Coty - COTY Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coty in the last twelve months. There are currently 4 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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9 analysts have issued 12 month price targets for Coty's stock. Their COTY share price forecasts range from $7.00 to $15.00. On average, they anticipate the company's share price to reach $10.08 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
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Coty's stock was trading at $10.50 on January 1st, 2022. Since then, COTY stock has decreased by 23.1% and is now trading at $8.07.
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Coty saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 16,350,000 shares, a decline of 27.7% from the October 31st total of 22,600,000 shares. Based on an average daily volume of 7,040,000 shares, the days-to-cover ratio is currently 2.3 days. Currently, 4.9% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
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Coty Inc. (NYSE:COTY) announced its quarterly earnings results on Tuesday, November, 8th. The company reported $0.11 earnings per share (EPS) 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 trailing twelve-month return on equity of 9.47% and a net margin of 2.92%. Coty's revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.08 EPS.

Coty issued an update on its FY23 earnings guidance on Tuesday, November, 8th. The company provided earnings per share guidance of $0.32-0.33 for the period, compared to the consensus estimate of $0.32.

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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.23%), Vanguard Group Inc. (4.57%), Segall Bryant & Hamill LLC (1.23%), Dimensional Fund Advisors LP (1.13%), State Street Corp (1.11%) and BNP Paribas Arbitrage SNC (0.84%). 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, Sue Nabi and Sylvie Moreau.
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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 $8.07.

Coty (NYSE:COTY) has a market capitalization of $6.77 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.