Coty (COTY) Stock Forecast, Price & News

11 Wall Street 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 analysts is that investors should "buy" COTY 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 $8.25 to $15.00. On average, they anticipate the company's share price to reach $12.44 in the next twelve months. This suggests a possible upside of 13.2% 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 shares have increased by 28.4% and is now trading at $10.99.
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Coty saw a increase in short interest in 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 daily volume of 5,280,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 5.4% 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 Thursday, August 24th 2023.
View our COTY earnings forecast.

Coty Inc. (NYSE:COTY) released its quarterly earnings results on Tuesday, May, 9th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.03 by $0.16. The firm earned $1.29 billion during the quarter, compared to analysts' expectations of $1.23 billion. Coty had a trailing twelve-month return on equity of 12.81% and a net margin of 3.55%. The business's revenue for the quarter was up 8.7% on a year-over-year basis. During the same quarter last year, the business earned $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 issued an update on its FY 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS 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 $10.99.

Coty (NYSE:COTY) has a market capitalization of $9.37 billion and generates $5.30 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.