Edgewell Personal Care Co (NYSE:EPC) Receives Average Rating of “Moderate Buy” from Analysts

Edgewell Personal Care Co (NYSE:EPC) has been assigned a consensus recommendation of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $42.40.

Several brokerages have commented on EPC. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Barclays dropped their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a research report on Monday, November 11th. Finally, Truist Financial dropped their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th.

Edgewell Personal Care Stock Performance

EPC stock opened at $35.37 on Tuesday. Edgewell Personal Care has a 1 year low of $33.27 and a 1 year high of $41.50. The stock’s fifty day moving average is $35.61 and its two-hundred day moving average is $37.56. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 18.05 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The business had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. During the same period in the previous year, the business earned $0.72 earnings per share. The company’s revenue was down 3.1% on a year-over-year basis. On average, research analysts predict that Edgewell Personal Care will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be paid a $0.15 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.70%. Edgewell Personal Care’s dividend payout ratio is currently 30.61%.

Hedge Funds Weigh In On Edgewell Personal Care

Several institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. grew its stake in Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after acquiring an additional 332 shares in the last quarter. TD Private Client Wealth LLC grew its stake in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after buying an additional 693 shares in the last quarter. Clearstead Trust LLC bought a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at approximately $33,000. Daiwa Securities Group Inc. grew its stake in shares of Edgewell Personal Care by 16.5% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,060 shares of the company’s stock valued at $284,000 after buying an additional 1,000 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. grew its stake in shares of Edgewell Personal Care by 17.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,363 shares of the company’s stock valued at $296,000 after buying an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

About Edgewell Personal Care

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other.