Elizabeth Arden Inc. (RDEN) Sets New 1-Year High at $13.98
Elizabeth Arden Inc. (NASDAQ:RDEN) hit a new 52-week high during trading on Monday . The company traded as high as $13.98 and last traded at $13.93, with a volume of 101,313 shares traded. The stock had previously closed at $13.94.
A number of equities research analysts have commented on the stock. B. Riley reissued a “neutral” rating and set a $8.50 price objective on shares of Elizabeth Arden in a report on Saturday, May 14th. Zacks Investment Research lowered shares of Elizabeth Arden from a “buy” rating to a “hold” rating in a report on Tuesday, July 12th. Finally, Imperial Capital reissued an “outperform” rating and set a $14.00 price objective on shares of Elizabeth Arden in a report on Wednesday, June 8th.
The stock’s 50-day moving average is $13.89 and its 200 day moving average is $9.99. The firm’s market cap is $417.49 million.
Elizabeth Arden (NASDAQ:RDEN) last posted its earnings results on Wednesday, August 10th. The company reported ($0.58) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.78) by $0.20. The firm had revenue of $192.70 million for the quarter, compared to analyst estimates of $193.75 million. On average, equities research analysts expect that Elizabeth Arden Inc. will post ($0.60) earnings per share for the current fiscal year.
Elizabeth Arden, Inc is a global beauty products company with a portfolio of fragrance, skin care and cosmetics brands. The Company’s product portfolio includes Elizabeth Arden Brand, such as the Elizabeth Arden skin care brands (Visible Difference, Ceramide, Prevage, Eight Hour Cream, Superstart and Elizabeth Arden Pro), Elizabeth Arden branded lipstick, foundation and other color cosmetics products and Elizabeth Arden fragrances (Red Door, 5th Avenue, Elizabeth Arden Green Tea and UNTOLD); designer fragrances, which include Juicy Couture, John Varvatos, and Wildfox Couture; Heritage Fragrances, such as Curve, Elizabeth Taylor, Britney Spears, Halston, Ed Hardy, Geoffrey Beene, Alfred Sung, Giorgio Beverly Hills, Lucky, PS Fine Cologne, White Shoulders, BCBGMAXAZRIA, Rocawear and Jennifer Aniston, and celebrity fragrances, which include the fragrance brands of Justin Bieber, Mariah Carey, Nicki Minaj and Taylor Swift.
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