Coty (NYSE:COTY) Sets New 1-Year Low – Here’s Why

Coty (NYSE:COTY) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as $3.65 and last traded at $3.7250, with a volume of 228425 shares changing hands. The stock had previously closed at $3.72.

Wall Street Analyst Weigh In

COTY has been the subject of a number of recent analyst reports. Berenberg Bank reissued a “hold” rating and set a $5.05 target price (down from $6.50) on shares of Coty in a research note on Wednesday, September 10th. Jefferies Financial Group downgraded shares of Coty from a “buy” rating to a “hold” rating and reduced their target price for the stock from $6.00 to $4.00 in a research note on Thursday, August 21st. Cowen restated a “hold” rating on shares of Coty in a report on Friday, August 22nd. Deutsche Bank Aktiengesellschaft decreased their target price on Coty from $6.00 to $4.00 and set a “hold” rating on the stock in a research note on Thursday, August 21st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Coty in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Coty presently has an average rating of “Reduce” and a consensus target price of $6.06.

Coty Stock Down 0.7%

The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of -8.40, a price-to-earnings-growth ratio of 0.27 and a beta of 2.02. The company has a quick ratio of 0.46, a current ratio of 0.77 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average price of $4.12 and a 200-day moving average price of $4.61.

Coty (NYSE:COTY) last released its earnings results on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.03). Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the business earned $0.15 earnings per share. The business’s revenue was down 5.6% on a year-over-year basis. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. As a group, equities analysts anticipate that Coty will post 0.39 earnings per share for the current fiscal year.

Insider Buying and Selling at Coty

In other news, insider Priya Srinivasan acquired 30,000 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were purchased at an average cost of $3.84 per share, for a total transaction of $115,200.00. Following the transaction, the insider owned 37,509 shares of the company’s stock, valued at approximately $144,034.56. This represents a 399.52% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Kristin Blazewicz purchased 29,400 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were purchased at an average cost of $4.30 per share, for a total transaction of $126,420.00. Following the purchase, the insider directly owned 829,142 shares of the company’s stock, valued at $3,565,310.60. This trade represents a 3.68% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders bought a total of 334,900 shares of company stock worth $1,321,840 in the last ninety days. Insiders own 5.90% of the company’s stock.

Hedge Funds Weigh In On Coty

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in Coty by 140.2% in the first quarter. GAMMA Investing LLC now owns 5,506 shares of the company’s stock valued at $30,000 after acquiring an additional 3,214 shares during the last quarter. UMB Bank n.a. increased its holdings in Coty by 137.1% in the second quarter. UMB Bank n.a. now owns 6,851 shares of the company’s stock valued at $32,000 after purchasing an additional 3,962 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in Coty by 1,006.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 7,304 shares of the company’s stock valued at $40,000 after buying an additional 6,644 shares during the period. Shay Capital LLC bought a new position in Coty during the second quarter worth about $46,000. Finally, Amplius Wealth Advisors LLC acquired a new position in shares of Coty during the 3rd quarter worth about $47,000. 42.36% of the stock is currently owned by institutional investors and hedge funds.

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.