Coty (COTY) Projected to Post Quarterly Earnings on Monday

Coty (NYSE:COTY) is anticipated to issue its quarterly earnings data after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1.72 billion for the quarter. Coty has set its FY25 guidance at $0.54-$0.57 EPS and its FY 2025 guidance at 0.540-0.540 EPS.Investors that are interested in registering for the company’s conference call can do so using this link.

Coty (NYSE:COTY) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.04). Coty had a return on equity of 9.16% and a net margin of 2.78%. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the business posted $0.09 EPS. The firm’s revenue for the quarter was up 1.8% compared to the same quarter last year. On average, analysts expect Coty to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Coty Trading Down 1.8 %

COTY opened at $7.35 on Monday. Coty has a twelve month low of $6.59 and a twelve month high of $13.30. The company has a fifty day moving average of $7.23 and a 200-day moving average of $8.24. The stock has a market cap of $6.39 billion, a PE ratio of 43.21, a price-to-earnings-growth ratio of 0.77 and a beta of 1.89. The company has a quick ratio of 0.55, a current ratio of 0.85 and a debt-to-equity ratio of 0.93.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the company. Citigroup dropped their price objective on Coty from $10.50 to $10.00 and set a “neutral” rating on the stock in a research note on Monday, October 14th. Royal Bank of Canada reissued an “outperform” rating and issued a $14.00 price target on shares of Coty in a research note on Tuesday, October 15th. JPMorgan Chase & Co. reduced their price objective on shares of Coty from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, October 15th. Stifel Nicolaus dropped their target price 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. Finally, Jefferies Financial Group reduced their price target on shares of Coty from $12.00 to $11.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, Coty currently has a consensus rating of “Moderate Buy” and an average target price of $11.24.

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.