Avon Products Inc. (NYSE:AVP) runs in leading trade, it plummeting -1.43% to traded at $6.19. AVP attains analyst recommendation of 2.70 on scale of 1-5 with week’s performance of 0.49%. Avon Products Inc. (AVP) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Friday. The firm presently has a $6.75 price objective on the stock. Zacks Investment Research’s price objective suggests a potential upside of 12.50% from the stock’s previous close.
According to Zacks, “Avon’s efforts towards improving pricing, lowering costs, building brand strength and boosting Active Representatives are finally starting to pay-off. The firm, which had been battling waning top and bottom lines due to currency headwinds and a highly leveraged balance sheet, made a comeback in second-quarter 2016 with improved-than-predictable top- and bottom-line results. This marked the firm’s first earnings beat in the last four quarters.
It has forward price to earnings ratio of 18.59. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -103.90%, and looking further price to next year’s EPS is 137.86%. While take a short look on price to sales ratio, that was 0.51.
Harley-Davidson, Inc. (NYSE:HOG) kept active in under and overvalue discussion, HOG holds price to book ratio of 4.44 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 13.03, which is authentic method to judge but not universal for all situation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, HOG has forward price to earnings ratio of 12, compare to its price to earnings ratio of 13.03. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 1.34. The co is presenting price to cash flow as 10.34 and while calculating price to free cash flow it concluded at 21.78, the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 2.36% for a week and 2.50% for a month. Its beta stands at 1.03 times. Narrow down four to firm performance, its weekly performance was -1.62% and monthly performance was -3.87%.