August 25th. The stock was acquired at an average cost of $3.96 per share, for a total transaction of $49,500.00. Following the completion of the purchase, the chief financial officer directly owned 402,216 shares in the company, valued at $1,592,775.36. This trade represents a 3.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders acquired 334,900 shares of company stock worth $1,321,840. 5.90% of the stock is owned by insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in COTY. Schonfeld Strategic Advisors LLC boosted its stake in Coty by 2.9% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 736,700 shares of the company’s stock valued at $2,976,000 after purchasing an additional 21,078 shares during the last quarter. Credit Agricole S A purchased a new position in shares of Coty during the third quarter valued at approximately $63,824,000. Virtu Financial LLC bought a new stake in Coty during the third quarter worth $84,000. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Coty by 13.8% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 112,245 shares of the company’s stock worth $453,000 after buying an additional 13,583 shares in the last quarter. Finally, Two Sigma Investments LP raised its position in Coty by 793.5% in the 3rd quarter. Two Sigma Investments LP now owns 4,401,554 shares of the company’s stock valued at $17,782,000 after buying an additional 3,908,955 shares during the last quarter. 42.36% of the stock is currently 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 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.
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