Edgewell Personal Care (NYSE:EPC) Price Target Cut to $23.00 by Analysts at Royal Bank Of Canada

Edgewell Personal Care (NYSE:EPC) had its price target lowered by stock analysts at Royal Bank Of Canada from $26.00 to $23.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 27.02% from the company’s previous close.

Other analysts have also issued research reports about the stock. UBS Group reduced their price target on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 6th. Barclays reduced their target price on Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. Morgan Stanley upgraded Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and lowered their price target for the stock from $26.00 to $23.00 in a report on Wednesday, August 6th. Wells Fargo & Company cut their price objective on Edgewell Personal Care from $25.00 to $23.00 and set an “overweight” rating for the company in a research report on Friday. Finally, Canaccord Genuity Group decreased their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $24.00.

Edgewell Personal Care Price Performance

Shares of NYSE EPC traded down $0.28 during mid-day trading on Friday, reaching $18.11. The company’s stock had a trading volume of 137,086 shares, compared to its average volume of 669,753. The stock has a 50-day moving average of $20.11 and a two-hundred day moving average of $23.68. 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 stock has a market capitalization of $841.37 million, a P/E ratio of 13.41 and a beta of 0.81. Edgewell Personal Care has a 1-year low of $18.00 and a 1-year high of $38.44.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 13th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.14). Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company had revenue of $537.20 million during the quarter, compared to analyst estimates of $532.67 million. During the same period in the prior year, the business posted $0.72 EPS. Edgewell Personal Care’s revenue for the quarter was up 3.8% compared to the same quarter last year. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. On average, equities research analysts anticipate that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Trading of Edgewell Personal Care

A number of institutional investors and hedge funds have recently bought and sold shares of the business. PNC Financial Services Group Inc. lifted its position in shares of Edgewell Personal Care by 238.5% during the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after purchasing an additional 687 shares in the last quarter. First Horizon Advisors Inc. increased its stake in Edgewell Personal Care by 195.3% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company’s stock worth $43,000 after buying an additional 1,215 shares during the period. GAMMA Investing LLC lifted its holdings in Edgewell Personal Care by 167.0% during the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock worth $46,000 after buying an additional 1,231 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in Edgewell Personal Care in the 2nd quarter valued at approximately $69,000. Finally, iSAM Funds UK Ltd purchased a new position in Edgewell Personal Care in the 3rd quarter valued at approximately $87,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

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.