Free Trial
NYSE:COTY

Coty (COTY) Stock Price, News & Analysis

Coty logo
$7.20 -0.39 (-5.14%)
(As of 11/15/2024 ET)

About Coty Stock (NYSE:COTY)

Key Stats

Today's Range
$7.18
$7.63
50-Day Range
$7.17
$9.51
52-Week Range
$7.02
$13.30
Volume
7.31 million shs
Average Volume
6.09 million shs
Market Capitalization
$6.26 billion
P/E Ratio
42.35
Dividend Yield
N/A
Price Target
$11.56
Consensus Rating
Moderate Buy

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.

Coty Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

COTY MarketRank™: 

Coty scored higher than 97% of companies evaluated by MarketBeat, and ranked 5th out of 143 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Coty has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 10 buy ratings, 5 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.

  • Read more about Coty's stock forecast and price target.
  • Earnings Growth

    Earnings for Coty are expected to grow by 15.38% in the coming year, from $0.52 to $0.60 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Coty is 42.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.06.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Coty is 42.35, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.00.

  • Price to Earnings Growth Ratio

    Coty has a PEG Ratio of 0.72. 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 1.48. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Coty's valuation and earnings.
  • Percentage of Shares Shorted

    3.21% 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 decreased by 19.84%, indicating that investor sentiment is improving significantly.
  • 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.

  • Read more about Coty's dividend.
  • Percentage of Shares Shorted

    3.21% 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 decreased by 19.84%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Coty has a news sentiment score of -0.05. 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 0.63 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for Coty this week, compared to 11 articles on an average week.
  • Search Interest

    20 people have searched for COTY on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Coty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • 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.

  • Read more about Coty's insider trading history.

COTY Stock News Headlines

Coty (NYSE:COTY) Downgraded to "Hold" Rating by TD Cowen
DA Davidson Lowers Coty (NYSE:COTY) Price Target to $12.50
How one pattern has averaged an 85% return per year since the pandemic.
Over the last 5 years Roger Scott has done some pretty incredible things… He’s found hundreds of winning opportunities… He’s created some incredible strategies… And he’s even designed some amazing tools… But there is one thing he’s always kept close to the chest… And in this case, it’s been a very particular stock market pattern…. A pattern he calls the World's Most Predictable Pattern…
Coty downgraded to Hold from Buy at TD Cowen
Coty downgraded to Hold at TD Cowen on moderating growth, risk factors
See More Headlines

COTY Stock Analysis - Frequently Asked Questions

Coty's stock was trading at $12.42 on January 1st, 2024. Since then, COTY stock has decreased by 42.0% and is now trading at $7.20.
View the best growth stocks for 2024 here
.

Coty Inc. (NYSE:COTY) posted its earnings results on Wednesday, November, 6th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.04. The business's quarterly revenue was up 1.8% compared to the same quarter last year.

Coty's Board of Directors authorized a stock buyback program on Monday, November 13th 2023, which allows 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 buyback programs are generally a sign that the company's management believes its shares are undervalued.

Top institutional shareholders of Coty 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
.

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.

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
11/17/2024
Next Earnings (Confirmed)
12/06/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Toilet preparations
Sub-Industry
Consumer Goods
Employees
11,791
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.56
High Stock Price Target
$15.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+60.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
16 Analysts

Profitability

Net Income
$89.40 million
Pretax Margin
4.65%

Debt

Sales & Book Value

Annual Sales
$6.12 billion
Cash Flow
$0.87 per share
Book Value
$4.86 per share

Miscellaneous

Free Float
817,704,000
Market Cap
$6.26 billion
Optionable
Optionable
Beta
1.91

Social Links


This page (NYSE:COTY) was last updated on 11/17/2024 by MarketBeat.com Staff
From Our Partners