Avon Products Sets New 1-Year Low at $12.99 (AVP)
Avon Products (NYSE:AVP) reached a new 52-week low on Thursday , AnalystRatingsNetwork reports. The stock traded as low as $12.99 and last traded at $13.14, with a volume of 5,307,045 shares. The stock had previously closed at $13.46.
AVP has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Avon Products from an “underperform” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $15.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of Avon Products from a “neutral” rating to a “buy” rating in a research note on Monday, May 12th. Eight research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Avon Products has an average rating of “Hold” and a consensus target price of $17.91.
The stock’s 50-day moving average is $14.46 and its 200-day moving average is $14.77. The company’s market cap is $5.722 billion.
Avon Products (NYSE:AVP) last released its earnings data on Thursday, May 1st. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.09. The company had revenue of $2.20 million for the quarter, compared to the consensus estimate of $2.20 million. During the same quarter last year, the company posted $0.26 earnings per share. Avon Products’s revenue was down 11.1% compared to the same quarter last year. On average, analysts predict that Avon Products will post $0.82 earnings per share for the current fiscal year.
Avon Products, Inc (NYSE:AVP) is a manufacturer and marketer of beauty and related products.
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