Revlon Inc (REV) Given $20.00 Consensus Target Price by Analysts

Shares of Revlon Inc (NYSE:REV) have been given an average broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokers have set a 12 month consensus price objective of $20.00 for the company and are forecasting that the company will post ($1.25) EPS for the current quarter, according to Zacks. Zacks has also assigned Revlon an industry rank of 94 out of 265 based on the ratings given to its competitors.

REV has been the subject of a number of analyst reports. Zacks Investment Research cut Revlon from a “hold” rating to a “strong sell” rating in a report on Wednesday, November 15th. ValuEngine cut Revlon from a “hold” rating to a “sell” rating in a report on Friday.

Several hedge funds and other institutional investors have recently modified their holdings of REV. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Revlon by 1,885.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 162,426 shares of the company’s stock valued at $3,849,000 after acquiring an additional 154,244 shares during the period. Profit Investment Management LLC lifted its holdings in shares of Revlon by 170.8% during the third quarter. Profit Investment Management LLC now owns 105,996 shares of the company’s stock valued at $2,602,000 after acquiring an additional 66,848 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Revlon by 4.1% during the second quarter. Vanguard Group Inc. now owns 1,002,936 shares of the company’s stock valued at $23,770,000 after acquiring an additional 39,526 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Revlon by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,049,676 shares of the company’s stock valued at $24,878,000 after acquiring an additional 33,969 shares during the period. Finally, OxFORD Asset Management LLP bought a new position in shares of Revlon in the second quarter valued at about $741,000. 14.46% of the stock is owned by institutional investors.

Revlon (NYSE REV) traded up $0.85 on Tuesday, reaching $20.80. 19,968 shares of the company’s stock were exchanged, compared to its average volume of 69,691. Revlon has a 1 year low of $15.60 and a 1 year high of $36.80. The company has a debt-to-equity ratio of -3.78, a current ratio of 1.25 and a quick ratio of 0.67. The firm has a market capitalization of $1,080.88, a P/E ratio of -7.67 and a beta of 0.48.

Revlon (NYSE:REV) last issued its quarterly earnings data on Friday, November 3rd. The company reported ($0.38) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.51). The company had revenue of $666.50 million for the quarter, compared to the consensus estimate of $604.50 million. Revlon had a negative net margin of 5.27% and a negative return on equity of 3.09%. analysts forecast that Revlon will post -3.29 earnings per share for the current fiscal year.

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About Revlon

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.

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