Home / Street Sector / Stocks Aim To Attain Analyst Attentions: Avon Products Inc. (NYSE:AVP), Hanesbrands Inc. (NYSE:HBI)

Stocks Aim To Attain Analyst Attentions: Avon Products Inc. (NYSE:AVP), Hanesbrands Inc. (NYSE:HBI)

Avon Products Inc. (NYSE:AVP) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.74% to close at $5.64 with the total traded volume of 3.34 Million shares. Procter & Gamble Co. (PG) has leased a large amount of space within a massive Springdale office and industrial complex that was once filled by Avon Products Inc. Cincinnati-based P&G (NYSE: PG) will use the 285,000-square-feet of space in what’s now called Progress Park to support its local technical centers, a spokesman for the consumer products firm told the Business Courier.

The P&G spokesman declined to say how many people will work in the space at 175 Progress Place in Springdale or what they would do. P&G is predictable to occupy the space later this year, stated John Stott, vice president with Progress Park owner First Highland Management and Development Corp. First Highland is renovating the space to accommodate P&G.

Finally, analysts shed their light over the AVP price targets; maintaining price high target of 8 while at average the price target was 5.56 in contrast with the current price of 5.64. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 3 analysts recommending BUY ratings for current month and for previous month 3 stands on similar situation; while 10 for the current month as compared to 10 analysts recommending for HOLD from the pool for previous month. While  1 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Hold.

The firm has institutional ownership of 91.40%, while insider ownership included 0.20%. Its price to sales ratio ended at 0.47. AVP attains analyst recommendation of 2.70 with week performance of 0%.

Hanesbrands Inc. (NYSE:HBI) [Trend Analysis] plunged reacts as active mover, shares a decrease -0.35% to traded at $25.59 and the percentage gap between open changing to regular change was -0.23%. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked HBI in recent few months. In ratings table the HBI given BUY ratings by 14 analysts in current phase. HBI. While 3 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Buy security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.56 at current month while compared with $0.56 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.59 and on annual basis FY 2016 estimate trends at current was for $1.92 as compared to one month ago of $1.92, and for next year per share earnings estimates have $2.21.

The firm’s current ratio calculated as 2.30 for the most recent quarter. The firm past twelve months price to sales ratio was 1.70 and price to cash ratio remained 14.63. As far as the returns are concern, the return on equity was recorded as 43.30% and return on investment was 14.20% while its return on asset stayed at 8.20%. The firm has total debt to equity ratio measured as 3.65.


About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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