Published: Fri, May 11, 2018
Markets | By Otis Pena

Avon Products Inc (AVP) Expected to Announce Quarterly Sales of $1.43 Billion

Avon Products Inc. (AVP) stock price fell -43.25 percent over the past one year, while increased 6.19 percent during the past 6 months. However the low revenue estimates for the company are $1.39 Billion versus high revenue estimates of $1.46 Billion.

AREX's price to sales ratio for trailing twelve months is 2.37 and price to book ratio for most recent quarter is 0.41, whereas price to cash per share for the most recent quarter is N/A. The institutional investor owned 995,525 shares of the company's stock after selling 608,368 shares during the period.

11 analysts on average are expecting Avon Products report earnings of $0.01 per share for the current quarter. The company's distance from 52-week high price is -46.66% and current price is above +12.16% from 52-week low price. Royal Bank of Canada reiterated a "sector perform" rating and set a $2.00 target price on shares of Avon Products in a report on Friday, February 16th.

Avon Products (NYSE:AVP) last posted its quarterly earnings results on Thursday, May 3rd. The company reported ($0.02) earnings per share for the quarter, hitting the Zacks' consensus estimate of ($0.02). Its revenue totaled $2.64 billion up 0.17% from the previous quarter. Avon Products had a negative return on equity of 9.55% and a net margin of 0.66%.

Analyzing the overall image of stock during recent quarter then we found that stock performance is trading down -10.82%.

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Moving toward the second part of analysis is "Returns", WestRock Company (NYSE:WRK) has returns on investment of 4.00% which indicates firm's investment efficiency or to compare the efficiency of a number of different investments. ValuEngine downgraded shares of Avon Products from a "hold" rating to a "sell" rating in a research report on Wednesday, March 7th. Zacks Investment Research cut shares of Avon Products from a "hold" rating to a "strong sell" rating in a report on Tuesday, April 17th. Currently Analysts have a mean recommendation of 3.00 on the shares. Finally, Jefferies Group set a $2.00 target price on shares of Avon Products and gave the stock a "sell" rating in a report on Thursday, February 15th. Deutsche Bank raised their price target on shares of Avon Products from $2.00 to $3.00 and gave the stock a "hold" rating in a research note on Friday, February 16th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The target implies a 26.48% spike from where the shares are now trading.

Eldorado Gold Corp (NYSE:EGO) shares traded on -1.1% below secure line and closed at $0.96.

Cypress Semiconductor Corporation (NASDAQ:CY) ended its day at 16.06 with the rising stream of 2.49% and its total traded volume was 5.15 million shares less than the average volume. A beta below 1 can indicate either an investment with lower volatility than the market, or a volatile investment whose price movements are not highly correlated with the market.

The company's Average Revenue Estimate for the current quarter is $1.43 Billion, while Low and High Revenue Estimates are $1.39 Billion and $1.46 Billion respectively. Avon Products has a 52-week low of $1.92 and a 52-week high of $1.97.

AVP has been the subject of a number of recent research reports. Ltd. now owns 51,362 shares of the company's stock worth $114,000 after acquiring an additional 32,268 shares in the last quarter. Macquarie Group Ltd. grew its position in shares of Avon Products by 12.0% in the 4th quarter. CIBC Asset Management Inc now owns 54,768 shares of the company's stock worth $156,000 after purchasing an additional 39,412 shares during the last quarter. Stone Ridge Asset Management LLC bought a new stake in Avon Products in the fourth quarter worth $172,000. Xact Kapitalforvaltning AB acquired a new stake in Avon Products during the fourth quarter worth about $136,000. Dimensional Fund Advisors LP now owns 7,899,310 shares of the company's stock worth $18,406,000 after buying an additional 193,839 shares during the period.

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