Coty (NYSE:COTY) Releases FY25 Earnings Guidance

Coty (NYSE:COTY) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.54-$0.57 for the period, compared to the consensus earnings per share estimate of $0.57.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on COTY shares. Piper Sandler reduced their price target on Coty from $15.00 to $13.00 and set an overweight rating on the stock in a research report on Thursday, July 11th. Wells Fargo & Company lowered their price target on shares of Coty from $12.00 to $11.00 and set an equal weight rating for the company in a report on Wednesday, July 10th. Citigroup decreased their price objective on shares of Coty from $12.00 to $11.00 and set a neutral rating for the company in a research report on Wednesday, July 10th. DA Davidson decreased their price target on Coty from $17.50 to $16.50 and set a buy rating for the company in a report on Tuesday, May 7th. Finally, Bank of America cut their target price on Coty from $15.00 to $14.00 and set a buy rating on the stock in a research report on Wednesday, July 10th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Coty currently has an average rating of Moderate Buy and a consensus target price of $12.94.

Coty Price Performance

Shares of Coty stock traded down $0.02 during trading on Tuesday, hitting $9.53. 6,226,366 shares of the company were exchanged, compared to its average volume of 3,936,782. Coty has a fifty-two week low of $8.79 and a fifty-two week high of $13.30. The company has a quick ratio of 0.50, a current ratio of 0.80 and a debt-to-equity ratio of 0.93. The firm has a 50 day moving average price of $9.76 and a 200 day moving average price of $10.89. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 41.43, a P/E/G ratio of 3.31 and a beta of 1.91.

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.