Edgewell Personal Care Company (NYSE:EPC) to Issue Quarterly Dividend of $0.15

Edgewell Personal Care Company (NYSE:EPC) declared a quarterly dividend on Thursday, November 12th. Investors of record on Thursday, December 3rd will be given a dividend of $0.15 per share on Thursday, January 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, December 3rd.

Edgewell Personal Care has a dividend payout ratio of 19.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Edgewell Personal Care to earn $2.03 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 29.6%.

Edgewell Personal Care Stock Performance

Shares of EPC traded down $0.41 during midday trading on Thursday, reaching $28.74. 918,298 shares of the stock were exchanged, compared to its average volume of 723,597. The business’s 50-day moving average price is $27.84 and its 200 day moving average price is $24.28. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.84 and a quick ratio of 1.12. Edgewell Personal Care has a twelve month low of $15.73 and a twelve month high of $30.36. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of -14.37 and a beta of 0.36.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.77 by $0.01. Edgewell Personal Care had a negative net margin of 4.55% and a positive return on equity of 5.76%. The firm had revenue of $484.10 million during the quarter, compared to the consensus estimate of $479.88 million. During the same quarter in the prior year, the firm earned $0.68 EPS. Edgewell Personal Care’s revenue for the quarter was down 9.9% on a year-over-year basis. Edgewell Personal Care has set its FY 2027 guidance at 1.850-2.150 EPS. On average, sell-side analysts expect that Edgewell Personal Care will post 1.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on EPC. UBS Group reissued a “neutral” rating and set a $30.00 target price on shares of Edgewell Personal Care in a research note on Thursday, October 15th. Royal Bank Of Canada reissued an “outperform” rating and set a $35.00 price objective on shares of Edgewell Personal Care in a report on Tuesday. Weiss Ratings upgraded shares of Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 25th. Morgan Stanley set a $31.00 target price on shares of Edgewell Personal Care in a report on Thursday, August 6th. Finally, Barclays lifted their price target on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $31.50.

Edgewell Personal Care Company Profile

Edgewell Personal Care is a global consumer products company focused on personal grooming and sun and skin care. Its products include shaving systems, disposable razors, shaving gels and creams, sunscreens and skin care products, sold through retailers and online channels. Its brand portfolio includes Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog and Jack Black. The company serves consumers in the United States and international markets. Edgewell became an independent public company in 2015 following its separation from Energizer Holdings.