Avon Products, Inc. (NYSE:AVP) – Stock analysts at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for Avon Products in a research report issued on Wednesday. Jefferies Group analyst S. Wissink forecasts that the company will earn $0.07 per share for the quarter. Jefferies Group has a “Underperform” rating and a $2.20 price objective on the stock. Jefferies Group also issued estimates for Avon Products’ Q4 2017 earnings at $0.13 EPS, FY2017 earnings at $0.10 EPS, Q1 2018 earnings at ($0.01) EPS and FY2018 earnings at $0.25 EPS.

Several other research analysts have also recently issued reports on AVP. Zacks Investment Research cut Avon Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 9th. Stifel Nicolaus reaffirmed a “hold” rating and set a $4.00 target price (down previously from $4.50) on shares of Avon Products in a research note on Wednesday, August 9th. UBS AG decreased their target price on Avon Products from $3.50 to $2.75 and set a “sell” rating for the company in a research note on Friday, August 4th. Royal Bank Of Canada decreased their target price on Avon Products from $4.00 to $3.00 and set a “sector perform” rating for the company in a research note on Friday, August 4th. Finally, ValuEngine cut Avon Products from a “hold” rating to a “sell” rating in a research note on Friday, August 4th. Four investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $3.71.

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Avon Products (AVP) opened at 2.49 on Friday. Avon Products has a 1-year low of $2.40 and a 1-year high of $6.96. The firm’s market cap is $1.10 billion. The stock’s 50 day moving average price is $2.79 and its 200 day moving average price is $3.68.

Avon Products (NYSE:AVP) last released its quarterly earnings results on Thursday, August 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by ($0.10). The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.44 billion. Avon Products had a negative return on equity of 3.68% and a negative net margin of 0.99%. The company’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the firm earned $0.07 EPS.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Two Sigma Securities LLC lifted its holdings in shares of Avon Products by 1.9% during the first quarter. Two Sigma Securities LLC now owns 22,824 shares of the company’s stock valued at $100,000 after purchasing an additional 420 shares during the last quarter. Alpine Global Management LLC purchased a new stake in shares of Avon Products during the second quarter valued at $100,000. Shelton Capital Management purchased a new stake in shares of Avon Products during the second quarter valued at $122,000. Oakbrook Investments LLC lifted its holdings in shares of Avon Products by 2.5% during the second quarter. Oakbrook Investments LLC now owns 32,500 shares of the company’s stock valued at $124,000 after purchasing an additional 800 shares during the last quarter. Finally, LS Investment Advisors LLC lifted its holdings in shares of Avon Products by 17.5% during the second quarter. LS Investment Advisors LLC now owns 35,108 shares of the company’s stock valued at $133,000 after purchasing an additional 5,217 shares during the last quarter. 84.24% of the stock is owned by institutional investors and hedge funds.

Avon Products Company Profile

Avon Products, Inc is a manufacturer and marketer of beauty and related products. The Company’s segments include Europe, Middle East & Africa; South Latin America; North Latin America, and Asia Pacific. Its product categories are Beauty, and Fashion and Home. Beauty consists of skincare (which includes personal care), fragrance and color (cosmetics).

Earnings History and Estimates for Avon Products (NYSE:AVP)

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