Coty (COTY) Expected to Announce Quarterly Earnings on Monday

Coty (NYSE:COTY) is anticipated to announce its earnings results after the market closes on Monday, February 10th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $1.72 billion for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Coty (NYSE:COTY) last posted its earnings results on Wednesday, November 6th. The company reported $0.15 earnings per share 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 analysts’ expectations of $1.67 billion. Coty had a return on equity of 9.16% and a net margin of 2.78%. Coty’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.09 EPS. On average, analysts expect Coty to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Coty Stock Down 1.5 %

Shares of NYSE:COTY opened at $6.75 on Friday. The firm has a 50 day simple moving average of $7.19 and a 200-day simple moving average of $8.18. Coty has a twelve month low of $6.59 and a twelve month high of $13.30. The company has a current ratio of 0.85, a quick ratio of 0.55 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $5.87 billion, a PE ratio of 39.68, a P/E/G ratio of 0.78 and a beta of 1.89.

Analyst Ratings Changes

A number of research firms recently issued reports on COTY. Raymond James lowered their price target on Coty from $13.00 to $11.00 and set an “outperform” rating on the stock in a report on Friday, November 8th. Citigroup dropped their target price on Coty from $10.50 to $10.00 and set a “neutral” rating on the stock in a report on Monday, October 14th. The Goldman Sachs Group began coverage on Coty in a research note on Friday, December 13th. They set a “neutral” rating and a $9.00 price target for the company. Jefferies Financial Group lowered their price objective on shares of Coty from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Finally, Royal Bank of Canada restated an “outperform” 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, six have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $11.24.

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.