News headlines about Revlon (NYSE:REV) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Revlon earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.8636345110593 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.
These are some of the news stories that may have impacted Accern’s scoring:
- Own a Piece of History With Georgia Dome Memorabilia (bizjournals.com)
- Revlon, Inc. (REV) Lowered to “Sell” at ValuEngine (americanbankingnews.com)
- Body Mist Market Expected to Hit US$ 4,671 Mn by 2022 – Fact.MR (medgadget.com)
- Equities Analysts Set Expectations for Revlon, Inc.’s Q3 2017 Earnings (REV) (americanbankingnews.com)
- Mass Beauty & Personal Care Products Market Will Account for Revenues US$ 294 Bn by 2022 (sbwire.com)
Shares of Revlon (NYSE REV) opened at 16.05 on Monday. The stock’s market cap is $844.47 million. Revlon has a one year low of $15.60 and a one year high of $37.96. The stock has a 50 day moving average of $17.55 and a 200 day moving average of $22.53.
Revlon (NYSE:REV) last announced its quarterly earnings results on Friday, August 4th. The company reported ($0.46) earnings per share (EPS) for the quarter. The firm had revenue of $645.70 million during the quarter. Revlon had a negative return on equity of 3.09% and a negative net margin of 4.35%. On average, analysts forecast that Revlon will post $1.80 EPS for the current year.
REV has been the subject of several analyst reports. BidaskClub downgraded shares of Revlon from a “hold” rating to a “sell” rating in a report on Thursday, July 13th. Jefferies Group LLC initiated coverage on shares of Revlon in a report on Wednesday, September 13th. They issued a “hold” rating and a $16.00 target price for the company. Finally, ValuEngine downgraded shares of Revlon from a “hold” rating to a “sell” rating in a report on Friday.
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In other news, Director Ronald O. Perelman purchased 255,681 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The shares were bought at an average price of $22.94 per share, for a total transaction of $5,865,322.14. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ronald O. Perelman purchased 280,568 shares of the company’s stock in a transaction that occurred on Thursday, August 10th. The stock was purchased at an average price of $18.66 per share, for a total transaction of $5,235,398.88. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 1,305,586 shares of company stock worth $26,082,880. 78.00% of the stock is currently owned by company insiders.
Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.
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