Coty (NYSE:COTY) Posts Quarterly Earnings Results

Coty (NYSE:COTY) posted its quarterly earnings results on Tuesday. The company reported ($0.03) earnings per share (EPS) for the quarter, FiscalAI reports. Coty had a positive return on equity of 5.38% and a negative net margin of 9.13%.The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion.

Coty Stock Up 5.7%

Shares of NYSE COTY traded up $0.14 during mid-day trading on Tuesday, reaching $2.56. 13,947,911 shares of the company’s stock were exchanged, compared to its average volume of 8,395,512. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of -4.13, a PEG ratio of 0.48 and a beta of 1.06. The company has a current ratio of 0.79, a quick ratio of 0.52 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $2.28 and a 200 day simple moving average of $2.96. Coty has a twelve month low of $1.95 and a twelve month high of $5.34.

Key Coty News

Here are the key news stories impacting Coty this week:

• Positive Sentiment: Coty reported quarterly revenue of $1.28B, slightly above consensus, and management said cost cuts allow it to reinstate its annual profit target — a signal of operational levers to restore profitability. Q3 Press Release
• Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating with an $8 price target — a bullish analyst view that can attract buyers and support the rally. Benzinga / TickerReport
• Neutral Sentiment: The company reported EPS of ($0.03); while not profitable this quarter, adjusted metrics and management commentary on returning to EBITDA growth in H2 are focal points for investors assessing the recovery path. Q3 Press Release
• Neutral Sentiment: Coty announced a partnership with AI marketing platform Pencil to scale content production in Consumer Beauty — a strategic cost/marketing efficiency move but unlikely to move near-term fundamentals materially. Partnership Article
• Negative Sentiment: Management flagged a hit to sales from the conflict in the Middle East; WSJ and Reuters note a large $411.4M quarterly loss tied to that region, which pressures near-term revenue and margins. WSJ: Middle East Impact Reuters: Profit Target, Warnings
• Negative Sentiment: Multiple law firms have filed or are soliciting plaintiffs for securities class action suits alleging misstatements/concealment tied to recent performance and disclosures — this raises legal risk and potential financial exposure for shareholders. (Examples: Pomerantz, Hagens Berman, Bernstein Liebhard, Schall, Rosen, others.) Pomerantz Notice

Analysts Set New Price Targets

Several research firms have recently issued reports on COTY. Royal Bank Of Canada restated an “outperform” rating and issued a $8.00 price target on shares of Coty in a research report on Monday. Morgan Stanley set a $3.50 price target on Coty in a research report on Monday, February 9th. Weiss Ratings lowered Coty from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, April 29th. Citigroup decreased their target price on Coty from $3.50 to $3.00 and set a “neutral” rating for the company in a research note on Monday, February 9th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $2.50 price target on shares of Coty in a report on Monday, February 9th. One equities research analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Coty has a consensus rating of “Reduce” and a consensus target price of $3.90.

Insider Activity at Coty

In other Coty news, insider Bretten Gordon Von purchased 83,000 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $2.41 per share, with a total value of $200,030.00. Following the completion of the transaction, the insider directly owned 986,620 shares in the company, valued at $2,377,754.20. This trade represents a 9.19% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Coty

Institutional investors have recently modified their holdings of the company. Shay Capital LLC bought a new stake in shares of Coty in the second quarter valued at about $46,000. FORA Capital LLC acquired a new position in Coty during the second quarter valued at approximately $47,000. Vident Advisory LLC acquired a new position in Coty during the second quarter valued at approximately $50,000. United Capital Financial Advisors LLC acquired a new position in Coty during the third quarter valued at approximately $43,000. Finally, Headlands Technologies LLC acquired a new position in Coty during the second quarter valued at approximately $53,000. 42.36% of the stock is currently owned by institutional investors.

About Coty

Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.