COTY stock icon

Coty
COTY

$9.91
2.27%

Market Cap: 8.6B

 

About: 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 the 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.

Employees: 11,350

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 15 analysts
0
News positive %
of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

68% more call options, than puts

Call options by funds: $37.3M | Put options by funds: $22.2M

2% less funds holding

Funds holding: 314 [Q4 2023] → 308 (-6) [Q1 2024]

4.15% less ownership

Funds ownership: 42.5% [Q4 2023] → 38.36% (-4.15%) [Q1 2024]

13% less first-time investments, than exits

New positions opened: 42 | Existing positions closed: 48

13% less capital invested

Capital invested by funds: $4.71B [Q4 2023] → $4.09B (-$618M) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q4 2023] → 3 (-1) [Q1 2024]

27% less repeat investments, than reductions

Existing positions increased: 88 | Existing positions reduced: 121

Research analyst outlook

15 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$11
11%
upside
Avg. target
$14.07
42%
upside
High target
$17.50
77%
upside

15 analyst ratings

10 positive
67%
neutral
33%
negative
0%
Piper Sandler
Korinne Wolfmeyer
31%upside
$13
Overweight
Maintained
11 Jul 2024
Citigroup
Filippo Falorni
11%upside
$11
Neutral
Maintained
10 Jul 2024
B of A Securities
Olivia Tong
41%upside
$14
Buy
Maintained
10 Jul 2024
Wells Fargo
Chris Carey
11%upside
$11
Equal-Weight
Maintained
10 Jul 2024
DA Davidson
Linda Bolton Weiser
67%upside
$16.5
Buy
Maintained
7 May 2024

Financial journalist opinion

Based on 5 articles about COTY published over the past 30 days