Coty (NYSE:COTY) Upgraded at Zacks Research

by · The Cerbat Gem

Coty (NYSE:COTY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other equities analysts also recently weighed in on the company. Morgan Stanley reduced their target price on Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a research report on Monday, August 25th. Canaccord Genuity Group decreased their target price on shares of Coty from $5.00 to $4.00 and set a “hold” rating on the stock in a research report on Friday, August 22nd. Berenberg Bank reaffirmed a “hold” rating and set a $5.05 price target (down previously from $6.50) on shares of Coty in a research report on Wednesday, September 10th. Jefferies Financial Group downgraded shares of Coty from a “buy” rating to a “hold” rating and cut their price target for the stock from $6.00 to $4.00 in a research note on Thursday, August 21st. Finally, Wells Fargo & Company lowered their price objective on shares of Coty from $5.00 to $4.00 and set an “equal weight” rating for the company in a research note on Friday, August 22nd. Three equities research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $5.42.

View Our Latest Stock Report on Coty

Coty Stock Performance

NYSE COTY opened at $3.23 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 1.06. Coty has a fifty-two week low of $3.12 and a fifty-two week high of $8.04. The business has a fifty day moving average of $3.90 and a 200-day moving average of $4.46. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of -7.33, a price-to-earnings-growth ratio of 0.27 and a beta of 2.02.

Coty (NYSE:COTY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.58 billion. Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The company’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, analysts predict that Coty will post 0.39 earnings per share for the current fiscal year.

Insider Activity at Coty

In other Coty news, insider Kristin Blazewicz bought 29,400 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were acquired at an average price of $4.30 per share, with a total value of $126,420.00. Following the purchase, the insider owned 829,142 shares in the company, valued at approximately $3,565,310.60. The trade was a 3.68% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 5.90% of the company’s stock.

Institutional Trading of Coty

Large investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its stake in shares of Coty by 10.5% in the first quarter. Ameriprise Financial Inc. now owns 22,346,995 shares of the company’s stock valued at $122,239,000 after buying an additional 2,132,613 shares in the last quarter. Invesco Ltd. boosted its position in Coty by 28.8% in the 1st quarter. Invesco Ltd. now owns 1,761,954 shares of the company’s stock valued at $9,638,000 after buying an additional 393,971 shares during the last quarter. Jump Financial LLC grew its stake in shares of Coty by 662.1% during the first quarter. Jump Financial LLC now owns 956,471 shares of the company’s stock valued at $5,232,000 after acquiring an additional 830,969 shares in the last quarter. Nuveen LLC acquired a new position in shares of Coty in the first quarter worth about $4,044,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Coty by 14.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,535,430 shares of the company’s stock valued at $19,339,000 after purchasing an additional 450,413 shares during the last quarter. 42.36% of the stock is currently owned by institutional investors and hedge funds.

Coty Company Profile

(Get Free Report)

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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