Media coverage about Avon Products (NYSE:AVP) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Avon Products earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.9433982006539 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Short Interest in Avon Products Inc (AVP) Grows By 38.5% (americanbankingnews.com)
- Avon Products (AVP) Receives Hold Rating from Stifel Nicolaus (americanbankingnews.com)
- Avon Products (AVP) Rating Reiterated by Stifel Nicolaus (americanbankingnews.com)
- Avon Products (AVP) Downgraded by Zacks Investment Research (americanbankingnews.com)
- Growth Rate in Men Care Products Market including key players Avon, Beiersdorf, Natura (thefinancialconsulting.com)
Shares of NYSE AVP opened at $2.77 on Monday. The company has a market capitalization of $1,219.84, a P/E ratio of 46.17, a PEG ratio of 1.22 and a beta of 1.42. Avon Products has a 52 week low of $1.85 and a 52 week high of $4.89. The company has a debt-to-equity ratio of -2.62, a current ratio of 1.43 and a quick ratio of 1.05.
Avon Products (NYSE:AVP) last announced its quarterly earnings results on Thursday, February 15th. The company reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.07 by $0.05. The business had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.60 billion. Avon Products had a negative return on equity of 6.19% and a net margin of 0.38%. The firm’s quarterly revenue was up .1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.01 EPS. equities analysts forecast that Avon Products will post 0.18 earnings per share for the current year.
A number of brokerages have recently weighed in on AVP. Jefferies Group set a $2.00 target price on Avon Products and gave the company a “sell” rating in a report on Thursday, February 15th. Zacks Investment Research upgraded Avon Products from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. ValuEngine upgraded Avon Products from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Deutsche Bank upped their target price on Avon Products from $2.00 to $3.00 and gave the company a “hold” rating in a report on Friday, February 16th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $2.00 target price on shares of Avon Products in a report on Friday, February 16th. Four investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $2.47.
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About Avon Products
Avon Products, Inc manufactures and markets beauty and related products in Europe, the Middle East, Africa, south Latin America, north Latin America, and the Asia Pacific. The company offers beauty products, including skincare, fragrance, and color cosmetics; and fashion and home products, such as fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children's products, and nutritional products.
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