Coty (NYSE:COTY) Sets New 1-Year Low – Here’s Why

Coty (NYSE:COTY)’s stock price reached a new 52-week low on Friday . The company traded as low as $3.65 and last traded at $3.7250, with a volume of 228425 shares traded. The stock had previously closed at $3.72.

Analysts Set New Price Targets

COTY has been the topic of a number of recent research reports. Bank of America reduced their price target on shares of Coty from $4.00 to $3.50 and set an “underperform” rating on the stock in a research report on Friday, August 22nd. Berenberg Bank reissued a “hold” rating and issued a $5.05 price target (down from $6.50) on shares of Coty in a research note on Wednesday, September 10th. Barclays reduced their price objective on Coty from $4.50 to $3.50 and set an “underweight” rating on the stock in a research note on Friday, August 22nd. Canaccord Genuity Group decreased their price target on Coty from $5.00 to $4.00 and set a “hold” rating on the stock in a research note on Friday, August 22nd. Finally, Morgan Stanley dropped their price objective on Coty from $5.00 to $4.25 and set an “equal weight” rating for the company in a research note on Monday, August 25th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $6.06.

Coty Stock Down 0.7%

The company has a debt-to-equity ratio of 1.06, a current ratio of 0.77 and a quick ratio of 0.46. The stock has a market capitalization of $3.22 billion, a PE ratio of -8.40, a PEG ratio of 0.27 and a beta of 2.02. The company has a 50 day moving average price of $4.12 and a 200-day moving average price of $4.61.

Coty (NYSE:COTY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The business’s revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, analysts forecast that Coty will post 0.39 earnings per share for the current fiscal year.

Insider Activity at Coty

In related news, CFO Laurent Mercier acquired 12,500 shares of the stock in a transaction on Monday, August 25th. The stock was acquired at an average cost of $3.96 per share, for a total transaction of $49,500.00. Following the completion of the acquisition, the chief financial officer directly owned 402,216 shares of the company’s stock, valued at approximately $1,592,775.36. This represents a 3.21% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sue Nabi bought 260,000 shares of Coty stock in a transaction on Friday, August 22nd. The shares were purchased at an average price of $3.92 per share, for a total transaction of $1,019,200.00. Following the acquisition, the chief executive officer directly owned 32,127,286 shares in the company, valued at approximately $125,938,961.12. This trade represents a 0.82% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders bought 334,900 shares of company stock worth $1,321,840. 5.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in Coty by 140.2% in the first quarter. GAMMA Investing LLC now owns 5,506 shares of the company’s stock worth $30,000 after purchasing an additional 3,214 shares during the period. Teacher Retirement System of Texas purchased a new stake in shares of Coty in the 1st quarter worth about $313,000. Principal Financial Group Inc. increased its holdings in Coty by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 844,292 shares of the company’s stock worth $4,618,000 after buying an additional 5,272 shares in the last quarter. Cerity Partners LLC bought a new position in shares of Coty during the 1st quarter valued at approximately $237,000. Finally, New York State Common Retirement Fund lifted its position in Coty by 4.5% in the first quarter. New York State Common Retirement Fund now owns 223,116 shares of the company’s stock worth $1,220,000 after buying an additional 9,583 shares during the last quarter. Hedge funds and other institutional investors own 42.36% of the company’s stock.

Coty Company Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.