Coty - COTY Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coty in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" COTY shares.
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8 brokerages have issued 1-year target prices for Coty's stock. Their COTY share price forecasts range from $8.00 to $12.50. On average, they anticipate the company's stock price to reach $10.08 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
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Coty's stock was trading at $8.56 at the start of the year. Since then, COTY shares have increased by 18.6% and is now trading at $10.15.
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Coty saw a increase in short interest in December. As of December 30th, there was short interest totaling 17,130,000 shares, an increase of 23.0% from the December 15th total of 13,930,000 shares. Based on an average daily volume of 6,010,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 5.1% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
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Coty will be holding an earnings conference call on Wednesday, February 8th at 8:15 AM Eastern. Interested parties can register for or listen to the call using this link.

Coty Inc. (NYSE:COTY) announced its quarterly earnings results on Tuesday, November, 8th. The company reported $0.11 earnings per share for the quarter, hitting the consensus estimate of $0.11. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Coty had a net margin of 2.92% and a trailing twelve-month return on equity of 9.47%. The business's quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.08 earnings per share.

Coty updated its FY 2023 earnings guidance on Thursday, December, 8th. The company provided earnings per share guidance of $0.32-$0.33 for the period, compared to the consensus earnings per share estimate of $0.32. 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 many different retail and institutional investors. Top institutional shareholders include Natixis Advisors L.P. (0.25%), Vaughan Nelson Investment Management L.P. (0.15%), Hardman Johnston Global Advisors LLC (0.14%), M&G Investment Management Ltd. (0.13%), New York State Teachers Retirement System (0.05%) and Illinois Municipal Retirement Fund (0.04%). Insiders that own company stock include Bayern Anna Von, Beatrice Ballini, Bretten Gordon Von, Giovanni Pieraccioni, 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 $10.15.

Coty (NYSE:COTY) has a market capitalization of $8.52 billion and generates $5.30 billion in revenue each year. The company earns $259.50 million in net income (profit) each year or $0.10 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.