Coty (NYSE:COTY) Stock, Quote.Headers.trade-ideas

Coty

Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For the fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 44% of sales from Europe, 42% from the Americas, and 14% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.

Asia

Earnings

Large Cap

Mid Cap

News

Retail Sales

Management

Markets

Analyst Ratings

Trading Ideas

COTY

IPAR

The Estee Lauder Companies Inc. (NYSE: EL) exhibited a volatile stock trajectory in recent months, driven by weak consumer sentiment amid high inflation and rising interest rates.

EL Trading Near 52-Week Low: How Should Investors Approach the Stock?

TOL, Toll Brothers

Intraday Update

Movers

ASTS

BBAI

CRDO

EOSE

GSAT

KYTX

PRCT

VIPS

Toll Brothers Posts Strong Earnings, Joins Keysight, Coty, TJX And Other Big Stocks Moving Higher On Wednesday

wall street shutter6

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Equities

Macro Economic Events

Sector ETFs

Bonds

Broad U.S. Equity ETFs

Commodities

Forex

Small Cap

Econ #s

Economics

Federal Reserve

Tech

ETFs

$BTC

SPDR Dow Jones Industrial Average ETF Trust

KEYS

Wall Street trimmed early session gains on Wednesday after official government data downwardly revised nonfarm payrolls by 818,000 from previous estimates between April 2023 and March 2024.

Stocks Trim Gains On Slower Jobs Growth, Dollar Falls Ahead Of Fed Minutes; Target Rallies, Macy&#39;s Tumbles: What&#39;s Driving Markets Wednesday?

Coty Inc

COTY CL A ORD

Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $12.89, a high estimate of $17.00, and a low estimate of $10.00. A 5.29% drop is evident in the current average compared to the previous average price target of $13.61. 
<img src="https://www.benzinga.com/files/images/story/2024/1726254011_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of Coty by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Susan Anderson</td>
<td>Canaccord Genuity</td>
<td>Maintains</td>
<td>Buy</td>
<td>$14.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Lauren Lieberman</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$10.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Mark Astrachan</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Hold</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$17.00</td>
<td>$16.50</td>
</tr>
<tr>
<td>Robert Ottenstein</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$15.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Korinne Wolfmeyer</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Filippo Falorni</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Olivia Tong</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$14.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Chris Carey</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Coty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coty compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Coty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Coty's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/COTY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coty analyst ratings.</a>
<h2>Unveiling the Story Behind Coty</h2>
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For the fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 44% of sales from Europe, 42% from the Americas, and 14% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.
<h3>Understanding the Numbers: Coty's Finances</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Coty's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2024, the company achieved a revenue growth rate of approximately 0.87%. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Staples sector.
Net Margin: Coty's net margin excels beyond industry benchmarks, reaching -7.35%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Coty's ROE excels beyond industry benchmarks, reaching -2.56%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.82%, the company showcases effective utilization of assets.
Debt Management: With a high debt-to-equity ratio of 1.08, Coty faces challenges in effectively managing its debt levels, indicating potential financial strain.
<h2>The Significance of Analyst Ratings Explained</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Critical Insights From Coty Analyst Ratings: What You Need To Know

Canaccord Genuity analyst Susan Anderson maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Buy and maintains $14 price target.

Price Target

Canaccord Genuity Maintains Buy on Coty, Maintains $14 Price Target

Barclays analyst Lauren Lieberman maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Equal-Weight and lowers the price target from $11 to $10.

