Coty (NYSE:COTY) Issues Quarterly 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 net margin of 2.78% and a return on equity of 9.16%. Coty updated its FY 2025 guidance to 0.500-0.520 EPS.

Coty Stock Up 1.1 %

Shares of NYSE:COTY traded up $0.06 during mid-day trading on Thursday, reaching $5.74. 10,316,984 shares of the stock were exchanged, compared to its average volume of 6,379,906. The company has a quick ratio of 0.55, a current ratio of 0.85 and a debt-to-equity ratio of 0.93. The company has a market cap of $5.00 billion, a P/E ratio of 33.79, a P/E/G ratio of 0.72 and a beta of 1.89. Coty has a one year low of $5.64 and a one year high of $13.30. The stock's 50 day simple moving average is $7.09 and its 200-day simple moving average is $8.07.

Analysts Set New Price Targets

Several brokerages have recently issued reports on COTY. Wells Fargo & Company cut their price target on Coty from $9.00 to $7.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft cut their target price on Coty from $14.00 to $12.00 and set a "buy" rating on the stock in a research note on Wednesday, October 16th. Stifel Nicolaus cut their target price on Coty from $8.50 to $8.00 and set a "hold" rating on the stock in a research note on Tuesday. TD Cowen lowered Coty from a "buy" rating to a "hold" rating and cut their target price for the company from $11.00 to $8.50 in a research note on Wednesday, November 13th. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $13.00 target price on shares of Coty in a research note on Wednesday. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and ten have issued a buy rating to the company's stock. According to MarketBeat, Coty presently has a consensus rating of "Moderate Buy" and a consensus target price of $10.17.

About Coty

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.