These Analysts Cut Their Forecasts On Coty After Downbeat Earnings

Benzinga

02-13

Coty Inc. (NYSE:COTY) reported weaker-than-expected earnings for its second quarter after the closing bell on Monday.

Coty posted quarterly earnings of 11 cents per share which missed the analyst consensus estimate of 21 cents per share. The company reported quarterly sales of $1.67 billion which missed the analyst consensus estimate of $1.72 billion.

Sue Nabi, Coty’s CEO, said, “As we are now midway through our fiscal year, it is clear that FY25 is shaping up to be a pivotal year. On the one hand, the global beauty market continues to grow at a healthy pace, even if growth has moderated off of the elevated levels of the last few years, which benefited from more material pricing increases. And in this backdrop, fragrances of all price points continue to outperform most other beauty categories, which strongly benefits Coty’s business as fragrances account for over 60% of our revenues and an even bigger portion of our profits."

Coty’s shares fell 5.5% to trade at $5.79 on Wednesday.

These analysts made changes to their price targets on Coty following earnings announcement.

Morgan Stanley analyst Dara Mohsenian maintained Coty with an Equal-Weight and lowered the price target from $9 to $7.
Canaccord Genuity analyst Susan Anderson maintained Coty with a Buy and lowered the price target from $10 to $8.
Evercore ISI Group analyst Robert Ottenstein maintained the stock with an Outperform and cut the price target from $15 to $10.
Goldman Sachs analyst Patty Kanada maintained Coty with a Neutral and lowered the price target from $9 to $8.

Considering buying COTY stock? Here’s what analysts think:

Read This Next:

Snowflake To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday

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The company reported quarterly sales of $1.67 billion which missed the analyst consensus estimate of $1.72 billion.</p>\n<p>Sue Nabi, Coty’s CEO, said, “As we are now midway through our fiscal year, it is clear that FY25 is shaping up to be a pivotal year. On the one hand, the global beauty market continues to grow at a healthy pace, even if growth has moderated off of the elevated levels of the last few years, which benefited from more material pricing increases. And in this backdrop, fragrances of all price points continue to outperform most other beauty categories, which strongly benefits Coty’s business as fragrances account for over 60% of our revenues and an even bigger portion of our profits.\"</p>\n<p>Coty’s shares fell 5.5% to trade at $5.79 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Coty following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Dara Mohsenian maintained Coty with an Equal-Weight and lowered the price target from $9 to $7.</li>\n<li>Canaccord Genuity analyst Susan Anderson maintained Coty with a Buy and lowered the price target from $10 to $8.</li>\n<li><a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI Group analyst Robert Ottenstein maintained the stock with an Outperform and cut the price target from $15 to $10.</li>\n<li>Goldman Sachs analyst Patty Kanada maintained Coty with a Neutral and lowered the price target from $9 to $8.</li>\n</ul>\n<p><strong>Considering buying COTY stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"587\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-1024x587.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-1024x587.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34.png 1126w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday</strong></li>\n</ul></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These Analysts Cut Their Forecasts On Coty After Downbeat Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Analysts Cut Their Forecasts On Coty After Downbeat Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-02-13 00:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>Coty Inc.</strong> (NYSE:COTY) reported weaker-than-expected earnings for its second quarter after the closing bell on Monday.</p>\n<p>Coty posted quarterly earnings of 11 cents per share which missed the analyst consensus estimate of 21 cents per share. The company reported quarterly sales of $1.67 billion which missed the analyst consensus estimate of $1.72 billion.</p>\n<p>Sue Nabi, Coty’s CEO, said, “As we are now midway through our fiscal year, it is clear that FY25 is shaping up to be a pivotal year. On the one hand, the global beauty market continues to grow at a healthy pace, even if growth has moderated off of the elevated levels of the last few years, which benefited from more material pricing increases. And in this backdrop, fragrances of all price points continue to outperform most other beauty categories, which strongly benefits Coty’s business as fragrances account for over 60% of our revenues and an even bigger portion of our profits.\"</p>\n<p>Coty’s shares fell 5.5% to trade at $5.79 on Wednesday.</p>\n<p>These analysts made changes to their price targets on Coty following earnings announcement.</p>\n<ul>\n<li>Morgan Stanley analyst Dara Mohsenian maintained Coty with an Equal-Weight and lowered the price target from $9 to $7.</li>\n<li>Canaccord Genuity analyst Susan Anderson maintained Coty with a Buy and lowered the price target from $10 to $8.</li>\n<li><a href=\"https://laohu8.com/S/EVR\">Evercore</a> ISI Group analyst Robert Ottenstein maintained the stock with an Outperform and cut the price target from $15 to $10.</li>\n<li>Goldman Sachs analyst Patty Kanada maintained Coty with a Neutral and lowered the price target from $9 to $8.</li>\n</ul>\n<p><strong>Considering buying COTY stock? Here’s what analysts think:</strong> </p>\n<figure><img decoding=\"async\" height=\"587\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-1024x587.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-1024x587.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-300x172.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34-768x441.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/12115556/image-2-34.png 1126w\" width=\"1024\"/></figure>\n<p><strong>Read This Next: </strong></p>\n<ul>\n<li><strong><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday</strong></li>\n</ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COTY","symbol_name":"科蒂","start_time":0,"source_url":"https://www.benzinga.com/25/02/43665956/these-analysts-cut-their-forecasts-on-coty-after-downbeat-earnings","article_id":"2511330738","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511330738","pubTimestamp":1739379500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":" ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"COTY":"科蒂"},"translate_title":"这些分析师在盈利悲观后下调了对科蒂的预测","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COTY":1},"content_text":"Coty Inc. (NYSE:COTY) reported weaker-than-expected earnings for its second quarter after the closing bell on Monday.\nCoty posted quarterly earnings of 11 cents per share which missed the analyst consensus estimate of 21 cents per share. The company reported quarterly sales of $1.67 billion which missed the analyst consensus estimate of $1.72 billion.\nSue Nabi, Coty’s CEO, said, “As we are now midway through our fiscal year, it is clear that FY25 is shaping up to be a pivotal year. On the one hand, the global beauty market continues to grow at a healthy pace, even if growth has moderated off of the elevated levels of the last few years, which benefited from more material pricing increases. And in this backdrop, fragrances of all price points continue to outperform most other beauty categories, which strongly benefits Coty’s business as fragrances account for over 60% of our revenues and an even bigger portion of our profits.\"\nCoty’s shares fell 5.5% to trade at $5.79 on Wednesday.\nThese analysts made changes to their price targets on Coty following earnings announcement.\n\nMorgan Stanley analyst Dara Mohsenian maintained Coty with an Equal-Weight and lowered the price target from $9 to $7.\nCanaccord Genuity analyst Susan Anderson maintained Coty with a Buy and lowered the price target from $10 to $8.\nEvercore ISI Group analyst Robert Ottenstein maintained the stock with an Outperform and cut the price target from $15 to $10.\nGoldman Sachs analyst Patty Kanada maintained Coty with a Neutral and lowered the price target from $9 to $8.\n\nConsidering buying COTY stock? Here’s what analysts think: \n\nRead This Next: \n\nSnowflake To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Wednesday","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}