Revlon Inc (NYSE:REV) has been given an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a 12-month consensus price objective of $20.00 for the company and are forecasting that the company will post ($0.27) EPS for the current quarter, according to Zacks. Zacks has also given Revlon an industry rank of 43 out of 255 based on the ratings given to its competitors.
REV has been the topic of several analyst reports. Jefferies Group set a $20.00 price objective on Revlon and gave the company a “hold” rating in a research note on Friday, March 16th. ValuEngine cut Revlon from a “hold” rating to a “sell” rating in a research note on Friday, May 4th.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Allianz Asset Management GmbH raised its stake in shares of Revlon by 104.7% in the first quarter. Allianz Asset Management GmbH now owns 13,464 shares of the company’s stock valued at $277,000 after acquiring an additional 300,000 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its stake in Revlon by 11.1% in the first quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 516,072 shares of the company’s stock valued at $10,631,000 after buying an additional 51,683 shares in the last quarter. OZ Management LP acquired a new stake in Revlon in the first quarter valued at $1,378,000. Schwab Charles Investment Management Inc. raised its stake in Revlon by 9.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 63,315 shares of the company’s stock valued at $1,305,000 after buying an additional 5,240 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Revlon by 122.7% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 6,654 shares of the company’s stock valued at $137,000 after buying an additional 3,666 shares in the last quarter. Institutional investors and hedge funds own 13.88% of the company’s stock.
Shares of Revlon traded up $1.50, hitting $18.90, during mid-day trading on Friday, according to Marketbeat.com. The company had a trading volume of 472,209 shares, compared to its average volume of 163,467. The stock has a market cap of $929.89 million, a P/E ratio of -9.79 and a beta of 0.40. The company has a current ratio of 1.10, a quick ratio of 0.59 and a debt-to-equity ratio of -3.10. Revlon has a 1-year low of $15.60 and a 1-year high of $27.90.
Revlon (NYSE:REV) last announced its quarterly earnings data on Thursday, March 15th. The company reported ($0.86) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.25) by $0.39. The company had revenue of $786.60 million during the quarter, compared to analyst estimates of $785.00 million. equities analysts forecast that Revlon will post -1.84 EPS for the current fiscal year.
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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