Coty (NYSE:COTY) Issues FY25 Earnings Guidance

Coty (NYSE:COTY) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $0.54-$0.57 for the period, compared to the consensus EPS estimate of $0.56. Coty also updated its FY 2025 guidance to 0.540-0.540 EPS.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on COTY. Piper Sandler dropped their price target on Coty from $15.00 to $13.00 and set an “overweight” rating for the company in a research report on Thursday, July 11th. Royal Bank of Canada reiterated an “outperform” rating and issued a $14.00 target price on shares of Coty in a research report on Tuesday, October 15th. Stifel Nicolaus lowered their price target on shares of Coty from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Tuesday, October 15th. Wells Fargo & Company decreased their target price on shares of Coty from $10.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 15th. Finally, Bank of America dropped their price target on Coty from $15.00 to $14.00 and set a “buy” rating for the company in a research report on Wednesday, July 10th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $12.15.

Coty Trading Down 1.5 %

NYSE:COTY traded down $0.11 during trading hours on Wednesday, reaching $7.43. 11,266,827 shares of the stock were exchanged, compared to its average volume of 4,149,633. Coty has a twelve month low of $7.34 and a twelve month high of $13.30. The business has a 50-day moving average of $8.70 and a two-hundred day moving average of $9.66. The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 94.25, a PEG ratio of 1.09 and a beta of 1.91. 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 announced its earnings results on Tuesday, August 20th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.07). The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.38 billion. Coty had a net margin of 1.46% and a return on equity of 8.05%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter last year, the business earned $0.01 earnings per share. On average, equities analysts predict that Coty will post 0.55 EPS for the current year.

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.