Getting Defensive In Emerging Markets: Avon Products, Inc. (AVP)

Wall Street analysts will be watching closely when Avon Products, Inc. (NYSE:AVP) reports its quarterly earnings next, which is scheduled for Thu 14 Feb (In 3 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.02 per share. Looking at profitability indicators, this organization has an operating margin of 5.70%, a profit margin of 0.10% and a gross margin of 60.50%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Avon Products, Inc. (NYSE:AVP). Most recently, on July 18th, 2018, Jefferies Upgrade a Hold rating. Before that, on January 4th, 2018, BofA/Merrill Downgrade to Underperform. Jefferies Initiated a Underperform rating on September 13th, 2017, UBS Reiterated an Sell rating on August 4th, 2017, and RBC Capital Mkts Reiterated a Sector Perform rating on August 4th, 2017.

At its current price point, combined with the fact that this company has 442.30M shares outstanding, the current market capitalization sits at 1.19B. In the last trading day, 7,579,613 shares of Avon Products, Inc. were traded, which compares to its usual volume of about 5.28M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.04 in the past five trading days, resulting in a percentage change of +1.52% and a moving average of 2.55. In the past 20 days, its price changed by $0.89 (which is +49.72%) and the stock’s moving average was 2.17. Looking back a full 50 days, shares of AVP changed by $0.71 (which is +36.04%) and demonstrated a moving average of 1.93.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 68.68%, a 14-day Stochastic %K score of 68.73% and a 20-day Stochastic %K score of 71.71%. Using a similar metric, Avon Products, Inc. (AVP) shares showed a Stochastic %D of 67.11% over the past 9 days, a Stochastic %D score of 67.12% over the last 14 days, and a 20-day Stochastic %D of 70.42%. Meanwhile, this stock’s MACD Oscillator was 0.06 over the past 9 days, 0.24 over the past two weeks, and 0.34 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $2.68 level. Over the past 12 months, this stock has experienced a high price of $2.99 and a low of $1.30. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Avon Products, Inc. (NYSE:AVP) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 41,076,726 shares of the company’s stock following the addition of 1,467,374 to this investor’s holdings during the three-month period. This share count represents that BlackRock Fund Advisors now held 9.29% stake in Avon Products, Inc. (AVP)’s shares.

Just in the most recent trading day, Avon Products, Inc. (NYSE:AVP) experienced a high price of $2.74 and low point of $2.51. At the end of the last trading session, this stock was at 2.68 per share, following a gain of $0.03, or 7.20% during the full day.