Avon Products, Inc. (NYSE:AVP) – Investment analysts at DA Davidson decreased their FY2017 earnings estimates for Avon Products in a research note issued to investors on Monday. DA Davidson analyst L. Weiser now expects that the company will post earnings per share of ($0.01) for the year, down from their prior estimate of $0.16. DA Davidson has a “Hold” rating and a $2.00 price target on the stock. DA Davidson also issued estimates for Avon Products’ Q4 2017 earnings at $0.06 EPS, Q1 2018 earnings at ($0.05) EPS and FY2018 earnings at $0.13 EPS.

Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of Avon Products from a “hold” rating to a “buy” rating and set a $2.50 target price on the stock in a report on Monday, October 23rd. Stifel Nicolaus reissued a “hold” rating and issued a $3.00 target price on shares of Avon Products in a report on Friday, November 3rd. Royal Bank Of Canada reissued a “hold” rating and issued a $3.00 target price on shares of Avon Products in a report on Friday, October 13th. Deutsche Bank AG reissued a “hold” rating and issued a $3.00 target price (down previously from $5.00) on shares of Avon Products in a report on Friday, August 4th. Finally, ValuEngine cut shares of Avon Products from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Three investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $2.91.

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Avon Products (AVP) opened at $1.92 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.42 and a debt-to-equity ratio of -2.31. Avon Products has a twelve month low of $1.89 and a twelve month high of $6.03.

Avon Products (NYSE:AVP) last issued its earnings results on Thursday, November 2nd. The company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.04). Avon Products had a negative return on equity of 3.68% and a negative net margin of 1.40%. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the prior year, the business earned $0.02 EPS. The business’s revenue was up .7% on a year-over-year basis.

Large investors have recently made changes to their positions in the business. Alpine Global Management LLC acquired a new stake in shares of Avon Products in the second quarter valued at approximately $100,000. Shelton Capital Management acquired a new stake in shares of Avon Products in the second quarter valued at approximately $122,000. Oakbrook Investments LLC increased its stake in shares of Avon Products by 2.5% in the second quarter. Oakbrook Investments LLC now owns 32,500 shares of the company’s stock valued at $124,000 after purchasing an additional 800 shares during the period. LS Investment Advisors LLC increased its stake in shares of Avon Products by 17.5% in the second quarter. LS Investment Advisors LLC now owns 35,108 shares of the company’s stock valued at $133,000 after purchasing an additional 5,217 shares during the period. Finally, Bank of Montreal Can increased its stake in shares of Avon Products by 5.7% in the second quarter. Bank of Montreal Can now owns 40,376 shares of the company’s stock valued at $153,000 after purchasing an additional 2,165 shares during the period. Institutional investors own 84.70% of the company’s stock.

Avon Products Company Profile

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).

Earnings History and Estimates for Avon Products (NYSE:AVP)

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