Revlon Inc (NYSE:REV) Director E Scott Beattie sold 20,000 shares of the business’s stock in a transaction dated Tuesday, September 18th. The shares were sold at an average price of $23.24, for a total value of $464,800.00. Following the completion of the transaction, the director now owns 73,458 shares in the company, valued at approximately $1,707,163.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
NYSE:REV traded up $0.11 during mid-day trading on Friday, hitting $24.46. 271,779 shares of the company’s stock traded hands, compared to its average volume of 132,182. Revlon Inc has a 12 month low of $14.00 and a 12 month high of $26.80. The company has a market cap of $1.19 billion, a price-to-earnings ratio of -12.67 and a beta of 0.27. 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 announced its earnings results on Thursday, August 9th. The company reported ($1.54) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($1.27). The company had revenue of $606.80 million during the quarter, compared to analysts’ expectations of $637.30 million. Analysts anticipate that Revlon Inc will post -3.15 EPS for the current year.
Several research firms have recently issued reports on REV. Zacks Investment Research upgraded Revlon from a “strong sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine upgraded Revlon from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $18.00 price target on shares of Revlon in a research note on Friday, August 10th.
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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