Barclays Maintains Equal-Weight on Coty, Lowers Price Target to $10

U.S. stocks were higher, with the Nasdaq Composite gaining around 50 points on Wednesday.
Shares of Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>) rose sharply during Wednesday's session after the company reported better-than-expected third-quarter financial results and issued FY24 EPS<a href="https://www.benzinga.com/news/earnings/24/08/40474111/toll-brothers-q3-earnings-revenue-beat-eps-beat-homes-delivered-up-11-backlog-down-10-momentum-into"> guidance above estimates.</a>
The company reported adjusted EPS of $3.60, beating analysts estimate of $3.31 and sales of $2.73 billion, beating analysts estimate of $2.71 billion.
Toll Brothers shares climbed 6.5% to $142.27 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>BigBear.ai Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) shares gained 30.1% to $1.7312 after the company received an award as a subcontractor to Concept Solutions.</li>
<li>PROCEPT BioRobotics Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRCT#NASDAQ">PRCT</a>) jumped 26% to $81.89 after the company announced FDA 510(k) clearance of its HYDROS Robotic system.</li>
<li>Tempus AI, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEM#NASDAQ">TEM</a>) gained 17.6% to $69.09.</li>
<li>GDS Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDS#NASDAQ">GDS</a>) jumped 16.6% to $14.70 after its second-quarter FY24 results.</li>
<li>Eos Energy Enterprises, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>) climbed 14.4% to $2.1650 after Stifel maintained a Buy rating on the stock and announced a price target of $6.</li>
<li>UTime Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) gained 14.4% to $1.6478 after the company announced a collaboration with Dr. Ehud Baron.</li>
<li>Kyverna Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KYTX#NASDAQ">KYTX</a>) jumped 13.6% to $8.42.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) gained 13.4% to $24.28 amid a possible rebound due to President Trump&#8217;s first outdoor rally since the attempted assassination and campaign attention during the ongoing Democratic National Convention. Robert F. Kennedy Jr&#8217;s running mate, Nicole Shanahan, mentioned in a podcast yesterday that the third party&#8217;s campaign is weighing options that include joining forces with Donald Trump.</li>
<li>Keysight Technologies, Inc. (NYSE KEYS) rose 12.6% to $156.13 following better-than-expected third-quarter financial results.</li>
<li>Globalstar, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GSAT#NYSE">GSAT</a>) gained 12.6% to $1.4350.</li>
<li>Target Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) climbed 12.2% to $160.79 following upbeat quarterly earnings.</li>
<li>QXO, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) rose 11.8% to $13.87.</li>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) climbed 10.7% to $35.44.</li>
<li>Vipshop Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) gained 9.3% to $12.64. CLSA analyst Leo You downgraded Vipshop from Outperform to Hold and lowered the price target from $15.8 to $12.</li>
<li>AST SpaceMobile, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>) rose 8.3% to $37.17.</li>
<li>Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) gained 6.4% to $10.14 following fourth-quarter results.</li>
<li>The TJX Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) rose 6% to $120.04 following strong quarterly earnings.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40484349/texas-instruments-to-rally-around-16-here-are-10-top-analyst-forecasts-for-wednesday">Texas Instruments To Rally Around 16%? Here Are 10 Top Analyst Forecasts For Wednesday</a></li>
</ul>

Wall Street trimmed early session gains on Wednesday after official government data downwardly revised nonfarm payrolls by 818,000 from previous estimates between <a href="https://www.benzinga.com/markets/equities/24/08/40489714/traders-raise-bets-on-aggressive-rate-cuts-as-us-economy-sees-818-000-jobs-revised-away-7-etfs-r">April 2023 and March 2024. </a>This adjustment suggests that the labor market&#8217;s strength was not as robust as investors had initially believed.
By midday trading in New York, major U.S. indices hovered slightly above the flatline, with both the S&amp;P 500 and the Nasdaq 100 adding mild gains after snapping an eight-day winning streak on Tuesday. Blue-chip stocks were flat, while small-cap stocks managed to rise by 0.6%.
Traders are now eagerly awaiting further insights on monetary policy from the minutes of the Federal Reserve Open Market Committee&#8217;s July meeting, scheduled for release at 2:00 p.m. ET.
Meanwhile, speculators have increased their expectations of a 50-basis-point rate cut in September, assigning a 32.5% probability to this scenario in response to the downward revisions of the annual nonfarm payrolls. Market participants are fully pricing in 100 basis points, equivalent to a full percentage point, in cuts by the end of the year.
The U.S. dollar is experiencing its fourth consecutive session of losses, while Treasury yields are dropping on the shorter end of the curve, with the policy-sensitive 2-year note seeing yields tumble by 6 basis points to 3.92%.
Gold is down slightly, off by 0.3%, while oil prices are down 1.2%, with West Texas Intermediate crude projected to close at its lowest levels since early February 2024.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) gained 1% but remains below the $60,000 mark.
<h3 class="wp-block-heading">Wednesday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,152.99</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,606.52</td>
<td>0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,747.92</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,818.92</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:38 p.m. </figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent082124&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.2% higher to $559.67.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;stalled at $408.62.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) edged 0.2% higher to $481.13.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 0.6% to $214.01.</li>
<li>The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) and The Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) outperformed, both up by 0.9%. The Financials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) lagged, down by 0.4%.</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Stock Movers</h3>
<ul>
<li>Target Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TGT#NYSE">TGT</a>) rallied over 12% on stronger-than-expected quarterly results. The retail giant also witnessed several analysts raising their price target on the stock. </li>
<li>Macy&#8217;s Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) plummeted 13% after reducing revenue guidance for the fiscal year. </li>
<li>Other major companies reacting to earnings were TJX Companies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TJX#NYSE">TJX</a>) up 6.2%, Analog Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>), Dycom Industries Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DY#NYSE">DY</a>), down 8.5%, Keysight Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEYS#NYSE">KEYS</a>), up 12%, Toll Brothers Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), up 5.9% and Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), up 6.1%. </li>
<li>Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) rose 1.4% after announcing to halt production of an all-electric three-row SUV. </li>
</ul>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/08/40472834/emerging-market-bonds-climb-to-over-2-year-high-driven-by-weaker-dollar-feds-interest-rate-shift">Emerging Market Bonds Climb To Over 2-Year High Driven By Weaker Dollar, Fed&#8217;s Interest Rate Shift</a></li>
</ul>
Photo: Shutterstock

