Coty (COTY) Stock Price, News & Analysis

Company Overview

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. The company provides Consumer Beauty segment products primarily through hypermarkets, supermarkets, drug stores, pharmacies, mid-tier department stores, traditional food and drug retailers, and e-commerce retailers under the Adidas, Beckham, Biocolor, Bozzano, Bourjois, Bruno Banani, CoverGirl, Jovan, Max Factor, Mexx, Monange, Nautica, Paixao, Rimmel, Risque, and Sally Hansen brands. It also sells its products through third-party distributors. The company was founded in 1904 and is headquartered in New York, New York. Coty Inc. is a subsidiary of JAB Beauty B.V.

Key Stats

• Today's Range: $6.87 to $7.18
• 50-Day Range: $6.99 to $9.17
• 52-Week Range: $6.87 to $13.30
• Volume: 11.09 million shs
• Average Volume: 4.30 million shs
• Market Capitalization: $6.12 billion
• P/E Ratio: 41.41
• Dividend Yield: N/A
• Price Target: $11.41
• Consensus Rating: Moderate Buy

Coty Stock Analysis - MarketRank™

Coty scored higher than 94% of companies evaluated by MarketBeat, and ranked 10th out of 146 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Coty has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on 10 buy ratings, 6 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Coty has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 17.65%

Earnings Growth

Earnings for Coty are expected to grow by 17.65% in the coming year, from $0.51 to $0.60 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Coty is 41.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coty is 41.41, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.97.

Price to Earnings Growth Ratio

Coty has a PEG Ratio of 0.75. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Coty has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.41% of the float of Coty has been sold short.

Short Interest Ratio / Days to Cover

Coty has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coty has recently increased by 3.49%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Coty does not currently pay a dividend.

Dividend Growth

Coty does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Coty is 294.12%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on EPS estimates, Coty will have a dividend payout ratio of 83.33% in the coming year. This indicates that Coty may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.8 / 5
• Environmental Score: -2.78

Percentage of Shares Shorted

3.41% of the float of Coty has been sold short.

Short Interest Ratio / Days to Cover

Coty has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coty has recently increased by 3.49%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.47

News Sentiment

Coty has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Coty this week, compared to 12 articles on an average week.

Search Interest

Only 9 people have searched for COTY on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

MarketBeat Follows

8 people have added Coty to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Coty insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.00% of the stock of Coty is held by insiders.

Percentage Held by Institutions

42.36% of the stock of Coty is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

COTY Stock Analysis - Frequently Asked Questions

How have COTY shares performed this year?

Coty's stock was trading at $12.42 at the start of the year. Since then, COTY shares have decreased by 43.3% and is now trading at $7.04.
View the best growth stocks for 2024 here.

How were Coty's earnings last quarter?

Coty Inc. (NYSE:COTY) announced its quarterly earnings results on Wednesday, November, 6th. The company reported $0.15 EPS for the quarter, missing analysts' consensus estimates of $0.19 by $0.04. The company's revenue was up 1.8% on a year-over-year basis.

How will Coty's stock buyback program work?

Coty's Board of Directors approved a stock repurchase program on Monday, November 13th 2023, which authorizes the company to buy back $600,000,000 in shares, according to EventVestor. This means that the company could purchase up to 7.1% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

Who are Coty's major shareholders?

Coty's top institutional shareholders include Banco Santander S.A. (2.66%), State Street Corp (1.27%), Thrivent Financial for Lutherans (0.74%) and Geode Capital Management LLC (0.71%). Insiders that own company stock include Holdings BV Jab, Maria Asunicion Aramburuzabala, Olivier Goudet, Robert S Singer, Isabelle Parize, Isabelle Parize, Sue Nabi, Bretten Gordon Von and Beatrice Ballini.
View institutional ownership trends.

How do I buy shares of Coty?

Shares of COTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Coty own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Coty investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), General Electric (GE), Advanced Micro Devices (AMD), Adobe (ADBE) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 11/06/2024
• Today: 12/22/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Toilet preparations
• Sub-Industry: Consumer Goods
• Current Symbol: NYSE:COTY
• CUSIP: N/A
• CIK: 1024305
• Web: www.coty.com
• Phone: (212) 389-7300
• Fax: 212-479-4383
• Employees: 11,791
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $11.41
• High Stock Price Target: $15.00
• Low Stock Price Target: $7.00
• Potential Upside/Downside: +62.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.53
• Research Coverage: 17 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.17
• Trailing P/E Ratio: 41.41
• Forward P/E Ratio: 13.80
• P/E Growth: 0.75
• Net Income: $89.40 million
• Net Margins: 2.78%
• Pretax Margin: 4.65%
• Return on Equity: 9.16%
• Return on Assets: 3.13%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 0.85
• Quick Ratio: 0.55

Sales & Book Value

• Annual Sales: $6.15 billion
• Price / Sales: 1.00
• Cash Flow: $0.81 per share
• Price / Cash Flow: 8.73
• Book Value: $4.62 per share
• Price / Book: 1.52

Miscellaneous

• Outstanding Shares: 869,898,000
• Free Float: 817,704,000
• Market Cap: $6.12 billion
• Optionable: Optionable
• Beta: 1.89