Coty (NYSE:COTY) Stock Rating Upgraded by Zacks Research

Coty (NYSE:COTY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

COTY has been the topic of several other research reports. Rothschild & Co Redburn began coverage on Coty in a research note on Tuesday. They issued a “neutral” rating and a $3.60 price target on the stock. Evercore ISI decreased their target price on shares of Coty from $10.00 to $7.00 and set an “outperform” rating on the stock in a research report on Thursday, August 21st. Wells Fargo & Company dropped their price target on shares of Coty from $5.00 to $4.00 and set an “equal weight” rating for the company in a research report on Friday, August 22nd. Bank of America reduced their price target on shares of Coty from $4.00 to $3.50 and set an “underperform” rating on the stock in a research note on Friday, August 22nd. Finally, Canaccord Genuity Group decreased their price objective on shares of Coty from $5.00 to $4.00 and set a “hold” rating on the stock in a report on Friday, August 22nd. Three analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $5.42.

Coty Trading Up 1.4%

NYSE:COTY traded up $0.05 on Monday, hitting $3.28. The stock had a trading volume of 282,110 shares, compared to its average volume of 7,755,899. The company has a fifty day moving average price of $3.90 and a two-hundred day moving average price of $4.46. Coty has a 1-year low of $3.12 and a 1-year high of $8.04. 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 stock has a market cap of $2.86 billion, a price-to-earnings ratio of -7.44, a PEG ratio of 0.27 and a beta of 2.02.

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

Insider Activity

In other Coty news, insider Kristin Blazewicz acquired 29,400 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was acquired at an average price of $4.30 per share, with a total value of $126,420.00. Following the completion of the purchase, the insider owned 829,142 shares in the company, valued at $3,565,310.60. This trade represents a 3.68% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.90% of the company’s stock.

Institutional Investors Weigh In On Coty

A number of hedge funds have recently added to or reduced their stakes in the business. UMB Bank n.a. boosted its position in Coty by 137.1% in the 2nd quarter. UMB Bank n.a. now owns 6,851 shares of the company’s stock valued at $32,000 after buying an additional 3,962 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in Coty by 1,006.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 7,304 shares of the company’s stock worth $40,000 after purchasing an additional 6,644 shares during the period. United Capital Financial Advisors LLC purchased a new position in shares of Coty in the 3rd quarter valued at about $43,000. Shay Capital LLC purchased a new stake in shares of Coty during the second quarter worth approximately $46,000. Finally, Amplius Wealth Advisors LLC purchased a new position in Coty in the third quarter worth approximately $47,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

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.