Coty (NYSE:COTY) will be releasing its earnings data before the market opens on Tuesday, August 21st. Analysts expect Coty to post earnings of $0.14 per share for the quarter.
Coty stock opened at $11.73 on Tuesday. The firm has a market capitalization of $9.04 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 1.30 and a beta of 0.28. Coty has a 12 month low of $11.32 and a 12 month high of $21.68. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.99 and a quick ratio of 0.67.
A number of research firms have commented on COTY. Berenberg Bank raised Coty from a “sell” rating to a “hold” rating in a report on Thursday, May 10th. Barclays set a $16.00 target price on Coty and gave the stock a “hold” rating in a report on Thursday, May 10th. Zacks Investment Research raised Coty from a “sell” rating to a “hold” rating in a report on Monday, July 23rd. ValuEngine lowered Coty from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, DA Davidson reduced their target price on Coty from $19.50 to $15.50 and set a “neutral” rating for the company in a report on Friday, May 11th. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $17.50.
Coty Inc, together with its subsidiaries, manufactures, markets, sells, and distributes beauty products worldwide. It operates in three segments: Consumer Beauty, Luxury, and Professional Beauty. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.
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