ValuEngine upgraded shares of Revlon (NYSE:REV) from a hold rating to a buy rating in a research note published on Tuesday.

REV has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Revlon from a sell rating to a hold rating in a research report on Wednesday, July 11th. Jefferies Financial Group reiterated a hold rating and set a $18.00 price objective on shares of Revlon in a research report on Friday, August 10th.

REV stock opened at $24.46 on Tuesday. The company has a market cap of $1.19 billion, a P/E ratio of -13.02 and a beta of 0.27. Revlon has a 1 year low of $14.00 and a 1 year high of $26.80. The company has a quick ratio of 0.53, a current ratio of 1.01 and a debt-to-equity ratio of -2.70.

Revlon (NYSE:REV) last released its quarterly earnings data on Thursday, August 9th. The company reported ($1.54) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.27) by ($1.27). The company had revenue of $606.80 million for the quarter, compared to analyst estimates of $637.30 million. As a group, research analysts expect that Revlon will post -3.15 earnings per share for the current fiscal year.

In other Revlon news, Director Ronald O. Perelman bought 75,000 shares of Revlon stock in a transaction on Tuesday, August 14th. The shares were purchased at an average cost of $17.30 per share, with a total value of $1,297,500.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Ronald O. Perelman bought 35,000 shares of Revlon stock in a transaction on Tuesday, September 25th. The shares were acquired at an average cost of $21.50 per share, for a total transaction of $752,500.00. The disclosure for this purchase can be found here. Insiders have acquired a total of 428,943 shares of company stock worth $7,888,729 over the last three months. Insiders own 85.00% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Mittleman Brothers LLC grew its holdings in Revlon by 13.3% during the 2nd quarter. Mittleman Brothers LLC now owns 3,352,585 shares of the company’s stock worth $58,838,000 after acquiring an additional 394,720 shares during the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its holdings in Revlon by 81.1% during the 2nd quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 934,389 shares of the company’s stock worth $16,399,000 after acquiring an additional 418,317 shares during the last quarter. Schwab Charles Investment Management Inc. grew its holdings in Revlon by 9.0% during the 1st quarter. Schwab Charles Investment Management Inc. now owns 63,315 shares of the company’s stock worth $1,305,000 after acquiring an additional 5,240 shares during the last quarter. AMS Capital Ltda bought a new stake in Revlon during the 2nd quarter worth approximately $956,000. Finally, Bank of America Corp DE grew its holdings in Revlon by 400.7% during the 2nd quarter. Bank of America Corp DE now owns 21,425 shares of the company’s stock worth $376,000 after acquiring an additional 17,146 shares during the last quarter. 14.84% of the stock is currently owned by hedge funds and other institutional investors.

Revlon Company Profile

Revlon, Inc, through its subsidiaries, manufactures, markets, distributes, and sells beauty and personal care products worldwide. The company's Consumer segment offers cosmetics under the Revlon, Almay, SinfulColors, and Pure Ice brands; women's hair color products under the Revlon ColorSilk brand; beauty tools under the Revlon brand; nail care products under the Cutex brand; and anti-perspirant deodorants under the Mitchum name, as well as skin care line under the Natural Honey brand and hair color line under the Llongueras brand.

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