Coty - COTY Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Coty in the last twelve months. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" COTY shares.
View COTY analyst ratings or view top-rated stocks.

10 brokers have issued 1 year target prices for Coty's stock. Their COTY share price forecasts range from $8.00 to $15.00. On average, they predict the company's stock price to reach $11.93 in the next twelve months. This suggests that the stock has a possible downside of 1.1%.
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 stock has increased by 40.9% and is now trading at $12.06.
View the best growth stocks for 2023 here.

Coty saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 17,000,000 shares, a decrease of 15.3% from the February 13th total of 20,060,000 shares. Based on an average daily trading volume, of 5,980,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 5.0% of the shares of the company are sold short.
View Coty's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our COTY earnings forecast.

Coty Inc. (NYSE:COTY) issued its earnings results on Wednesday, February, 8th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.07. The company earned $1.52 billion during the quarter, compared to analyst estimates of $1.50 billion. Coty had a net margin of 2.51% and a trailing twelve-month return on equity of 8.83%. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the company earned $0.17 EPS.

ETFs with the largest weight of Coty (NYSE:COTY) stock in their portfolio include Pacer US Export Leaders ETF (PEXL), Syntax Stratified MidCap ETF (SMDY), Invesco Zacks Mid-Cap ETF (CZA), First Trust BuyWrite Income ETF (FTHI), SPDR S&P 400 Mid Cap Value ETF (MDYV), iShares S&P Mid-Cap 400 Value ETF (IJJ), Invesco S&P MidCap 400 Revenue ETF (RWK) and First Trust Consumer Discretionary AlphaDEX Fund (FXD).

Coty updated its FY23 earnings guidance on Tuesday, February, 21st. The company provided earnings per share guidance of $0.35-0.36 for the period, compared to the consensus estimate of $0.37.

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.
Compare Top Brokerages Here.

One share of COTY stock can currently be purchased for approximately $12.06.

Coty (NYSE:COTY) has a market capitalization of $10.28 billion and generates $5.30 billion in revenue each year. The company earns $259.50 million in net income (profit) each year or $0.14 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.