Coty (NYSE:COTY) Updates FY 2025 Earnings Guidance

Coty (NYSE:COTY) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 0.540-0.540 for the period, compared to the consensus EPS estimate of 0.550. The company issued revenue guidance of -. Coty also updated its FY25 guidance to $0.54-$0.57 EPS.

Coty Price Performance

Shares of NYSE COTY traded down $0.09 during midday trading on Friday, hitting $7.16. The stock had a trading volume of 6,729,461 shares, compared to its average volume of 6,336,155. The company has a quick ratio of 0.46, a current ratio of 0.75 and a debt-to-equity ratio of 0.96. The stock has a 50 day simple moving average of $8.57 and a 200-day simple moving average of $9.60. The company has a market capitalization of $6.21 billion, a PE ratio of 42.12, a P/E/G ratio of 1.09 and a beta of 1.91. Coty has a 1 year low of $7.02 and a 1 year high of $13.30.

Coty (NYSE:COTY) last announced its 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). The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. Coty had a return on equity of 9.14% and a net margin of 2.78%. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.09 EPS. On average, sell-side analysts expect that Coty will post 0.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Raymond James decreased their target price on shares of Coty from $13.00 to $11.00 and set an “outperform” rating on the stock in a research note on Friday. Barclays cut Coty from an “equal weight” rating to an “underweight” rating and dropped their target price for the company from $8.00 to $7.00 in a report on Thursday. Wells Fargo & Company reduced their price target on Coty from $10.00 to $9.00 and set an “equal weight” rating on the stock in a 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. Finally, Canaccord Genuity Group restated a “buy” rating and set a $14.00 price objective on shares of Coty in a research report on Tuesday, October 15th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $11.97.

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.