Coty (COTY) Stock Forecast, Price & News

11 Wall Street research 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 research 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 brokers have issued 12-month target prices for Coty's shares. Their COTY share price forecasts range from $11.00 to $15.00. On average, they expect the company's stock price to reach $13.02 in the next twelve months. This suggests a possible upside of 16.8% from the stock's current price.
View analysts price targets for COTY or view top-rated stocks among Wall Street analysts.

Coty's stock was trading at $8.56 at the beginning of 2023. Since then, COTY shares have increased by 30.2% and is now trading at $11.1450.
View the best growth stocks for 2023 here.

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 trading volume of 4,540,000 shares, the short-interest ratio is currently 4.5 days. Approximately 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 (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.01. The business earned $1.35 billion during the quarter, compared to analyst estimates of $1.31 billion. Coty had a net margin of 9.15% and a trailing twelve-month return on equity of 12.66%. The firm's quarterly revenue was up 15.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) EPS.

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 updated its FY 2024 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share guidance of $0.44-$0.47 for the period, compared to the consensus earnings per share 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."

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 $11.15.

Coty (NYSE:COTY) has a market capitalization of $9.50 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.