Coty (NYSE:COTY – Free Report) had its price objective upped by Citigroup from $2.50 to $2.80 in a research note published on Thursday morning,Benzinga reports. Citigroup currently has a neutral rating on the stock.
Several other equities research analysts have also issued reports on the stock. Canaccord Genuity Group set a $2.50 price objective on shares of Coty in a research note on Monday, February 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $2.50 target price on shares of Coty in a report on Monday, February 9th. Weiss Ratings downgraded shares of Coty from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, April 29th. Morgan Stanley set a $2.50 price objective on shares of Coty in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of Coty from $3.00 to $2.00 and set a “hold” rating on the stock in a research note on Monday, March 30th. One analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Coty has an average rating of “Reduce” and a consensus price target of $3.70.
Check Out Our Latest Analysis on COTY
Coty Trading Down 5.4%
Coty (NYSE:COTY – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.03) earnings per share for the quarter. Coty had a positive return on equity of 4.59% and a negative net margin of 9.20%.The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the firm posted $0.01 earnings per share. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. On average, research analysts predict that Coty will post 0.23 EPS for the current fiscal year.
Insider Activity
In related news, insider Bretten Gordon Von bought 83,000 shares of Coty stock in a transaction dated Friday, March 6th. The shares were bought at an average cost of $2.41 per share, for a total transaction of $200,030.00. Following the completion of the transaction, the insider owned 986,620 shares of the company’s stock, valued at approximately $2,377,754.20. This trade represents a 9.19% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 5.90% of the company’s stock.
Hedge Funds Weigh In On Coty
A number of large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in Coty by 5.8% in the fourth quarter. Vanguard Group Inc. now owns 39,903,562 shares of the company’s stock valued at $122,903,000 after buying an additional 2,199,420 shares during the period. BNP Paribas Financial Markets raised its holdings in Coty by 0.8% in the second quarter. BNP Paribas Financial Markets now owns 34,460,292 shares of the company’s stock worth $160,240,000 after purchasing an additional 267,261 shares during the period. Credit Agricole S A acquired a new stake in Coty in the third quarter worth $63,824,000. Dimensional Fund Advisors LP increased its position in shares of Coty by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 13,938,505 shares of the company’s stock worth $42,933,000 after acquiring an additional 60,951 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Coty during the fourth quarter worth $41,867,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.
Key Stories Impacting Coty
Here are the key news stories impacting Coty this week:
- Positive Sentiment: Citigroup raised its price target from $2.50 to $2.80 (keeps a Neutral rating), citing valuation/headroom that implies modest upside versus the current share level. Article Title
- Positive Sentiment: Some broker research shows higher upside scenarios (one note sets a $3.90 target), which could support a recovery if results or guidance stabilize. Article Title
- Neutral Sentiment: Canaccord reaffirmed a Hold and maintained a $2.50 target, reflecting mixed fundamentals and limited near-term conviction among some sell-side analysts. Article Title
- Neutral Sentiment: Investor write-ups and earnings materials (earnings presentation and call transcript) are available for deeper review; these provide detail on margin drivers and the company’s reset but have not yet produced a clear turnaround signal. Article Title
- Negative Sentiment: Multiple securities-class-action complaints and law-firm alerts have been filed/announced (Hagens Berman, Pomerantz, Bernstein Liebhard, Rosen, Bronstein), tied to a surprise profit decline, CEO exit and withdrawn guidance — litigation risk and potential damages/settlement uncertainty weigh on sentiment. Article Title
- Negative Sentiment: Q3 results showed a wider loss and a revenue decline (reported ~7% Y/Y in some outlets); tariffs, weaker demand and regional disruptions pressured margins — fundamentals remain challenged. Article Title
- Negative Sentiment: Operational notes — management described a sellout-led reset and said small commodity moves (e.g., a $1 oil change) had an incremental profit impact — signaling fragile near-term margins. Article Title
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.
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