Edgewell Personal Care (NYSE:EPC) Raised to Hold at StockNews.com

Edgewell Personal Care (NYSE:EPC) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Tuesday.

A number of other research firms have also recently commented on EPC. Wells Fargo & Company cut their target price on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Barclays reduced their price target on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th. Canaccord Genuity Group lowered their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. UBS Group reduced their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Finally, Morgan Stanley lowered their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Stock Down 2.1 %

NYSE EPC traded down $0.59 during trading on Tuesday, reaching $27.41. 542,618 shares of the company’s stock were exchanged, compared to its average volume of 450,378. Edgewell Personal Care has a 1 year low of $26.65 and a 1 year high of $41.50. The stock has a market cap of $1.32 billion, a P/E ratio of 14.98 and a beta of 0.94. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The company has a 50 day moving average price of $30.58 and a two-hundred day moving average price of $33.37.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, equities research analysts anticipate that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brandes Investment Partners LP increased its holdings in shares of Edgewell Personal Care by 21.1% in the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock valued at $68,600,000 after purchasing an additional 355,224 shares in the last quarter. William Blair Investment Management LLC boosted its stake in shares of Edgewell Personal Care by 40.5% during the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock worth $29,514,000 after acquiring an additional 253,014 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Edgewell Personal Care by 117.3% during the 4th quarter. Millennium Management LLC now owns 443,507 shares of the company’s stock worth $14,902,000 after acquiring an additional 239,404 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Edgewell Personal Care in the 4th quarter worth approximately $7,473,000. Finally, Marshall Wace LLP acquired a new position in Edgewell Personal Care during the fourth quarter worth $5,040,000. Institutional investors and hedge funds 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.