Revlon Inc (REV) Given Consensus Rating of “Hold” by Analysts

Revlon Inc (NYSE:REV) has received an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Brokerages have set a one year consensus target price of $20.00 for the company and are forecasting that the company will post $0.08 EPS for the current quarter, according to Zacks. Zacks has also given Revlon an industry rank of 219 out of 265 based on the ratings given to related companies.

REV has been the subject of several recent research reports. Zacks Investment Research lowered Revlon from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 15th. Jefferies Group began coverage on Revlon in a research note on Wednesday, September 13th. They issued a “hold” rating and a $16.00 price objective for the company. Finally, ValuEngine lowered Revlon from a “hold” rating to a “sell” rating in a research note on Friday, September 15th.

Revlon (NYSE:REV) traded down $0.75 during mid-day trading on Thursday, hitting $22.15. The stock had a trading volume of 66,100 shares, compared to its average volume of 212,950. Revlon has a 52-week low of $15.60 and a 52-week high of $36.80. The company has a quick ratio of 0.67, a current ratio of 1.25 and a debt-to-equity ratio of -3.78. The stock has a market capitalization of $1,170.00, a PE ratio of -8.23 and a beta of 0.63.

Revlon (NYSE:REV) last posted its quarterly earnings data on Friday, November 3rd. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.51). The firm had revenue of $666.50 million for the quarter, compared to analysts’ expectations of $604.50 million. Revlon had a negative net margin of 5.27% and a negative return on equity of 3.09%. analysts expect that Revlon will post -1.96 EPS for the current year.

In other Revlon news, Director Ronald O. Perelman purchased 47,355 shares of Revlon stock in a transaction dated Monday, November 6th. The shares were purchased at an average cost of $22.43 per share, for a total transaction of $1,062,172.65. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 78.00% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership boosted its position in Revlon by 1,885.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 162,426 shares of the company’s stock valued at $3,849,000 after acquiring an additional 154,244 shares in the last quarter. Profit Investment Management LLC boosted its position in shares of Revlon by 170.8% in the 3rd quarter. Profit Investment Management LLC now owns 105,996 shares of the company’s stock worth $2,602,000 after purchasing an additional 66,848 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Revlon by 4.1% in the 2nd quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock worth $23,770,000 after purchasing an additional 39,526 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Revlon by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,049,676 shares of the company’s stock worth $24,878,000 after purchasing an additional 33,969 shares in the last quarter. Finally, OxFORD Asset Management LLP acquired a new stake in shares of Revlon in the 2nd quarter worth $741,000. Institutional investors own 14.55% of the company’s stock.

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Revlon Company Profile

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

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