Analysts Set $18.00 Target Price for Revlon Inc (NYSE:REV)
Shares of Revlon Inc (NYSE:REV) have been assigned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokerages have set a one year consensus target price of $18.00 for the company and are anticipating that the company will post ($0.83) EPS for the current quarter, according to Zacks. Zacks has also assigned Revlon an industry rank of 40 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of Revlon from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th.
Shares of Revlon stock traded up $0.22 on Friday, hitting $20.00. 6,215 shares of the company traded hands, compared to its average volume of 162,105. The company has a 50-day moving average price of $17.46 and a 200 day moving average price of $20.46. Revlon has a 12-month low of $13.58 and a 12-month high of $29.62. The company has a market cap of $993.37 million, a PE ratio of -5.43 and a beta of 0.28.
Revlon (NYSE:REV) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of ($0.71) by ($0.28). The firm had revenue of $570.20 million for the quarter, compared to analyst estimates of $595.90 million. During the same quarter in the prior year, the company posted ($1.54) EPS. The firm’s quarterly revenue was down 6.0% compared to the same quarter last year. Equities analysts expect that Revlon will post -3.02 EPS for the current fiscal year.
Revlon, Inc, through its subsidiaries, develops, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Relvon segment offers color cosmetics and beauty tools under the Revlon brand; and hair color under the Revlon ColorSilk and Revlon Professional brands.
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