Coty (NYSE:COTY) Sets New 1-Year Low – What’s Next?

Coty (NYSE:COTY)’s stock price reached a new 52-week low on Thursday . The company traded as low as $3.22 and last traded at $3.2350, with a volume of 5756637 shares changing hands. The stock had previously closed at $3.31.

Wall Street Analyst Weigh In

A number of brokerages recently commented on COTY. The Goldman Sachs Group decreased their price target on Coty from $6.00 to $4.50 and set a “neutral” rating on the stock in a research report on Friday, August 22nd. Royal Bank Of Canada reduced their price objective on shares of Coty from $12.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Friday, August 22nd. Bank of America decreased their target price on shares of Coty from $4.00 to $3.50 and set an “underperform” rating on the stock in a report on Friday, August 22nd. Barclays dropped their target price on shares of Coty from $4.50 to $3.50 and set an “underweight” rating for the company in a research report on Friday, August 22nd. Finally, Citigroup reiterated a “neutral” rating and set a $4.25 price target (down previously from $6.50) on shares of Coty in a research report on Thursday, August 21st. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Coty has an average rating of “Reduce” and a consensus price target of $5.63.

Coty Price Performance

The stock has a market cap of $2.76 billion, a P/E ratio of -7.16, a PEG ratio of 0.27 and a beta of 2.02. 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 business’s fifty day moving average price is $3.94 and its 200 day moving average price is $4.49.

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

Insider Buying and Selling at Coty

In other news, insider Kristin Blazewicz acquired 29,400 shares of Coty stock in a transaction that occurred on Wednesday, September 3rd. The shares were acquired at an average price of $4.30 per share, for a total transaction of $126,420.00. Following the transaction, the insider directly owned 829,142 shares of the company’s stock, valued at approximately $3,565,310.60. The trade was a 3.68% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Laurent Mercier bought 12,500 shares of the stock in a transaction on Monday, August 25th. The stock was purchased at an average cost of $3.96 per share, with a total value of $49,500.00. Following the acquisition, the chief financial officer owned 402,216 shares in the company, valued at approximately $1,592,775.36. This represents a 3.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 44,900 shares of company stock valued at $187,440 over the last quarter. Company insiders own 5.90% of the company’s stock.

Institutional Trading of Coty

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Coty by 2.6% during the third quarter. Vanguard Group Inc. now owns 37,704,142 shares of the company’s stock worth $152,325,000 after purchasing an additional 964,040 shares during the last quarter. BNP Paribas Financial Markets boosted its position in Coty by 0.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 34,460,292 shares of the company’s stock worth $160,240,000 after buying an additional 267,261 shares during the period. Ameriprise Financial Inc. boosted its position in Coty by 10.5% during the 1st quarter. Ameriprise Financial Inc. now owns 22,346,995 shares of the company’s stock worth $122,239,000 after buying an additional 2,132,613 shares during the period. Credit Agricole S A bought a new stake in Coty during the 3rd quarter worth approximately $63,824,000. Finally, Norges Bank acquired a new position in Coty in the 2nd quarter valued at approximately $52,449,000. 42.36% of the stock is owned by institutional investors and hedge funds.

About Coty

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.