Zacks: Revlon Inc (NYSE:REV) Receives Consensus Rating of “Hold” from Analysts
Shares of Revlon Inc (NYSE:REV) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Brokers have set a 1 year consensus price target of $18.00 for the company and are forecasting that the company will post ($0.83) earnings per share for the current quarter, according to Zacks. Zacks has also given Revlon an industry rank of 40 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of Revlon from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th.
Shares of Revlon stock traded up $0.22 during trading on Friday, hitting $20.00. 6,815 shares of the stock were exchanged, compared to its average volume of 162,105. Revlon has a 1-year low of $13.58 and a 1-year high of $29.62. The stock has a market capitalization of $993.37 million, a price-to-earnings ratio of -5.43 and a beta of 0.28. The company has a fifty day moving average price of $17.46 and a 200-day moving average price of $20.46.
Revlon (NYSE:REV) last announced its quarterly earnings results on Thursday, August 8th. The company reported ($0.99) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.71) by ($0.28). The company had revenue of $570.20 million for the quarter, compared to analyst estimates of $595.90 million. During the same quarter in the prior year, the business posted ($1.54) EPS. The business’s revenue was down 6.0% compared to the same quarter last year. Equities research analysts expect that Revlon will post -3.02 earnings per share for the current fiscal year.
Revlon Company Profile
Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.
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