Revlon Inc. (NYSE:REV) saw an upside of 3.77% to close Friday at $6.60 after adding $0.24 on the day. The 5-day average trading volume is 566,400 shares of the company’s common stock. It has gained $6.87 in the past week and touched a new high 1 time within the past 5 days. An average of 2,333,365 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,340,828.
REV’s 1-month performance is -21.05% or -$1.89 on its low of $5.62 reached on 08/22/22. The company’s shares have touched a 52-week low of $1.08 and high of $17.65, with the stock’s rally to the 52-week high happening on 01/04/22. YTD, REV has lost -41.80% or -$4.74 and has reached a new high 2 times. However, the current price is down -62.61% from the 52-week high price.
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On Aug 10, 40 days have gone by since the last insider trading activity for Revlon Inc. (REV). Yildiz Beril (VP, CAO & Controller) most recently sold 2,860 shares at $7.28 per share on Aug 10. This transaction cost the insider $20,821.
REV stock has a beta of 1.87. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.17.
Revlon Inc.’s quick ratio for the period ended March 30 was 0.80, with the current ratio over the same period at 1.20. In terms of profitability, the gross margin trailing 12 months is 58.70%. The firm’s gross profit as reported stood at $1.23 billion against revenue of $2.08 billion.
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 75.44% to -$275.6 million, while revenue of -$67.0 million was 75.69% off the previous quarter. Analysts expected REV to announce -$1.65 per share in earnings in its latest quarter, but it posted -$1.14, representing a 30.90% surprise. EBITDA for the quarter stood at more than $15.5 million. REV stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 4.85 billion, with total debt at $3.44 billion. Shareholders hold equity totaling $54.29 million.
Let’s look briefly at Revlon Inc. (REV) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 16 September was 46.33% to suggest the stock is trending Neutral, with historical volatility in this time period at 39.55%.
The stock’s 5-day moving average is $6.52, reflecting a -0.90% or -$0.06 change from its current price. REV is currently trading -20.77% above its 20-day SMA, +5.10% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +13.21% and SMA200 by-41.95%.
Stochastic %K and %D was 43.42% and 38.92% and the average true range (ATR) pointed at 0.66. The RSI (14) points at 47.57%, while the 14-day stochastic is at 51.72% with the period’s ATR at 0.82. The stock’s 9-day MACD Oscillator is pointing at -0.09 and -0.17 on the 14-day charts.
In the most recent analyst report for Revlon Inc. (NYSE: REV), Jefferies launched coverage with a Hold rating. Analysts offering their rating for REV stock have a consensus rating for the stock as Hold. Currently, 0 brokerage advisors rate REV as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 0 have offered a “buy” rating.
What is REV’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $8.50 and a high of $8.50, with their median price target at $8.50. Looking at these predictions, the average price target given by analysts is for Revlon Inc. (REV) stock is $8.50.