Shares of Revlon, Inc. (NYSE:REV) have earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.

Analysts have set a 12-month consensus price objective of $20.00 for the company and are anticipating that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Revlon an industry rank of 192 out of 265 based on the ratings given to its competitors.

Several research analysts recently commented on the company. Jefferies Group assumed 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. ValuEngine cut Revlon from a “hold” rating to a “sell” rating in a report on Friday, September 15th. Finally, Zacks Investment Research cut Revlon from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 15th.

Revlon (NYSE:REV) traded down $0.75 during midday trading on Friday, reaching $22.75. The company had a trading volume of 78,700 shares, compared to its average volume of 220,493. Revlon has a 1 year low of $15.60 and a 1 year high of $36.80. The company has a debt-to-equity ratio of -3.78, a current ratio of 1.25 and a quick ratio of 0.67.

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

In related news, Director Ronald O. Perelman bought 625,151 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was bought at an average cost of $17.36 per share, for a total transaction of $10,852,621.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ronald O. Perelman bought 66,684 shares of the company’s stock in a transaction on Monday, September 25th. The stock was bought at an average price of $20.03 per share, with a total value of $1,335,680.52. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 845,974 shares of company stock valued at $15,445,954. 78.00% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Advisor Group Inc. purchased a new position in shares of Revlon during the 2nd quarter worth $114,000. The Manufacturers Life Insurance Company grew its holdings in shares of Revlon by 1.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 11,024 shares of the company’s stock worth $261,000 after purchasing an additional 137 shares during the period. Tower Research Capital LLC TRC grew its holdings in shares of Revlon by 625.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,337 shares of the company’s stock worth $292,000 after purchasing an additional 10,637 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of Revlon by 2.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 12,379 shares of the company’s stock worth $293,000 after purchasing an additional 296 shares during the period. Finally, Rhumbline Advisers grew its holdings in shares of Revlon by 2.1% during the 2nd quarter. Rhumbline Advisers now owns 13,793 shares of the company’s stock worth $327,000 after purchasing an additional 280 shares during the period. Institutional investors and hedge funds 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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