Edgewell Personal Care (NYSE:EPC) Price Target Lowered to $30.00 at Barclays

Edgewell Personal Care (NYSE:EPC) had its price target lowered by Barclays from $33.00 to $30.00 in a research report report published on Tuesday,Benzinga reports. The brokerage currently has an equal weight rating on the stock.

Several other brokerages have also weighed in on EPC. Royal Bank of Canada dropped their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday. Morgan Stanley cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday. UBS Group decreased 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 research report on Thursday, January 16th. Truist Financial reduced their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Finally, Wells Fargo & Company lowered 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. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. According to MarketBeat, Edgewell Personal Care has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC opened at $28.57 on Tuesday. The company has a market cap of $1.39 billion, a PE ratio of 14.58 and a beta of 0.88. Edgewell Personal Care has a fifty-two week low of $26.65 and a fifty-two week high of $41.50. The firm has a 50-day simple moving average of $33.60 and a 200 day simple moving average of $35.63. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last posted its earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. On average, sell-side analysts anticipate that Edgewell Personal Care will post 3.19 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 2.10%. Edgewell Personal Care’s dividend payout ratio (DPR) is 30.61%.

Institutional Investors Weigh In On Edgewell Personal Care

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in Edgewell Personal Care by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock worth $194,875,000 after buying an additional 24,850 shares during the period. American Century Companies Inc. boosted its holdings in shares of Edgewell Personal Care by 2.0% in the fourth quarter. American Century Companies Inc. now owns 3,222,739 shares of the company’s stock worth $108,284,000 after buying an additional 64,257 shares during the period. Brandes Investment Partners LP increased its position in shares of Edgewell Personal Care by 21.1% in the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock worth $68,600,000 after acquiring an additional 355,224 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Edgewell Personal Care by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock valued at $41,078,000 after acquiring an additional 6,964 shares during the period. Finally, William Blair Investment Management LLC lifted its position in shares of Edgewell Personal Care by 40.5% in the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock valued at $29,514,000 after acquiring an additional 253,014 shares in the last quarter. 91.91% of the stock is owned by 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.