Revlon Inc (NYSE:REV) Receives Consensus Rating of “Hold” from Analysts

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

Analysts have set a 1-year consensus price target 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 24 out of 255 based on the ratings given to its competitors.

A number of research analysts have recently commented on the company. Zacks Investment Research upgraded Revlon from a “sell” rating to a “hold” rating in a report on Wednesday, July 10th. ValuEngine downgraded Revlon from a “buy” rating to a “hold” rating in a research note on Monday.

Revlon stock opened at $26.48 on Wednesday. The business has a 50 day simple moving average of $22.25 and a 200-day simple moving average of $20.84. Revlon has a 12 month low of $13.58 and a 12 month high of $29.62. The stock has a market capitalization of $1.35 billion, a PE ratio of -7.18 and a beta of 0.32.

Revlon (NYSE:REV) last released its quarterly earnings data on Thursday, August 8th. The company reported ($0.99) EPS for the quarter, missing analysts’ consensus estimates of ($0.71) by ($0.28). The firm had revenue of $570.20 million during the quarter, compared to analyst estimates of $595.90 million. During the same quarter in the prior year, the firm posted ($1.54) EPS. The business’s revenue was down 6.0% on a year-over-year basis. Equities analysts forecast that Revlon will post -3.02 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in REV. Alberta Investment Management Corp grew its stake in Revlon by 15.6% during the 2nd quarter. Alberta Investment Management Corp now owns 1,259,600 shares of the company’s stock worth $24,348,000 after buying an additional 170,000 shares during the last quarter. D. E. Shaw & Co. Inc. purchased a new position in Revlon during the 2nd quarter worth approximately $459,000. Coatue Management LLC purchased a new position in Revlon during the 2nd quarter worth approximately $202,000. GSA Capital Partners LLP grew its stake in Revlon by 49.5% during the 2nd quarter. GSA Capital Partners LLP now owns 27,610 shares of the company’s stock worth $534,000 after buying an additional 9,147 shares during the last quarter. Finally, A.R.T. Advisors LLC grew its stake in Revlon by 35.2% during the 2nd quarter. A.R.T. Advisors LLC now owns 21,125 shares of the company’s stock worth $408,000 after buying an additional 5,500 shares during the last quarter. Hedge funds and other institutional investors own 12.87% of the company’s stock.

About Revlon

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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