Coty (COTY) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coty in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COTY shares.
View COTY analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued twelve-month price targets for Coty's stock. Their COTY share price forecasts range from $8.25 to $15.00. On average, they predict the company's stock price to reach $12.44 in the next twelve months. This suggests a possible upside of 5.9% 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 the year. Since then, COTY stock has increased by 37.3% and is now trading at $11.75.
View the best growth stocks for 2023 here.

Coty saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 18,300,000 shares, an increase of 12.0% from the April 30th total of 16,340,000 shares. Based on an average trading volume of 5,280,000 shares, the short-interest ratio is presently 3.5 days. Approximately 5.4% of the company's shares are sold short.
View Coty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023.
View our COTY earnings forecast.

Coty Inc. (NYSE:COTY) posted its earnings results on Tuesday, May, 9th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.16. The firm earned $1.29 billion during the quarter, compared to the consensus estimate of $1.23 billion. Coty had a net margin of 3.55% and a trailing twelve-month return on equity of 12.81%. The firm's quarterly revenue was up 8.7% compared to the same quarter last year. During the same period last year, the business posted $0.03 earnings per share.

ETFs with the largest weight of Coty (NYSE:COTY) stock in their portfolio include Adaptiv Select ETF (ADPV), Invesco DWA Consumer Staples Momentum ETF (PSL), Pinnacle Focused Opportunities ETF (FCUS), Pacer US Export Leaders ETF (PEXL), Syntax Stratified MidCap ETF (SMDY), Hypatia Women CEO ETF (WCEO), First Trust BuyWrite Income ETF (FTHI) and iShares S&P Mid-Cap 400 Value ETF (IJJ).

Coty (NYSE:COTY) pays an annual dividend of $0.50 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 250.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, COTY will have a dividend payout ratio of 106.38% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for COTY.

Coty updated its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided earnings per share guidance of $0.38-$0.39 for the period, compared to the consensus earnings per share estimate of $0.37. 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.75%), Banco Santander S.A. (2.43%), Clearbridge Investments LLC (1.96%), Ameriprise Financial Inc. (1.27%), State Street Corp (1.17%) and Dimensional Fund Advisors LP (1.11%). 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 $11.75.

Coty (NYSE:COTY) has a market capitalization of $10.02 billion and generates $5.37 billion in revenue each year. The company earns $259.50 million in net income (profit) each year or $0.20 on an earnings per share basis.

The company employs 11,012 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.