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

Shares of Edgewell Personal Care Co (NYSE:EPC) have been assigned an average rating of “Moderate Buy” from the five research firms that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $42.40.

A number of analysts recently weighed in on the stock. Barclays decreased their target price on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a report on Monday, November 11th. Truist Financial lowered their price objective on 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. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Finally, UBS Group decreased their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th.

Edgewell Personal Care Trading Down 0.6 %

NYSE:EPC opened at $34.68 on Friday. 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 price is $35.50 and its two-hundred day moving average price is $37.93. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The company has a market cap of $1.69 billion, a P/E ratio of 17.69 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The business had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same quarter last year, the company earned $0.72 EPS. The firm’s revenue was down 3.1% compared to the same quarter last year. As a group, analysts expect that Edgewell Personal Care will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be given a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.73%. Edgewell Personal Care’s payout ratio is 30.61%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Clearstead Trust LLC bought a new position in shares of Edgewell Personal Care during the 2nd quarter valued at $33,000. Prospera Private Wealth LLC purchased a new stake in Edgewell Personal Care during the third quarter valued at about $48,000. Acadian Asset Management LLC bought a new position in shares of Edgewell Personal Care during the second quarter valued at about $53,000. Innealta Capital LLC purchased a new position in shares of Edgewell Personal Care in the second quarter worth about $76,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at about $84,000. 91.91% of the stock is currently owned by institutional investors.

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.