Coty (NYSE:COTY) Stock Rating Raised to Hold at Zacks Research

Zacks Research upgraded shares of Coty (NYSE:COTY) from a strong sell rating to a hold rating in a research note released on Thursday,Zacks reports.

Several other equities analysts also recently weighed in on COTY. The Goldman Sachs Group restated a “neutral” rating and issued a $2.60 target price on shares of Coty in a research report on Thursday, August 20th. Royal Bank Of Canada boosted their price target on Coty from $3.00 to $3.50 and gave the stock a “sector perform” rating in a research report on Friday. Wall Street Zen raised Coty from a “hold” rating to a “buy” rating in a research note on Saturday. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $3.00 price objective on shares of Coty in a report on Friday, August 21st. Finally, Weiss Ratings cut shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, October 30th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $3.25.

Coty Price Performance

Shares of NYSE COTY traded up $0.12 during trading on Thursday, hitting $4.03. The company had a trading volume of 7,947,986 shares, compared to its average volume of 4,972,466. The stock has a fifty day simple moving average of $2.94 and a two-hundred day simple moving average of $2.55. Coty has a fifty-two week low of $1.82 and a fifty-two week high of $4.10. The firm has a market capitalization of $3.54 billion, a price-to-earnings ratio of -6.19, a price-to-earnings-growth ratio of 0.67 and a beta of 0.83. The company has a quick ratio of 0.42, a current ratio of 0.75 and a debt-to-equity ratio of 0.96.

Coty (NYSE:COTY) last released its quarterly earnings results on Wednesday, November 4th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.53 billion. Coty had a negative net margin of 10.42% and a positive return on equity of 5.68%. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 EPS. On average, research analysts expect that Coty will post 0.31 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in COTY. Moss Adams Wealth Advisors LLC purchased a new position in Coty during the third quarter worth approximately $29,000. Gryphon Financial Partners LLC purchased a new stake in Coty in the 3rd quarter valued at $29,000. AlphaGrep UK Ltd purchased a new stake in Coty in the 2nd quarter valued at $25,000. Elmwood Wealth Management Inc. purchased a new stake in Coty in the 3rd quarter valued at $34,000. Finally, Vise Technologies Inc. acquired a new stake in shares of Coty in the 3rd quarter worth $36,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Key Coty News

Here are the key news stories impacting Coty this week:

• Positive Sentiment: Fiscal Q1 adjusted earnings were $0.16 per share, ahead of the $0.12 consensus, while revenue of $1.56 billion also topped expectations. Coty said its core Prestige brands returned to growth, narrowing the overall sales decline. Coty reports narrower sales decline
• Positive Sentiment: Stronger cash flow and lower debt offered some support amid the turnaround, according to earnings coverage. Coty Q1 earnings coverage
• Neutral Sentiment: Management indicated it expects to complete its strategic review by the end of 2026; coverage also cited a $400 million Gucci deal. The outcome of the review remains uncertain. Strategic review and Gucci deal
• Negative Sentiment: Revenue still fell year over year and margins weakened, highlighting ongoing pressure despite the earnings beat. Coty Q1 sales and margins
• Negative Sentiment: RBC raised its price target to $3.50 but maintained a “sector perform” rating; that target is below the cited $4.03 share price. Another analysis characterized Coty as trading above estimated fair value, adding valuation concerns. RBC target update Coty fair value analysis

Coty Company Profile

Coty Inc is a global beauty company that develops, manufactures and markets fragrances, cosmetics, skin care and body-care products. Its portfolio includes luxury, prestige and mass-market brands, with products sold through department stores, specialty retailers, e-commerce platforms and other distribution channels.

The company’s brands have included CoverGirl, Rimmel London, Max Factor, Bourjois, Gucci Beauty, Calvin Klein, Marc Jacobs, Burberry, Hugo Boss and Chloé, among others. Coty also participates in professional beauty through hair-care and salon brands, including the Wella portfolio.

Founded in Paris in 1904 by François Coty, the company built its early reputation in fragrance before expanding into broader beauty categories and international markets.