Avon Products (AVP) Receiving Somewhat Favorable Media Coverage, Report Shows
Press coverage about Avon Products (NYSE:AVP) has been trending somewhat positive on Saturday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Avon Products earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.5620357398877 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- What is at stake for Uber in U.S. bribery probe? (reuters.com)
- Avon Products, Inc. (AVP) noted a price change of 1.21% and CoreCivic, Inc. (CXW) closes with a move of 1.02% – Stocks Gallery (stocksgallery.com)
- Consumer staples underperform after Dr Pepper warning – Seeking Alpha (seekingalpha.com)
- UPDATE 3-Hack of Wall St regulator rattles investors, lawmakers (finance.yahoo.com)
- Avon Products, Inc. (AVP) Weigh On Beatable Move and Margin Ratio Analysis- Valvoline Inc. (VVV) – Investing News Update (investingbizz.com)
Shares of Avon Products (NYSE:AVP) traded up 1.24% on Friday, reaching $2.45. The company’s stock had a trading volume of 2,587,356 shares. Avon Products has a 1-year low of $2.40 and a 1-year high of $6.96. The company’s 50 day moving average is $2.69 and its 200-day moving average is $3.62. The stock’s market cap is $1.08 billion.
Avon Products (NYSE:AVP) last issued its quarterly earnings results on Thursday, August 3rd. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.10). The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.44 billion. Avon Products had a negative net margin of 0.99% and a negative return on equity of 3.68%. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.07 earnings per share. On average, equities analysts predict that Avon Products will post $0.15 earnings per share for the current fiscal year.
AVP has been the subject of several research analyst reports. Zacks Investment Research raised Avon Products from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 5th. Stifel Nicolaus reaffirmed a “hold” rating on shares of Avon Products in a research report on Thursday, August 3rd. Royal Bank Of Canada dropped their target price on Avon Products from $4.00 to $3.00 and set a “sector perform” rating on the stock in a research report on Friday, August 4th. Deutsche Bank AG reaffirmed a “hold” rating and issued a $3.00 target price (down from $5.00) on shares of Avon Products in a research report on Friday, August 4th. Finally, ValuEngine lowered Avon Products from a “hold” rating to a “sell” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.71.
About Avon Products
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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