Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    63,569.11
    -593.72 (-0.93%)
     

  • CMC Crypto 200

    1,323.15
    -73.38 (-5.25%)
     

  • S&P 500

    5,099.89
    +51.47 (+1.02%)
     

  • Dow

    38,237.53
    +151.73 (+0.40%)
     

  • Nasdaq

    15,925.13
    +313.37 (+2.01%)
     

  • Gold

    2,348.30
    +5.80 (+0.25%)
     

  • Crude Oil

    83.98
    +0.41 (+0.49%)
     

  • 10-Yr Bond

    4.6650
    -0.0410 (-0.87%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Avon Products (AVP) in Focus: Stock Tanks 10.2%

Zacks Equity Research

Avon Products Inc. (AVP) saw a big move last session, as the company’s shares fell by over 10% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $14.41 to $15.28 in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

Some better-ranked stocks in the consumer goods sector include Coty Inc. (COTY), Helen of Troy Limited (HELE) and Shiseido Company, Limited (SSDOY). All these stocks carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




AVON PRODS INC (AVP): Free Stock Analysis Report

COTY INC (COTY): Free Stock Analysis Report

HELEN OF TROY CP (HELE): Free Stock Analysis Report

SHISEIDO CO LTD SPON (SSDOY): Free Stock Analysis Report


Zacks Investment Research