Coty - COTY Stock Forecast, Price & News

8 Wall Street 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 analysts is that investors should "buy" COTY shares.
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8 brokers have issued 1 year price objectives for Coty's stock. Their COTY share price forecasts range from $8.00 to $12.50. On average, they expect the company's share price to reach $10.08 in the next year. This suggests a possible upside of 1.2% from the stock's current price.
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Coty's stock was trading at $8.56 at the beginning of the year. Since then, COTY shares have increased by 16.4% and is now trading at $9.96.
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Coty saw a increase in short interest in the month of 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 trading volume of 6,010,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 5.1% of the shares of the company are short sold.
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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) released its quarterly earnings results on Tuesday, November, 8th. The company reported $0.11 earnings per share for the quarter, meeting analysts' consensus estimates of $0.11. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Coty had a trailing twelve-month return on equity of 9.47% and a net margin of 2.92%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.08 earnings per share.

Coty issued an update on its FY 2023 earnings guidance on Thursday, December, 8th. The company provided EPS 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 a variety of retail and institutional investors. Top institutional shareholders include Yousif Capital Management LLC (0.02%), Strs Ohio (0.01%), Oregon Public Employees Retirement Fund (0.01%), Louisiana State Employees Retirement System (0.01%), Moody National Bank Trust Division (0.01%) and FNY Investment Advisers LLC (0.01%). 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 $9.96.

Coty (NYSE:COTY) has a market capitalization of $8.36 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.