Stocks Trim Gains On Slower Jobs Growth, Dollar Falls Ahead Of Fed Minutes; Target Rallies, Macy's Tumbles: What's Driving Markets Wednesday?

Stifel analyst Mark Astrachan maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Hold and lowers the price target from $12 to $11.

Stifel Maintains Hold on Coty, Lowers Price Target to $11

Ratings for Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) were provided by 6 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Coty, presenting an average target of $13.5, a high estimate of $17.00, and a low estimate of $11.00. Experiencing a 5.26% decline, the current average is now lower than the previous average price target of $14.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1724256012_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
A comprehensive examination of how financial experts perceive Coty is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Raises</td>
<td>Buy</td>
<td>$17.00</td>
<td>$16.50</td>
</tr>
<tr>
<td>Robert Ottenstein</td>
<td>Evercore ISI Group</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$15.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Korinne Wolfmeyer</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Filippo Falorni</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Olivia Tong</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$14.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Chris Carey</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Coty. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coty compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Coty's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Coty's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/COTY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coty analyst ratings.</a>
<h2>About Coty</h2>
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For the fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 42% from the Americas, and 13% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.
<h3>Coty: Financial Performance Dissected</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Coty's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 7.5%. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Staples sector.
Net Margin: Coty's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.04% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Coty's ROE excels beyond industry benchmarks, reaching 0.01%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Coty's ROA excels beyond industry benchmarks, reaching 0.0%. This signifies efficient management of assets and strong financial health.
Debt Management: Coty's debt-to-equity ratio stands notably higher than the industry average, reaching 1.05. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>The Basics of Analyst Ratings</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DA Davidson analyst Linda Bolton Weiser maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Buy and raises the price target from $16.5 to $17.

DA Davidson Maintains Buy on Coty, Raises Price Target to $17

Evercore ISI Group analyst Robert Ottenstein maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Outperform and maintains $15 price target.

Evercore ISI Group Maintains Outperform on Coty, Maintains $15 Price Target

Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) reported its fourth-quarter and fiscal-year results Tuesday after the closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/08/b40473358/coty-reports-double-digit-growth-in-fy24-outpacing-beauty-market">details from the report. </a>
The Details: Coty reported quarterly losses of 3 cents per share, which missed the analyst consensus estimate of earnings of 4 cents per share. Quarterly sales came in at $1.36 billion, below the analyst consensus estimate of $1.38 billion. 
The company reported fiscal-year earnings of 37 cents per share, which missed the analyst consensus estimate of 44 cents by 15.91% and fiscal-year sales of $6.12 billion also missed the consensus estimate.
Coty said Prestige net revenues grew 13% in fiscal year 2024, fueled by growth in fragrances, cosmetics and skincare. Consumer Beauty revenues increased by 6% for the year with growth in color cosmetics, mass fragrances and mass skin and body care. 
Read Next: <a href="https://www.benzinga.com/news/earnings/24/08/40451412/sidus-space-reports-q2-results-after-45-gain-monday">Sidus Space Reports Q2 Results After 45% Gain Monday</a>
&#8220;Our FY24 results set a new milestone in Coty&#8217;s sustained track record of top-notch execution and market outperformance. In a dynamic macroeconomic backdrop, beauty maintains its privileged position, being neither a consumer goods industry nor a luxury goods industry. Instead, beauty is at the sweet-spot of desire, well-being, self-confidence, affordability, ritual, indulgence, and many new things that we and our consumers will invent," said Sue Nabi, Coty&#8217;s CEO.&nbsp;
Outlook: Coty sees free cash flow growth to the low to mid $400 million range for fiscal year 2025 and earnings per share in a range of 54 cents to 57 cents, versus the 44-cent estimate.  
COTY Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Coty shares are up 0.21% after-hours at $9.55 at the time of publication Tuesday.
Read Also:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/08/40450880/bit-digital-reports-mixed-q2-results-eps-miss-revenue-up-80">Bit Digital Reports Mixed Q2 Results: EPS Miss, Revenue Up 80%</a></li>
</ul>
Image: Courtesy of Coty, Inc.&nbsp;

