Coty (COTY) Set to Announce Quarterly Earnings on Wednesday

Coty (NYSE:COTY) will issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect Coty to post earnings of $0.19 per share for the quarter. Coty has set its FY25 guidance at $0.54-$0.57 EPS and its FY 2025 guidance at 0.540-0.570 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 Tuesday, August 20th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.04 by ($0.07). The business had revenue of $1.36 billion during 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 firm’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter last year, the company earned $0.01 EPS. On average, analysts expect Coty to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Coty Trading Up 1.0 %

NYSE COTY opened at $7.75 on Wednesday. The firm’s fifty day moving average is $8.97 and its two-hundred day moving average is $9.80. Coty has a one year low of $7.34 and a one year high of $13.30. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.46 and a current ratio of 0.75. The firm has a market cap of $6.73 billion, a PE ratio of 33.70, a P/E/G ratio of 0.67 and a beta of 1.89.

Analyst Ratings Changes

COTY has been the subject of several analyst reports. Evercore ISI reissued an “outperform” rating and set a $15.00 price target on shares of Coty in a report on Wednesday, August 21st. Canaccord Genuity Group reissued a “buy” rating and set a $14.00 target price on shares of Coty in a research note on Tuesday, October 15th. Piper Sandler decreased their price target on Coty from $15.00 to $13.00 and set an “overweight” rating on the stock in a research note on Thursday, July 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on Coty from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, Citigroup reduced their target price on Coty from $10.50 to $10.00 and set a “neutral” rating for the company in a report on Monday, October 14th. Seven analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $12.15.

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.