AVP - Avon Is Calling: Invest In The Growth Or Speculate On The Takeover

Introduction

Avon’s Historical Operating Results and Price Action

Since 2008 Avon’s (AVP) earnings have continuously eroded and its stock price has followed. Moreover, after its dividend grew for many years, the company cut it by 18 ½% for 2012, slashed it an additional 68% in 2013 and then eliminated their dividend altogether in 2016. As a result, investing in Avon has been a significant losing proposition for more than a decade.

Avon - From Value Trap to Growth Stock: Future Earnings Estimates

However, that has changed dramatically thus far in fiscal and calendar year 2019.