After-Hours Center

Coty Reports Q4, FY 2024 Results, Strong FY25 Guidance: Details

Guidance

Coty Sees FY25 Adj. EPS $0.54 - $0.57 Vs. $0.44 Est.; Sees FY25 Free Cash Flow Growth To Low-Mid $400M Range

Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $0.04 by 175 percent. The company reported quarterly sales of $1.36 billion which missed the analyst consensus estimate of $1.38 billion by 1.02 percent. This is a 0.81 percent increase over sales of $1.35 billion the same period last year.

Earnings Misses

Coty Q4 2024 Adj EPS $(0.03) Misses $0.04 Estimate, Sales $1.36B Miss $1.38B Estimate

Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) reported quarterly earnings of $0.37 per share which missed the analyst consensus estimate of $0.44 by 15.91 percent. The company reported quarterly sales of $6.12 billion which missed the analyst consensus estimate of $6.13 billion by 0.14 percent.

Coty FY 2024 Adj EPS $0.37 Misses $0.44 Estimate, Sales $6.12B Miss $6.13B Estimate

The gravity-defying climb faces risk, as the index futures trade narrowly mixed in early trading on Tuesday. That said, <a href="https://www.benzinga.com/markets/equities/24/08/40450395/s-p-500-nasdaq-100-extend-8-session-winning-streak-as-wall-street-jitters-go-poof-mondays-key-st">the recent gains </a>could keep traders wary of a potential pullback. A couple of speeches by Federal Reserve officials are the lone Main Street catalysts for the day even as the market has set its eyes on Fed Chair Jerome Powell&#8217;s Jackson Hole Symposium address due Friday. Until such time, the market may remain in a wait-and-watch mode.
Given the bounce in cryptocurrencies, stocks exposed to these digital assets could gain some ground and tech stocks appear on track to preserve their upward momentum. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>+0.12%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>+0.04%</td>
</tr>
<tr>
<td>Dow</td>
<td>-0.05%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.06%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Tuesday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) edged up 0.04% to $559.82, and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) gained 0.10% to $481.76, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Session: 
Stocks climbed solidly on Monday as the multi-session run-up continued, with support coming from weak economic data and a Fed speech that perked up hopes of an incoming Fed rate cut. Minneapolis Fed President Neel Kashkari, who is considered more of a hawk, said in an exclusive interview with the Wall Street Journal, &#8220;The balance of risks has shifted, so the debate about potentially cutting rates in September is an appropriate one to have.&#8221;
 The major averages opened higher and moved roughly sideways in early trading before climbing steadily through much of the remainder of the session. The buying interest accelerated in the final few minutes of trading. 
The tech-heavy Nasdaq Composite index and the broader S&amp;P 500 index extended their winning streak to eight, and in the process, these averages settled at their highest closing levels since July 23 and July 16, respectively. The S&amp;P 500 is now just under 60 points away from its all-time highs. 
The 30-stock Dow Jones Industrial Average is on a five-session winning run, with Monday&#8217;s gains coming on the back of the rally in the shares of McDonald&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Amgen, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>) and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>). The blue-chip is now at the highest level since July 17.
The gains were across the board, with all 11 S&amp;P 500 sector classes gaining ground. Communication services, IT and consumer discretionary stocks found notable buying interest.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>+1.39%</td>
<td>17,876.77</td>
</tr>
<tr>
<td>S&amp;P 500 Index</td>
<td>+0.97%</td>
<td>5,608.25</td>
</tr>
<tr>
<td>Dow Industrials</td>
<td>+0.58%</td>
<td>40,896.53</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>+1.19%</td>
<td>2,167.50</td>
</tr>
</tbody>
</table>
</figure>
The Nasdaq Composite, which fell into correction territory -defined as a pullback of over 10% from recent highs, on Aug. 5 amid the market collapse set in by yen carry trade unwinding, has quickly sprung back up. The intraday low hit on Aug. 5 (15,708.54) marked a roughly 16% pullback from the July 11 intraday high of 18,671.07. The index exited correction territory in merely 11 sessions, the fastest recovery since Oct. 2011, Barron&#8217;s <a href="https://www.barrons.com/livecoverage/stock-market-today-081924">reported</a>.
Insights From Analysts:
