Edgewell Personal Care Company (NYSE:EPC) Receives Average Rating of “Hold” from Analysts

Shares of Edgewell Personal Care Company (NYSE:EPC) have received an average rating of “Hold” from the eight research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $29.2857.

EPC has been the topic of several research analyst reports. UBS Group dropped their price objective on Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Royal Bank Of Canada dropped their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating on the stock in a report on Thursday, May 8th. Zacks Research lowered Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a report on Tuesday. Canaccord Genuity Group dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Finally, Wells Fargo & Company dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th.

Hedge Funds Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in shares of Edgewell Personal Care by 238.5% in the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after acquiring an additional 687 shares in the last quarter. First Horizon Advisors Inc. raised its position in Edgewell Personal Care by 195.3% in the second quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company’s stock valued at $43,000 after purchasing an additional 1,215 shares during the period. GAMMA Investing LLC raised its position in Edgewell Personal Care by 167.0% in the second quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock valued at $46,000 after purchasing an additional 1,231 shares during the period. Sterling Capital Management LLC grew its stake in shares of Edgewell Personal Care by 805.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock valued at $51,000 after buying an additional 1,362 shares in the last quarter. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at $69,000. Hedge funds and other institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Stock Up 0.1%

Shares of EPC stock opened at $23.3910 on Friday. The stock’s 50-day simple moving average is $24.34 and its 200-day simple moving average is $27.70. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77. The firm has a market capitalization of $1.09 billion, a PE ratio of 17.33 and a beta of 0.81. Edgewell Personal Care has a fifty-two week low of $19.13 and a fifty-two week high of $40.71.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.09). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The business had revenue of $627.20 million during the quarter, compared to analyst estimates of $658.51 million. During the same period in the previous year, the business posted $1.22 earnings per share. The firm’s revenue for the quarter was down 3.2% on a year-over-year basis. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Equities analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Thursday, September 4th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is 44.44%.

Edgewell Personal Care Company Profile

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.