Earnings results for Coty (NYSE:COTY)
Coty Inc. is expected* to report earnings on 02/09/2021 before market open. The report will be for the fiscal Quarter ending Dec 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.08. The reported EPS for the same quarter last year was $0.27.
Coty last announced its quarterly earnings data on November 6th, 2020. The reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.18. The business had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.08 billion. Its quarterly revenue was down 13.0% compared to the same quarter last year. Coty has generated ($0.48) earnings per share over the last year. Coty has confirmed that its next quarterly earnings report will be published on Tuesday, February 9th, 2021.
Analyst Opinion on Coty (NYSE:COTY)
14 Wall Street analysts have issued ratings and price targets for Coty in the last 12 months. Their average twelve-month price target is $6.06, predicting that the stock has a possible downside of 23.65%. The high price target for COTY is $10.00 and the low price target for COTY is $3.25. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”
Coty has received a consensus rating of Hold. The company’s average rating score is 2.21, and is based on 4 buy ratings, 9 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $6.06, Coty has a forecasted downside of 23.6% from its current price of $7.94. Coty has only been the subject of 4 research reports in the past 90 days.
Dividend Strength: Coty (NYSE:COTY)
Coty does not currently pay a dividend. Coty does not have a long track record of dividend growth.
Insiders buying/selling: Coty (NYSE:COTY)
In the past three months, Coty insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $6,614,340.00 in company stock and sold $0.00 in company stock. Only 1.90% of the stock of Coty is held by insiders. Only 22.65% of the stock of Coty is held by institutions.
Earnings and Valuation of Coty (NYSE:COTY
Earnings for Coty are expected to grow by 95.65% in the coming year, from $0.23 to $0.45 per share. The P/E ratio of Coty is -6.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Coty is -6.84, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Coty has a P/B Ratio of 1.88. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
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