Coty (NYSE:COTY) Posts Earnings Results, Misses Expectations By $0.11 EPS

Coty (NYSE:COTY - Get Free Report) released its quarterly earnings data on Monday. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by ($0.11), Zacks reports. Coty had a return on equity of 9.16% and a net margin of 2.78%. Coty updated its FY 2025 guidance to 0.500-0.520 EPS.

Coty Stock Performance

COTY traded up $0.06 on Thursday, hitting $5.74. The company's stock had a trading volume of 10,316,984 shares, compared to its average volume of 6,379,906. The company's 50 day simple moving average is $7.09 and its 200-day simple moving average is $8.07. The firm has a market cap of $5.00 billion, a P/E ratio of 33.79, a price-to-earnings-growth ratio of 0.72 and a beta of 1.89. Coty has a 12 month low of $5.64 and a 12 month high of $13.30. The company has a quick ratio of 0.55, a current ratio of 0.85 and a debt-to-equity ratio of 0.93.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on COTY shares. Evercore ISI lowered their target price on shares of Coty from $15.00 to $10.00 and set an "outperform" rating on the stock in a report on Wednesday. Stifel Nicolaus lowered their target price on shares of Coty from $8.50 to $8.00 and set a "hold" rating on the stock in a report on Tuesday. DA Davidson restated a "buy" rating and issued a $12.50 target price on shares of Coty in a report on Thursday, February 6th. Jefferies Financial Group decreased their price objective on shares of Coty from $12.00 to $11.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Coty from $14.00 to $12.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat, Coty currently has a consensus rating of "Moderate Buy" and an average target price of $10.17.

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.