Coty (NYSE:COTY) Reaches New 12-Month Low – Here’s What Happened

Shares of Coty (NYSE:COTY) hit a new 52-week low during trading on Friday . The company traded as low as $3.52 and last traded at $3.5250, with a volume of 1009143 shares trading hands. The stock had previously closed at $3.63.

Wall Street Analysts Forecast Growth

COTY has been the subject of several research analyst reports. Evercore ISI reduced their price objective on shares of Coty from $10.00 to $7.00 and set an “outperform” rating for the company in a report on Thursday, August 21st. Wells Fargo & Company decreased their target price on shares of Coty from $5.00 to $4.00 and set an “equal weight” rating for the company in a report on Friday, August 22nd. The Goldman Sachs Group dropped 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. Morgan Stanley lowered their price target on shares of Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a report on Monday, August 25th. Finally, Barclays dropped their price objective on Coty from $4.50 to $3.50 and set an “underweight” rating on the stock in a report on Friday, August 22nd. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $5.63.

Coty Trading Down 2.3%

The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 1.06. The business has a fifty day moving average price of $4.05 and a 200 day moving average price of $4.56. The company has a market capitalization of $3.09 billion, a P/E ratio of -8.06, a price-to-earnings-growth ratio of 0.27 and a beta of 2.02.

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

Insider Activity at Coty

In other news, CFO Laurent Mercier purchased 12,500 shares of the business’s stock in a transaction on Monday, August 25th. The shares were acquired at an average price of $3.96 per share, with a total value of $49,500.00. Following the acquisition, the chief financial officer directly owned 402,216 shares in the company, valued at approximately $1,592,775.36. The trade was a 3.21% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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. In the last 90 days, insiders have purchased 334,900 shares of company stock worth $1,321,840. 5.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Coty

Several large investors have recently bought and sold shares of the business. UMB Bank n.a. lifted its position in Coty by 137.1% during the second quarter. UMB Bank n.a. now owns 6,851 shares of the company’s stock valued at $32,000 after purchasing an additional 3,962 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Coty by 1,006.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 7,304 shares of the company’s stock valued at $40,000 after acquiring an additional 6,644 shares during the last quarter. Shay Capital LLC bought a new stake in shares of Coty during the 2nd quarter valued at about $46,000. Amplius Wealth Advisors LLC purchased a new stake in shares of Coty during the 3rd quarter valued at about $47,000. Finally, FORA Capital LLC bought a new position in shares of Coty in the 2nd quarter worth approximately $47,000. 42.36% of the stock is currently owned by institutional investors.

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.