The stock market is entering a &#8220;very positive four-week equity trading window,&#8221; Goldman Sachs Trading Desk&#8217;s Managing Director Scott Rubner said in a note to clients on Monday, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-08-19/goldman-s-rubner-says-the-pain-trade-for-us-stocks-is-higher">reported.</a> The strength could come from the following:
<ul>
<li>inflows from trend-following systemic funds that are re-leveraging after cutting their total long exposure from $450 billion in July to $250 billion currently.</li>
<li>Commodity trading advisers are likely to buy stocks irrespective of the market trend</li>
<li>Buying by volatility-control funds as the CBOE volatility index posted the biggest nine-day drop in history following the Aug. 5 market collapse</li>
<li>traders going against the prevailing trend, aka long gamma positioning, which could serve as a buffer in the eventuality of a sell-off</li>
<li>Corporate demand rising until the corporate blackout window closes for about 50% of the companies on Sept. 13; Goldman estimated that corporate buybacks will likely total $1.15 trillion worth of authorizations and $960 billion worth of executions in 2024.</li>
<li>Money market investment in equities</li>
</ul>
That said, the strategist flagged pain ahead for the market. &#8220;The pain trade for equities is higher and the bar for being bearish at the beach into a Labor Day barbecue party is high,&#8221; he reportedly said. He sees the stock market turning negative after Sept. 16, given the second half of the month has historically been the worst two-week trading period of the year.
Previewing the Jackson Hole Symposium that kickstarts Thursday, WisdomTree Senior Economist and Wharton Professor Emeritus Jeremy Siegel said, Powell&#8217;s speech at 10 a.m. on Friday is the big event. &#8220;I expect him to clear the path for a rate cut in September, but not divulge the size,&#8221; the economist said.
Powell will likely say that the central bank is becoming more confident that inflation is moving towards its target and that it can afford to loosen the degree of monetary restrictiveness, Siegel said, while also cautioning that there is still much data to come, including August inflation and payrolls as well as four more jobless claims.
Upcoming Economic Data
<ul>
<li>Atlanta Fed President Raphael Bostic is scheduled to speak at 1:35 a.m. EDT.</li>
<li>Fed Vice Chair for Supervision Michael Barr&nbsp;will make a public appearance at 2:45 p.m. EDT.</li>
</ul>
See Also:<a href="https://www.benzinga.com/money/how-to-trade-futures"> How To Trade Futures</a>
Stocks In Focus:
<ul>
<li>Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) rose over 2.4% <a href="https://www.benzinga.com/premarket">in premarket trading</a> following its quarterly results announcement.</li>
<li>Lowe&#8217;s Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), Medtronic plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MDT#NYSE">MDT</a>) and Vipshop Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIPS#NYSE">VIPS</a>) are among the <a href="https://www.benzinga.com/calendars/earnings">notable companies due to release their quarterly results</a> before the market opens.</li>
<li>Those reporting after the close include Toll Brothers, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOL#NYSE">TOL</a>), Coty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), La-Z-Boy Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) and ZTO Express (Cayman) Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTO#NYSE">ZTO</a>).</li>
<li>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rally has propped up MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) and Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>).</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures fell yet again and traded around the $73.5 level, while gold futures climbed past the $2,560 mark. Bitcoin gained ground over the past 24 hours and approached the $61K mark.
The Asian markets ended Tuesday&#8217;s session on a mixed note, with the Japanese Nikkei 225 average rising sharply, while the Hong Kong, Chinese, Malaysia and Indonesian markets retreated.
The sentiment is fluid in Europe, with the Euro STOXX Index rising slightly in early trading, while the U.K.&#8217;s FTSE Index is pulling back sharply.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/08/40454745/palantir-co-founder-peter-thiel-says-ai-is-really-a-big-deal-but-could-take-15-20-years-to-become-su">Palantir Co-founder Peter Thiel Says AI &#8216;Really A Big Deal&#8217; But Could Take 15-20 Years To Become &#8216;Super Dominant,&#8217; — Calls This The &#8216;Holy Grail&#8217; Of AI Research</a></li>
</ul>
Image Via Shutterstock

