Zacks Investment Research lowered shares of Revlon (NYSE:REV) from a hold rating to a sell rating in a research report sent to investors on Thursday morning.

According to Zacks, “Revlon, Inc. conducts its business exclusively through its subsidiary, Revlon Consumer Products Corp. and its subsidiaries. They manufacture, market and sell an extensive array of cosmetics and skin care, fragrances and personal care products. Their brand names are REVLON, COLORSTAY, REVLON AGE DEFYING, ALMAY and ULTIMA II in cosmetics; MOON DROPS, ETERNA 27, ULTIMA II and JEANNE GATINEAU in skin care; CHARLIE and FIRE & ICE in fragrances; and FLEX, OUTRAGEOUS, MITCHUM, COLORSTAY, COLORSILK, JEAN NATE, PLUSBELLE, BOZZANO and COLORAMA in personal care. “

A number of other analysts have also issued reports on REV. ValuEngine lowered Revlon from a hold rating to a sell rating in a report on Friday, September 15th. Jefferies Group began coverage on Revlon in a report on Wednesday, September 13th. They issued a hold rating and a $16.00 target price for the company. Three equities research analysts have rated the stock with a sell rating and one has assigned a hold rating to the company. The company presently has a consensus rating of Sell and an average price target of $16.00.

Revlon (NYSE REV) traded down $0.20 on Thursday, hitting $22.25. The stock had a trading volume of 50,100 shares, compared to its average volume of 74,144. The stock has a market capitalization of $1,170.00, a price-to-earnings ratio of -8.27 and a beta of 0.62. Revlon has a one year low of $15.60 and a one 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 released its earnings results on Friday, November 3rd. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.51). The business had revenue of $666.50 million during 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%. equities analysts expect that Revlon will post -1.96 earnings per share for the current year.

In other Revlon news, Director Ronald O. Perelman bought 47,355 shares of Revlon stock in a transaction dated Monday, November 6th. The stock was bought at an average price of $22.43 per share, for a total transaction of $1,062,172.65. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 78.00% of the stock is owned by corporate insiders.

Several large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP raised its holdings in shares of Revlon by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,049,676 shares of the company’s stock worth $24,878,000 after acquiring an additional 33,969 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Revlon by 4.1% during the second quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock worth $23,770,000 after acquiring an additional 39,526 shares in the last quarter. State Street Corp raised its holdings in shares of Revlon by 3.6% during the second quarter. State Street Corp now owns 237,381 shares of the company’s stock worth $5,626,000 after acquiring an additional 8,268 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Revlon by 1,885.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 162,426 shares of the company’s stock worth $3,849,000 after acquiring an additional 154,244 shares in the last quarter. Finally, Profit Investment Management LLC raised its holdings in shares of Revlon by 170.8% during the third quarter. Profit Investment Management LLC now owns 105,996 shares of the company’s stock worth $2,602,000 after acquiring an additional 66,848 shares in the last quarter. 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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