Coty (COTY) Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coty in the last twelve months. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" COTY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COTY, but not buy additional shares or sell existing shares.
View COTY analyst ratings or view top-rated stocks.

11 Wall Street analysts have issued 1-year target prices for Coty's shares. Their COTY share price forecasts range from $11.00 to $15.00. On average, they anticipate the company's stock price to reach $13.02 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price.
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Coty's stock was trading at $8.56 at the beginning of 2023. Since then, COTY stock has increased by 28.6% and is now trading at $11.01.
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Coty saw a increase in short interest in August. As of August 15th, there was short interest totaling 20,620,000 shares, an increase of 6.3% from the July 31st total of 19,390,000 shares. Based on an average daily volume of 4,540,000 shares, the days-to-cover ratio is presently 4.5 days. Currently, 5.7% of the shares of the stock are sold short.
View Coty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our COTY earnings forecast.

Coty Inc. (NYSE:COTY) announced its earnings results on Tuesday, August, 22nd. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.01. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.31 billion. Coty had a net margin of 9.15% and a trailing twelve-month return on equity of 12.66%. The business's revenue for the quarter was up 15.7% on a year-over-year basis. During the same period last year, the business earned ($0.01) earnings per share.

ETFs with the largest weight of Coty (NYSE:COTY) stock in their portfolio include Adaptiv Select ETF (ADPV), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Syntax Stratified MidCap ETF (SMDY), First Trust Long/Short Equity ETF (FTLS) and Fidelity MSCI Consumer Staples Index ETF (FSTA).Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ).

Coty issued an update on its FY 2024 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of $0.44-$0.47 for the period, compared to the consensus estimate of $0.48. The company issued revenue guidance of -.

136 employees have rated Coty Chief Executive Officer Pierre Laubies on Glassdoor.com. Pierre Laubies has an approval rating of 44% among the company's employees. This puts Pierre Laubies in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Coty investors own include AT&T (T), Bank of America (BAC), Altria Group (MO), Intelsat (I), Ford Motor (F), General Electric (GE), Exxon Mobil (XOM), Procter & Gamble (PG), Coca-Cola (KO) and Energy Transfer (ET).

Coty trades on the New York Stock Exchange (NYSE) under the ticker symbol "COTY."

Coty's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.25%), Credit Agricole S A (3.13%), Banco Santander S.A. (3.08%), Clearbridge Investments LLC (1.68%), State Street Corp (1.17%) and Dimensional Fund Advisors LP (1.13%). Insiders that own company stock include Bayern Anna Von, Beatrice Ballini, Bretten Gordon Von, Holdco BV Cottage, Johannes P Huth, Maria Asunicion Aramburuzabala, Olivier Goudet, Rainbow Aggregator LP Kkr, Robert S Singer, Robert S Singer and Sue Nabi.
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Shares of COTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of COTY stock can currently be purchased for approximately $11.01.

Coty (NYSE:COTY) has a market capitalization of $9.39 billion and generates $5.55 billion in revenue each year. The company earns $508.20 million in net income (profit) each year or $0.57 on an earnings per share basis.

The company employs 11,350 workers across the globe.

Coty's mailing address is 350 FIFTH AVENUE, NEW YORK NY, 10118. The official website for the company is www.coty.com. The company can be reached via phone at (212) 389-7300, via email at olga_levinzon@cotyinc.com, or via fax at 212-479-4383.