Avon Products, Inc. (NYSE:AVP) registered a 0.00% increase, still its new closing price is 116.09% up from the company’s 1 year high of 6.96.It posted 0.71% gains in previous 5 sessions and is now the subject of 8 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 1 sells versus 3 buy or better ratings. The 12 stock analysts following this company have an average price target at $6.45, with individual PT in the $4.00-$8.00 range. The shares moved at $5.64, implying that brokerage firms see shares gaining about 85.53% in twelve months time.
Avon Products, Inc. (AVP) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 11.90% rise year to date. A Executive Vice President at Avon Products, Inc. (AVP) offloaded shares in a transaction closed on Friday December 30, 2016. Acosta Fernando sold 85,198 shares in the company at $5.06 each and collected $431,000 in proceeds. Acosta Fernando now owns 139,331 shares in the company after this transaction. A Director in the company, Armario Jose, disclosed a transaction on Monday November 21, 2016 that ended up paying $100,000 from the purchase of 18,215 shares at $5.5 per share.
Avon Products, Inc. (NYSE:AVP) Upcoming Results on Tap
Avon Products, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.09 in that period. Sales during the quarter are predicted to arrive at $1.35 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.41 billion in revenue and EPS of $0.02. The mean forecast was for $1.42 billion and $0.03 a share, respectively. One quarter earlier, revenue for the stock was at $1.43 billion, with earnings at $0.07/share.
Avon Products, Inc. (AVP) Brokerage Update
Avon Products, Inc. (AVP) is in Piper Jaffray’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Overweight by Piper Jaffray, according to news reported on Tuesday April 12, 2016.Another important research note was issued by Piper Jaffray on Friday January 22, 2016.The firm upgraded AVP to Overweight from Neutral. Over the last six months and over the last three months, the shares of Avon Products, Inc. (AVP), have changed 11.02% and -11.74%, respectively.