Zacks Research Comments on Coty’s Q1 Earnings (NYSE:COTY)

Coty (NYSE:COTY) – Investment analysts at Zacks Research reduced their Q1 2027 earnings per share (EPS) estimates for shares of Coty in a note issued to investors on Thursday, February 19th. Zacks Research analyst Team now expects that the company will earn $0.13 per share for the quarter, down from their prior 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.

Other equities analysts have also issued research reports about the stock. Evercore lowered shares of Coty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 23rd. Santander cut shares of Coty to a “neutral” rating in a report on Tuesday, December 23rd. Royal Bank Of Canada lowered their price objective on shares of Coty from $10.00 to $8.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. Barclays cut their target price on Coty from $3.00 to $2.50 and set an “underweight” rating for the company in a research report on Monday, February 9th. Finally, Canaccord Genuity Group set a $2.50 price target on Coty in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, Coty presently has an average rating of “Reduce” and a consensus price target of $4.51.

Coty Price Performance

Shares of COTY opened at $2.62 on Friday. Coty has a one year low of $2.44 and a one year high of $6.13. The stock’s fifty day moving average is $3.05 and its 200-day moving average is $3.68. 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 capitalization of $2.30 billion, a price-to-earnings ratio of -4.22, a price-to-earnings-growth ratio of 0.34 and a beta of 0.95.

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

Hedge Funds Weigh In On Coty

A number of institutional investors have recently bought and sold shares of the stock. GAM Holding AG raised its holdings in shares of Coty by 109.7% during the third quarter. GAM Holding AG now owns 650,000 shares of the company’s stock valued at $2,626,000 after acquiring an additional 340,000 shares during the period. Edmond DE Rothschild Holding S.A. boosted its stake in Coty by 10.9% in the 2nd quarter. Edmond DE Rothschild Holding S.A. now owns 3,994,553 shares of the company’s stock worth $18,574,000 after purchasing an additional 392,720 shares during the period. Norges Bank purchased a new position in Coty during the 2nd quarter worth approximately $52,449,000. Assenagon Asset Management S.A. raised its stake in Coty by 6,340.5% during the 3rd quarter. Assenagon Asset Management S.A. now owns 2,883,926 shares of the company’s stock valued at $11,651,000 after purchasing an additional 2,839,148 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in Coty by 9.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 8,753,712 shares of the company’s stock valued at $35,365,000 after purchasing an additional 727,404 shares during the period. Hedge funds and other institutional investors 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.