Futures

Previews

Pre-Market Outlook

AMGN

COIN

INTC

MSTR

PANW

US Stocks May Take A Breather After S&P 500's Impressive 8-Session Winning Streak: Strategist Says Market Will Hit Fresh Highs In Next 4 Weeks, But Warns Investors Of Potential Risks

Amazon.com founder Jeff Bezos is one of the richest people in the world, worth $200 billion. Brother Mark Bezos could follow in the success of his older brother with a career <a href="https://www.benzinga.com/money/investing-in-private-equity-guide-to-getting-started">in private investments.</a>
What Happened: Mark Bezos and David Moross recently launched HIPstr, an early-stage investment arm for their HighPost Capital private investment firm. HIPstr, raised $100 million and has invested in six companies, including one linked<a href="https://www.benzinga.com/topic/kylie-jenner"> to Kylie Jenner.</a>
HIPstr is set to <a href="https://www.businesswire.com/news/home/20240814170976/en/HIPstr-an-Affiliate-of-HighPost-Capital-Raises-100-Million-to-Invest-in-Early-Stage-Consumer-Growth-Consumer-Technology-Enablement-Companies">invest </a>in what it calls early-stage consumer growth and consumer technology enablement companies. Bezos and Moross launched the new investment arm to invest in early-stage businesses "that did not fit the investment criteria of HighPost's" traditional investment strategy.
"We launched HIPstr to capitalize on an attractive market opportunity driven by a reset in early-stage company valuations alongside a structural shift in how entrepreneurs scale companies," Moross said.
The investment company has made six investments across the food and beverage, household and home living, disruptive consumer-facing technologies and selective apparel sectors.
HIPstr's six investments include leading or investing in Series A rounds for Closer, Sprinter (Jenner&#8217;s company), Wild Common, EverFence, RAD and After.com.
"We look forward to continuing to identify highly compelling opportunities for our investors and working with entrepreneurs to help them build and scale their high-growth and capital-efficient brands," Moross added.
Did You Know?
Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent081924">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a>
Why It's Important: HIPstr has invested around 40% of the $100 million raised for the fund according to Moross, as reported by <a href="https://www.bloomberg.com/news/articles/2024-08-15/billionaire-family-backed-firm-raises-100-million-venture-fund?srnd=homepage-africa&amp;sref=TBDibEcD">Bloomberg</a>.
The company led a $10 million Series A funding round for After.com, which is a cremation services startup.
HIPstr's investment in Sprinter could attract attention with the ready-to-drink vodka soda maker founded by Jenner. The brand uses real fruit juice, premium vodka and sparkling water in its products including several fruit flavors. &nbsp;
Jenner is the fifth most followed person on Instagram with 398 million followers and part of the well-known Kardashian/Jenner family.
Kylie Cosmetics, which was <a href="https://www.benzinga.com/news/23/08/34146037/kylie-jenner-contemplates-regaining-control-of-her-cosmetics-line-amid-coty-disappointment">founded by Jenner,</a> was sold to Coty Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) previously with the beauty company owning 51% and Jenner retaining 49%.
HighPost previously raised over $500 million for its first fund in 2022 with the Jeff Bezos family among the investors. Mark Bezos was an early investor in Amazon, committing $10,000 in 1996 that could be worth over $1 billion if he has not sold any of his position since.
HighPost is the largest shareholder in Magic Spoon, a sugar-free cereal company, and owns Centr, a wellness company founded by actor Chris Hemsworth.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/04/38050032/jeff-bezos-convinced-his-siblings-to-invest-10k-each-in-his-online-startup-called-amazon-heres-h">Jeff Bezos Convinced His Siblings To Invest $10K Each In His Online Startup Called Amazon — Here&#8217;s How Much Their Investment Is Worth Now</a></li>
</ul>
Photo: Kylie Jenner<a href="https://www.flickr.com/photos/disneyabc/19548211370/in/photolist-25aK6K5-GMFFTa-GQCjns-GTD5qt-GMFGUZ-GQCj3u-GTD628-FY9dmJ-GMFHT2-Gtxo2w-FY9ezL-GTD52c-GMFF6D-MNjdod-w9hLsQ-t5ghVE-sQ8p18-QvadaN-P2dgu6-AWuj5W-Ar8gbE-BoCqn8-pTpLrZ-pdRLyu-qaSCD7-rBtPL1-w2H7BW-Mvdr52-UhaUHX-LiVAQU-MvdrEk-LiVAXs-UhaUMz-UeADKu-rEAkLq-2pKUgJw-2paXym6-Ar6u7U-Ar8fVQ-Bmpx1s-q8ySsm-v8a376-vMrhaw-vMpGc5"> via </a>Walt Disney Television via <a href="https://creativecommons.org/licenses/by-nd/2.0/">Flickr</a> Creative Commons

