Coty (NYSE:COTY) Reaches New 1-Year Low – Here’s What Happened

Shares of Coty (NYSE:COTY) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $1.95 and last traded at $1.9550, with a volume of 2896978 shares trading hands. The stock had previously closed at $2.01.

Trending Headlines about Coty

Here are the key news stories impacting Coty this week:

• Negative Sentiment: Multiple law firms issued reminders about the upcoming May 22 lead-plaintiff deadline in the securities class action against Coty, keeping allegations of misleading disclosures and investor losses in the spotlight. Article Title
• Negative Sentiment: The lawsuits allege Coty concealed deteriorating business trends, including weaker Consumer Beauty performance, margin compression from higher marketing spend, and slowing growth in Prestige fragrances, which could weigh on investor confidence. Article Title
• Neutral Sentiment: The legal notices do not add new operational guidance or earnings details, but they keep attention on Coty’s earlier February earnings report and CEO departure, which were already tied to the lawsuit. Article Title

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $8.00 target price on shares of Coty in a research report on Monday, May 4th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Coty from $3.00 to $2.00 and set a “hold” rating for the company in a report on Monday, March 30th. The Goldman Sachs Group reiterated a “neutral” rating and set a $2.50 price objective on shares of Coty in a research note on Monday, February 9th. Weiss Ratings lowered shares of Coty from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley set a $2.50 price objective on shares of Coty in a research note on Thursday, May 7th. One research analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $3.70.

Coty Price Performance

The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of -3.14, a price-to-earnings-growth ratio of 0.49 and a beta of 1.06. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.82 and a quick ratio of 0.49. The business has a fifty day moving average price of $2.24 and a 200 day moving average price of $2.83.

Coty (NYSE:COTY) last issued its quarterly earnings results on Tuesday, May 5th. The company reported ($0.03) EPS for the quarter. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. Coty had a negative net margin of 9.20% and a positive return on equity of 4.59%. Coty’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the business posted $0.01 earnings per share. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. On average, research analysts expect that Coty will post 0.22 earnings per share for the current fiscal year.

Insider Buying and Selling at Coty

In related news, insider Bretten Gordon Von purchased 83,000 shares of Coty stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $2.41 per share, with a total value of $200,030.00. Following the purchase, the insider owned 986,620 shares in the company, valued at approximately $2,377,754.20. The trade was a 9.19% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 5.90% of the company’s stock.

Institutional Trading of Coty

Institutional investors have recently made changes to their positions in the stock. Corient Private Wealth LLC boosted its holdings in shares of Coty by 16.6% during the 2nd quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock worth $75,000 after buying an additional 2,286 shares during the period. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Coty by 3.1% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock worth $425,000 after buying an additional 3,138 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in shares of Coty by 3.2% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 117,781 shares of the company’s stock worth $476,000 after buying an additional 3,616 shares during the period. Osaic Holdings Inc. increased its stake in shares of Coty by 30.5% in the second quarter. Osaic Holdings Inc. now owns 15,795 shares of the company’s stock worth $73,000 after purchasing an additional 3,689 shares during the period. Finally, Aigen Investment Management LP increased its stake in shares of Coty by 6.1% in the fourth quarter. Aigen Investment Management LP now owns 76,048 shares of the company’s stock worth $234,000 after purchasing an additional 4,357 shares during the period. 42.36% of the stock is owned by institutional investors and hedge funds.

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.