Coty (NYSE:COTY) Updates FY25 Earnings Guidance

Coty (NYSE:COTY) updated its FY25 earnings guidance on Wednesday. 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.

Coty Stock Down 1.2 %

NYSE:COTY traded down $0.09 on Friday, hitting $7.16. The stock had a trading volume of 6,729,461 shares, compared to its average volume of 6,336,155. The company has a market cap of $6.21 billion, a PE ratio of 42.12, a P/E/G ratio of 1.09 and a beta of 1.91. Coty has a 52 week low of $7.02 and a 52 week high of $13.30. The business’s fifty day moving average is $8.57 and its 200 day moving average is $9.60. The company has a quick ratio of 0.46, a current ratio of 0.75 and a debt-to-equity ratio of 0.96.

Coty (NYSE:COTY) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.67 billion. Coty had a net margin of 2.78% and a return on equity of 9.14%. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. During the same period last year, the business posted $0.09 earnings per share. On average, equities research analysts expect that Coty will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on COTY. Jefferies Financial Group lowered their target price on Coty from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Canaccord Genuity Group reiterated a “buy” rating and issued a $14.00 target price on shares of Coty in a research note on Tuesday, October 15th. Citigroup cut their price objective on shares of Coty from $10.50 to $10.00 and set a “neutral” rating for the company in a report on Monday, October 14th. Wells Fargo & Company dropped their target price on Coty from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 15th. Finally, Raymond James reduced their price objective on shares of Coty from $13.00 to $11.00 and set an “outperform” rating for the company in a research note on Friday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $11.97.

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.