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How high can Avon Products Inc. (AVP) stock go? Analysts hold $4.61 price target

Author: Author Charlie HefronPosted On: Posted on April 25, 2016
The American Red Cross


Analysts are weighing in on how Avon Products Inc. (AVP), might perform in the near term. Wall Street analysts have a much less favorable assessment of of the stock, with a mean rating of 2.8. The stock is rated as buy by 2 analysts, with 1 outperform and 8 hold rating. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for strong sell.

For the current quarter, the 11 analysts offering adjusted EPS forecast have a consensus estimate of $0.03 a share, which would compare with $0.04 in the same quarter last year. They have a high estimate of $0.04 and a low estimate of $0. Revenue for the period is expected to total nearly $1.30B from $1.79B the year-ago period.

For the full year, 11 Wall Street analysts forecast this company would deliver earnings of $0.22 per share, with a high estimate of $0.3 and a low estimate of $0.15. It had reported earnings per share of $0.22 in the corresponding quarter of the previous year. Revenue for the period is expected to total nearly $5.74B versus 6.16B in the preceding year.

The analysts project the company to maintain annual growth of around 238.5 percent over the next five years as compared to an average growth rate of 23.95 percent expected for its competitors in the same industry.

Among the 11 analysts Thomson/First Call tracks, the 12-month average price target for AVP is $4.61 but some analysts are projecting the price to go as high as $7. If the optimistic analysts are correct, that represents a 43 percent upside potential from the recent closing price of $4.88. Some sell-side analysts, particularly the bearish ones, have called for $2.75 price targets on shares of Avon Products Inc..

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