Coty (NYSE:COTY) Updates FY25 Earnings Guidance

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

Wall Street Analyst Weigh In

COTY has been the topic of several research analyst reports. 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 report on Wednesday, October 16th. DA Davidson cut their price target on Coty from $17.00 to $14.50 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Royal Bank of Canada reiterated an “outperform” rating and issued a $14.00 price objective on shares of Coty in a research note on Tuesday, October 15th. Jefferies Financial Group cut their target price on shares of Coty from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, Evercore ISI reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Coty in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $11.97.

Coty Stock Performance

Shares of COTY traded down $0.09 during trading hours on Friday, hitting $7.16. The company’s stock had a trading volume of 6,729,461 shares, compared to its average volume of 6,336,155. Coty has a 52-week low of $7.02 and a 52-week high of $13.30. The company has a market cap of $6.21 billion, a price-to-earnings ratio of 42.12, a PEG ratio of 1.09 and a beta of 1.91. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.75 and a quick ratio of 0.46. The business has a 50 day simple moving average of $8.57 and a two-hundred day simple moving average of $9.60.

Coty (NYSE:COTY) last announced its quarterly 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 company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.67 billion. Coty had a net margin of 2.78% and a return on equity of 9.14%. Coty’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.09 earnings per share. On average, equities analysts expect that Coty will post 0.55 earnings per share for the current fiscal year.

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.