Financing

Jeff Bezos Brother Launches New VC Firm, Invests In Kylie Jenner Spirits Company

WIIM

Coty shares are trading lower in sympathy with Estee Lauder after L'Oreal reported worse-than-expected Q2 sales results.

In the preceding three months, 9 analysts have released ratings for Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>), presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $13.56, a high estimate of $17.50, and a low estimate of $11.00. This current average has decreased by 8.07% from the previous average price target of $14.75. 
<img src="https://www.benzinga.com/files/images/story/2024/1720702882_0.png" alt="price target chart" />
<h2>Analyzing Analyst Ratings: A Detailed Breakdown</h2>
A comprehensive examination of how financial experts perceive Coty is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Korinne Wolfmeyer</td>
<td>Piper Sandler</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Filippo Falorni</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Olivia Tong</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$14.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>Chris Carey</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$11.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Lowers</td>
<td>Buy</td>
<td>$16.50</td>
<td>$17.50</td>
</tr>
<tr>
<td>Linda Bolton Weiser</td>
<td>DA Davidson</td>
<td>Maintains</td>
<td>Buy</td>
<td>$17.50</td>
<td>$17.50</td>
</tr>
<tr>
<td>Oliver Chen</td>
<td>TD Cowen</td>
<td>Lowers</td>
<td>Buy</td>
<td>$13.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Filippo Falorni</td>
<td>Citigroup</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$12.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Susan Anderson</td>
<td>Canaccord Genuity</td>
<td>Announces</td>
<td>Buy</td>
<td>$14.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Coty. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coty compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for Coty's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Coty's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/COTY/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Coty analyst ratings.</a>
<h2>About Coty</h2>
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For the fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 42% from the Americas, and 13% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.
<h3>Financial Insights: Coty</h3>
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Over the 3 months period, Coty showcased positive performance, achieving a revenue growth rate of 7.5% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Staples sector.
Net Margin: Coty's net margin excels beyond industry benchmarks, reaching 0.04%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Coty's ROE stands out, surpassing industry averages. With an impressive ROE of 0.01%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Coty's ROA excels beyond industry benchmarks, reaching 0.0%. This signifies efficient management of assets and strong financial health.
Debt Management: Coty's debt-to-equity ratio is below the industry average. With a ratio of 1.05, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>What Are Analyst Ratings?</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Breaking Down Coty: 9 Analysts Share Their Views

Piper Sandler analyst Korinne Wolfmeyer maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Overweight and lowers the price target from $15 to $13.

Piper Sandler Maintains Overweight on Coty, Lowers Price Target to $13

Citigroup analyst Filippo Falorni maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Neutral and lowers the price target from $12 to $11.

Citigroup Maintains Neutral on Coty, Lowers Price Target to $11

B of A Securities analyst Olivia Tong maintains Coty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COTY#NYSE">COTY</a>) with a Buy and lowers the price target from $15 to $14.

B of A Securities Maintains Buy on Coty, Lowers Price Target to $14

Coty Inc. (COTY) Q4 2024 Earnings Call Transcript (Q&A)

Analyst Dara Mohsenian of Morgan Stanley maintained a Hold rating on Coty (COTY – Research Report), with a price target of $12.00. Dara Mohsenian h...

