Revlon Inc (REV) Director Ronald O. Perelman Buys 20,000 Shares
Revlon Inc (NYSE:REV) Director Ronald O. Perelman purchased 20,000 shares of the business’s stock in a transaction on Thursday, September 13th. The shares were bought at an average price of $20.88 per share, for a total transaction of $417,600.00. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website.
Shares of REV traded up $0.35 during mid-day trading on Thursday, reaching $21.10. The company’s stock had a trading volume of 103,700 shares, compared to its average volume of 116,220. Revlon Inc has a 12-month low of $14.00 and a 12-month high of $27.90. The company has a market cap of $1.12 billion, a P/E ratio of -10.62 and a beta of 0.38. The company has a debt-to-equity ratio of -2.70, a quick ratio of 0.53 and a current ratio of 1.01.
Revlon (NYSE:REV) last released its quarterly earnings data on Thursday, August 9th. The company reported ($1.54) EPS for the quarter, missing analysts’ consensus estimates of ($0.27) by ($1.27). The firm had revenue of $606.80 million during the quarter, compared to analyst estimates of $637.30 million. analysts predict that Revlon Inc will post -3.15 earnings per share for the current fiscal year.
REV has been the topic of several recent research reports. ValuEngine upgraded Revlon from a “hold” rating to a “buy” rating in a report on Wednesday, August 22nd. Jefferies Financial Group reiterated a “hold” rating and issued a $18.00 price objective on shares of Revlon in a report on Friday, August 10th. Finally, Zacks Investment Research downgraded Revlon from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 15th.
Revlon Company Profile
Revlon, Inc, through its subsidiaries, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Consumer segment offers cosmetics under the Revlon, Almay, SinfulColors, and Pure Ice brands; women's hair color products under the Revlon ColorSilk brand; beauty tools under the Revlon brand; nail care products under the Cutex brand; and anti-perspirant deodorants under the Mitchum name, as well as skin care line under the Natural Honey brand and hair color line under the Llongueras brand.
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