In the latest quarter, 11 analysts provided ratings for Coty (NYSE:COTY), showcasing a mix of bullish and bearish perspectives.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 2 | 3 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Coty, presenting an average target of $14.73, a high estimate of $17.50, and a low estimate of $12.00. Experiencing a 2.19% decline, the current average is now lower than the previous average price target of $15.06.
Understanding Analyst Ratings: A Comprehensive Breakdown
A clear picture of Coty's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Linda Bolton Weiser | DA Davidson | Lowers | Buy | $16.50 | $17.50 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $17.50 | $17.50 |
| Oliver Chen | TD Cowen | Lowers | Buy | $13.00 | $16.00 |
| Filippo Falorni | Citigroup | Lowers | Neutral | $12.00 | $13.00 |
| Susan Anderson | Canaccord Genuity | Announces | Buy | $14.00 | - |
| Lauren Lieberman | Barclays | Lowers | Equal-Weight | $12.00 | $13.00 |
| Linda Bolton Weiser | DA Davidson | Maintains | Buy | $17.50 | $17.50 |
| Oliver Chen | TD Cowen | Raises | Outperform | $16.00 | $13.00 |
| Nik Modi | RBC Capital | Maintains | Outperform | $14.00 | - |
| Chris Carey | Wells Fargo | Raises | Equal-Weight | $12.00 | $11.00 |
| Linda Bolton Weiser | DA Davidson | Raises | Buy | $17.50 | $17.00 |
Key Insights:
- 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.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Coty compared to the broader market.
- 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.
To gain a panoramic view of Coty's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Coty analyst ratings.
Discovering Coty: A Closer Look
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 its 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.
Understanding the Numbers: Coty's Finances
Market Capitalization: Positioned above industry average, the company's market capitalization underscores its superiority in size, indicative of a strong market presence.
Revenue Growth: Coty's remarkable performance in 3 months is evident. As of 31 December, 2023, the company achieved an impressive revenue growth rate of 13.39%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Consumer Staples sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Coty's net margin is impressive, surpassing industry averages. With a net margin of 10.28%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Coty's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.36% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Coty's ROA stands out, surpassing industry averages. With an impressive ROA of 1.39%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Coty's debt-to-equity ratio is below the industry average. With a ratio of 0.91, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Core of Analyst Ratings: What Every Investor Should Know
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 publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.