Coty Inc.: A Balanced Hold Rating Amid Turnaround Progress and Market Headwinds

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on O'Reilly Auto (ORLY – Research Report), Cot...

Analysts Offer Insights on Consumer Cyclical Companies: O'Reilly Auto (ORLY), Coty (COTY) and American Axle (AXL)

Analyst Oliver Chen of TD Cowen reiterated a Buy rating on Coty (COTY – Research Report), with a price target of $13.00. Oliver Chen has given his ...

Coty Inc.: A Fragrant Opportunity for Growth – Buy Rating Reaffirmed

There's a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Coty (COTY – Research Report) and Solo Brands...

Analysts Offer Insights on Consumer Cyclical Companies: Coty (COTY) and Solo Brands Inc Class A (DTC)

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Coty (NYSE:<a href="https://investorplace.com/stock-quotes/coty-stock-quote/">COTY</a>) just reported results for the fourth quarter of 2024.<ul><li>Coty reported earnings per share of -3 cents. This was below the analyst estimate for EPS of 4 cents.</li><li>The company reported revenue of $1.36 billion.</li><li>This was worse than the analyst estimate for revenue of $1.38 billion.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div>	The post <a href="https://investorplace.com/earning-results/2024/08/coty-stock-earnings-coty-for-q4-of-2024/">COTY Stock Earnings: Coty Misses EPS, Misses Revenue for Q4 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

COTY Stock Earnings: Coty Misses EPS, Misses Revenue for Q4 2024

Columbia Contrarian Core Fund Q2 2024 Investment Commentary

e.l.f. Beauty sales growth starts to fade

Repairing Olaplex: 3 Catalysts That Evidence A Turnaround

Susan Anderson, an analyst from Canaccord Genuity, maintained the Buy rating on Coty (COTY – Research Report). The associated price target remains ...

Coty's Strategic Expansion into High-End Skincare and Fragrance Markets Prompts Buy Rating

AAPL

AMZN

BSQKZ

GOOG

GOOGL

MSFT

NVDA

OLPX

ORLY

PINS

ULTA

Press Releases

Sally Hansen Names Duke University Basketball Star Jared McCain as New Brand Ambassador

Coty Reports Strong Results Ahead of Beauty Market, with Double-Digit Growth FYTD

Coty Inc. to Offer Senior Secured Notes

Coty Inc. Prices €500 Million of Senior Secured Notes

Coty Inc. to Present at Upcoming Investor Events

Calvin Klein Fragrances Introduces CK One Essence

Sally Hansen® and Warner Bros. Discovery Team up for a Scary Good Nail Polish Collection to Celebrate the Release of This Fall's Highly Anticipated Movie "Beetlejuice Beetlejuice"

Sally Hansen® and Warner Bros. Team Up for a Scary Good Nail Polish Collection to Celebrate the Release of This Fall's Highly Anticipated Movie "Beetlejuice Beetlejuice"

Coty Reports Double-Digit Growth in FY24, Outpacing Beauty Market

Orveda, the French multi-award-winning biotech skincare brand, unveils LA MAISON ORVEDA NEW YORK CITY, a wellness sanctuary dedicated to glow and skin longevity, located in the heart of the Upper East Side.

PARIS:COTY

BellRing Brands

Big Tree Cloud Holdings Limited - Ordinary Shares

Big Tree Cloud Holdings

Estee Lauder Companies, Inc. (The) Common Stock

Estee Lauder Cos

e.l.f. Beauty

Edgewell Personal Care Company Common Stock

Edgewell Personal Care

FitLife Brands

Herbalife

Haleon plc American Depositary Shares (Each representing two Ordinary Shares)

Haleon

Honest Co

Inter Parfums

Kenvue

Lifevantage

Medifast

Nature's Sunshine Products, Inc. - Common Stock

Natures Sunshine Products

Natural Health Trends Corp. - Commn Stock

Natural Health Trends

Nu Skin Enterprises

Olaplex Hldgs

Safety Shot

The Beauty Health Company - Class A Common Stock

Beauty Health

United-Guardian

Unilever

Usana Health Sciences

Veru

Waldencast

Yatsen Holding Limited American Depositary Shares, each representing twenty (20) Class A Ordinary Shares

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Get Our Top Trade Ideas Delivered Daily - 65% Off Now

Comments

Coty

Coty (COTY) Forecast

Coty (NYSE:COTY) Stock, Quote.Headers.trade-ideas