Avon Products (AVP) Earning Somewhat Positive Media Coverage, Study Shows

Headlines about Avon Products (NYSE:AVP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Avon Products earned a news impact score of 0.01 on Accern’s scale. Accern also gave news headlines about the company an impact score of 47.6530367402666 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s analysis:

Several research firms recently commented on AVP. Zacks Investment Research cut shares of Avon Products from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 11th. Deutsche Bank AG reiterated a “hold” rating and set a $3.00 target price (down from $5.00) on shares of Avon Products in a research note on Friday, August 4th. Royal Bank Of Canada dropped their price objective on shares of 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. UBS AG dropped their price objective on shares of Avon Products from $3.50 to $2.75 and set a “sell” rating for the company in a research note on Friday, August 4th. Finally, Stifel Nicolaus restated a “hold” rating on shares of Avon Products in a research note on Thursday, August 3rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Avon Products presently has a consensus rating of “Hold” and an average target price of $3.19.

Shares of Avon Products (NYSE:AVP) traded down $0.21 during trading hours on Friday, reaching $1.94. 14,476,773 shares of the company’s stock were exchanged, compared to its average volume of 3,460,307. Avon Products has a 12-month low of $1.90 and a 12-month high of $6.24. The company has a debt-to-equity ratio of -2.31, a quick ratio of 0.93 and a current ratio of 1.42.

Avon Products (NYSE:AVP) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.04). Avon Products had a negative return on equity of 3.68% and a negative net margin of 1.40%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the company earned $0.02 EPS. The firm’s revenue was up .7% compared to the same quarter last year. analysts expect that Avon Products will post 0.09 earnings per share for the current fiscal year.

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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).

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