Shares of iconic cosmetics company Revlon (NYSE
NYSE
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Full Answer
Should you buy Revlon (Rev) stock?
May 10, 2021 · Shares of iconic cosmetics company Revlon (REV 3.31%) were lower by as much as 10.5% on May 10. The cause of the decline was …
What does Revlon do for a living?
May 10, 2021 · Shares of iconic cosmetics company Revlon (NYSE: REV) were lower by as much as 10.5% on May 10. The cause of the decline was …
Why did Revlon have a rough month?
Apr 17, 2022 · usatoday.com - February 10 at 8:15 PM. Revlon (NYSE:REV) Will Be Hoping To Turn Its Returns On Capital Around - Nasdaq. nasdaq.com - February 7 at 6:02 PM. Some Investors May Be Worried About Revlon's (NYSE:REV) Returns On Capital. finance.yahoo.com - …
Is Revlon about to cut its debt load substantially?
Jan 04, 2021 · Revlon ( REV 10.00%) shareholders suffered significant losses last year. Their stock dropped 45% in 2020, compared to the 16% increase logged by the S&P 500, according to data provided by S&P ...
Why is Revlon stock dropping?
Will Revlon stock recover?
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Predicted Opening Price for Revlon Inc of Thursday, May 5, 2022.
| Fair opening price May 5, 2022 | Current price |
|---|---|
| $5.50 | $5.54 (Overvalued) |
Is Revlon a good stock to buy?
The 1 analysts offering 12-month price forecasts for Revlon Inc have a median target of 8.50, with a high estimate of 8.50 and a low estimate of 8.50. The median estimate represents a +70.00% increase from the last price of 5.00.
Who owns Revlon debt?
The pandemic added pressure to an already struggling business
Demitri covers consumer goods and media companies for Fool.com, as well as broader moves in the economy. Follow @tmfsigma
What happened
Revlon ( NYSE:REV) shareholders suffered significant losses last year. Their stock dropped 45% in 2020, compared to the 16% increase logged by the S&P 500, according to data provided by S&P Global Market Intelligence.
So what
The COVID-19 pandemic had a major impact on the makeup-specialist's business by pushing sales lower and forcing an aggressive cost-cutting and restructuring effort. Revenue dove 29% in the first half of 2020, and operating losses ballooned to $245 million from $33 million a year earlier.
Now what
Revlon ended the year with some positive news that suggested it had plenty of time before its large debt burden pushed it toward bankruptcy. Its third-quarter results showed a modest improvement in sales trends, too, with revenue falling 20%, compared to the prior-quarter's 39% slump.
How much did Revlon lose?
shares fell 7% on the extended session Thursday after the beauty products maker reported a third straight quarterly loss. Revlon said it lost $44.5 million, or 83 cents a share, in the third...
Did Revlon close its debt exchange?
Revlon said Thursday it has closed a debt-exchange with creditors including billionaire Carl Icahn that will save the company from bankruptcy. Confirming an exclusive Wednesday report by The Post, the c...
How much did Revlon sales drop in 2020?
Revlon, Inc. reported as part of its financial results that as reported net sales dropped 10.4 percent in the fourth quarter of 2020 from the prior-year period, according to a Thursday (March 11) announ...
When will Revlon release results for 2021?
NEW YORK-- (BUSINESS WIRE)--Revlon, Inc. (NYSE: REV) today announced that on Thursday, March 11, 2021 the Company intends to release its results for the fourth quarter and full year ended December 31, 20... 4 months ago - Business Wire.
Does Citigroup want to freeze Revlon?
Citigroup Inc wants a U.S. judge to extend a freeze on about $504 million that it mistakenly sent a group of Revlon Inc lenders, while it appeals his decision that they can keep the money.
Can Citibank recover the money it wired to Revlon?
After committing one of the "biggest blunders in banking history," a US District Court judge ruled that Citibank cannot recover the almost half a billion dollars it accidentally wired to Revlon's lenders.
Did Citigroup wire money to Revlon?
Last year, Citigroup accidentally wired $900 million to lenders of the cosmetics firm Revlon. A judge recently ruled that those lenders do not have to return $500 million of those funds.
What stocks does MarketBeat like better than Revlon?
Wall Street analysts have given Revlon a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Revlon wasn't one of them.
When is Revlon's next earnings date?
Revlon is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.#N#View our earnings forecast for Revlon.
How were Revlon's earnings last quarter?
Revlon, Inc. (NYSE:REV) released its earnings results on Thursday, August, 5th. The company reported ($1.01) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($1.07) by $0.06.#N#View Revlon's earnings history.
How has Revlon's stock been impacted by COVID-19?
Revlon's stock was trading at $14.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, REV shares have decreased by 21.3% and is now trading at $11.78.#N#View which stocks have been most impacted by COVID-19.
Who are some of Revlon's key competitors?
Some companies that are related to Revlon include The Estée Lauder Companies (EL), Herbalife Nutrition (HLF), Prestige Consumer Healthcare (PBH), Medifast (MED), Nu Skin Enterprises (NUS), Inter Parfums (IPAR), USANA Health Sciences (USNA), Veru (VERU) and Nature's Sunshine Products (NATR).#N#View all of REV's competitors.
What other stocks do shareholders of Revlon own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Revlon investors own include Coty (COTY), Micron Technology (MU), Pfizer (PFE), AT&T (T), General Electric (GE), Verizon Communications (VZ), NVIDIA (NVDA), General Motors (GM), The Southern (SO) and Advanced Micro Devices (AMD).
What is Revlon's stock symbol?
Revlon trades on the New York Stock Exchange (NYSE) under the ticker symbol "REV."
Revlon is still working to buy back its debt for pennies on the dollar
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
Investors in cosmetics-maker Revlon ( NYSE:REV) had a very good day Tuesday. As trading wore down for the day, Revlon stock closed up 47.6% on news that Revlon may be about to cut its debt load substantially.
So what
By the way, Revlon has a substantial debt load. Against a market capitalization of just $318 million before today's run-up, Revlon has stacked up $3.4 billion worth of debt (net of cash, according to data from S&P Global Market Intelligence ).
Now what
Failure to strike a deal before Revlon's debt comes due Nov. 16 could force the company into bankruptcy court proceedings, and its stock could become worthless. Conversely, the more time Revlon gives its creditors to hash out a deal, the greater the chance a deal will be struck.
Here's What's Concerning About Revlon's (NYSE:REV) Returns On Capital
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...
Revlon (REV) Reports Q2 Loss, Tops Revenue Estimates
Revlon (REV) delivered earnings and revenue surprises of 5.61% and 6.06%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Revlon shares rise after revenue beat
Revlon Inc. stock rose 4.2% in Thursday premarket trading after the beauty company reported second-quarter revenue that beat expectations. Net losses totaled $64.7 million, or $1.25, after a loss of $112.5 million, or $2.37 per share, last year. Revenue of $497.5 million were up from $347.6 million last year.
Will Revlon (REV) Report Negative Q2 Earnings? What You Should Know
Revlon (REV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Do Hedge Funds Love Revlon Inc (REV)?
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