Coty (NYSE:COTY) Issues FY25 Earnings Guidance

Coty (NYSE:COTY) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.54-$0.57 for the period, compared to the consensus earnings per share estimate of $0.56. Coty also updated its FY 2025 guidance to 0.540-0.540 EPS.

Analysts Set New Price Targets

COTY has been the topic of several research reports. Barclays reduced their target price on Coty from $10.00 to $8.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 16th. Piper Sandler cut their target price on shares of Coty from $15.00 to $13.00 and set an “overweight” rating for the company in a report on Thursday, July 11th. Bank of America decreased their price target on shares of Coty from $15.00 to $14.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Canaccord Genuity Group reissued a “buy” rating and issued a $14.00 price objective on shares of Coty in a research note on Tuesday, October 15th. Finally, Wells Fargo & Company decreased their target price on shares of Coty from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Six research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $12.15.

Coty Stock Down 1.5 %

COTY stock traded down $0.11 on Wednesday, hitting $7.43. 11,266,827 shares of the company’s stock were exchanged, compared to its average volume of 4,149,633. The firm has a 50 day moving average price of $8.70 and a two-hundred day moving average price of $9.66. Coty has a 12-month low of $7.34 and a 12-month high of $13.30. The stock has a market cap of $6.45 billion, a P/E ratio of 94.25, a price-to-earnings-growth ratio of 1.09 and a beta of 1.91. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.46 and a current ratio of 0.75.

Coty (NYSE:COTY) last announced its quarterly earnings data on Tuesday, August 20th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). Coty had a net margin of 1.46% and a return on equity of 8.05%. The firm had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the company posted $0.01 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. As a group, equities research analysts expect that Coty will post 0.55 EPS for the current fiscal year.

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.