Revlon, Inc. (REV) Raised to “Hold” at BidaskClub
Revlon, Inc. (NYSE:REV) was upgraded by equities research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Saturday.
Separately, TheStreet cut Revlon from a “c” rating to a “d+” rating in a report on Tuesday, March 28th.
Shares of Revlon (REV) traded down 1.07% during trading on Friday, hitting $23.05. The stock had a trading volume of 269,337 shares. The firm has a 50 day moving average of $20.51 and a 200 day moving average of $27.70. Revlon has a 1-year low of $18.15 and a 1-year high of $37.96. The company’s market capitalization is $1.21 billion.
Revlon (NYSE:REV) last released its quarterly earnings data on Friday, May 5th. The company reported ($0.23) earnings per share for the quarter. Revlon had a negative net margin of 2.82% and a negative return on equity of 9.87%. The business had revenue of $594.90 million for the quarter. Analysts expect that Revlon will post $1.80 EPS for the current fiscal year.
COPYRIGHT VIOLATION WARNING: This article was posted by American Banking News and is the property of of American Banking News. If you are reading this article on another domain, it was stolen and republished in violation of U.S. & international copyright and trademark laws. The original version of this article can be accessed at https://www.americanbankingnews.com/2017/06/24/revlon-inc-rev-raised-to-hold-at-bidaskclub.html.
In other news, Director Ronald O. Perelman bought 100,000 shares of the business’s stock in a transaction on Friday, May 12th. The shares were purchased at an average price of $20.00 per share, for a total transaction of $2,000,000.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ronald O. Perelman bought 120,000 shares of the business’s stock in a transaction on Tuesday, May 30th. The stock was purchased at an average price of $18.66 per share, for a total transaction of $2,239,200.00. The disclosure for this purchase can be found here. Insiders have bought a total of 2,680,438 shares of company stock worth $55,375,570 in the last quarter. 78.00% of the stock is currently owned by company insiders.
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.
Receive News & Ratings for Revlon Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon Inc. and related companies with MarketBeat.com's FREE daily email newsletter.