Royal Bank Of Canada Reaffirms Outperform Rating for Coty (NYSE:COTY)

Coty (NYSE:COTY)‘s stock had its “outperform” rating reaffirmed by research analysts at Royal Bank Of Canada in a note issued to investors on Tuesday,Benzinga reports. They currently have a $10.00 price target on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 211.04% from the company’s current price.

COTY has been the subject of several other reports. Barclays set a $3.00 target price on Coty in a research report on Friday, January 16th. Rothschild & Co Redburn began coverage on Coty in a research note on Tuesday, November 25th. They issued a “neutral” rating and a $3.60 price objective on the stock. Canaccord Genuity Group set a $3.50 price objective on shares of Coty in a research note on Monday. Redburn Partners set a $3.60 price objective on shares of Coty in a research report on Tuesday, November 25th. Finally, Santander downgraded Coty to a “neutral” rating in a research report on Tuesday, December 23rd. Three investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Coty has a consensus rating of “Hold” and an average target price of $5.20.

Coty Stock Performance

COTY traded down $0.03 during trading on Tuesday, hitting $3.22. The stock had a trading volume of 2,119,499 shares, compared to its average volume of 6,750,635. The company has a 50 day moving average price of $3.21 and a 200-day moving average price of $3.87. The firm has a market cap of $2.81 billion, a price-to-earnings ratio of -6.97, a P/E/G ratio of 0.22 and a beta of 0.95. Coty has a one year low of $2.94 and a one year high of $7.10. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.85 and a quick ratio of 0.54.

Coty (NYSE:COTY) last released its earnings results on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.58 billion. Coty had a negative net margin of 6.60% and a positive return on equity of 4.74%. The business’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.15 earnings per share. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, research analysts predict that Coty will post 0.39 EPS for the current year.

Institutional Investors Weigh In On Coty

A number of institutional investors and hedge funds have recently bought and sold shares of COTY. Robeco Institutional Asset Management B.V. acquired a new stake in shares of Coty during the fourth quarter worth about $32,000. United Capital Financial Advisors LLC acquired a new position in shares of Coty in the 3rd quarter valued at $43,000. Shay Capital LLC acquired a new stake in Coty during the 2nd quarter worth $46,000. Amplius Wealth Advisors LLC purchased a new position in shares of Coty during the third quarter worth about $47,000. Finally, R Squared Ltd acquired a new position in Coty during the fourth quarter worth approximately $47,000. 42.36% of the stock is owned by institutional investors.

Coty Company Profile

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.