Edgewell Personal Care Co (NYSE:EPC) Receives $36.57 Average PT from Brokerages

Edgewell Personal Care Co (NYSE:EPC) has earned an average rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $36.57.

EPC has been the subject of a number of analyst reports. 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 research note on Thursday, January 16th. Wells Fargo & Company reduced their target price on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday, February 11th. Royal Bank of Canada reduced their target price on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Canaccord Genuity Group reduced their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Finally, Morgan Stanley reduced their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th.

Edgewell Personal Care Stock Performance

Shares of EPC opened at $29.37 on Thursday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. Edgewell Personal Care has a 1 year low of $26.65 and a 1 year high of $41.50. The company’s 50 day simple moving average is $31.52 and its 200 day simple moving average is $34.05. The company has a market capitalization of $1.42 billion, a price-to-earnings ratio of 16.05 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last announced 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 net margin of 4.09% and a return on equity of 9.29%. On average, sell-side analysts predict that Edgewell Personal Care will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.04%. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

Institutional Investors Weigh In On Edgewell Personal Care

Large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC raised its holdings in shares of Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock valued at $25,000 after acquiring an additional 347 shares during the period. R Squared Ltd acquired a new position in Edgewell Personal Care in the 4th quarter valued at approximately $36,000. Wolverine Asset Management LLC increased its stake in Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after buying an additional 800 shares during the period. Prospera Private Wealth LLC acquired a new position in Edgewell Personal Care in the 3rd quarter valued at approximately $48,000. Finally, Sterling Capital Management LLC increased its stake in Edgewell Personal Care by 805.9% in the 4th 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 during the period. 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.