Edgewell Personal Care (NYSE:EPC) Lowered to “Sell” Rating by StockNews.com

Edgewell Personal Care (NYSE:EPC) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a report issued on Saturday.

Several other research analysts have also weighed in on EPC. UBS Group dropped their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Barclays dropped their target price on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a report on Tuesday, February 11th. Royal Bank of Canada decreased their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a report on Tuesday, February 11th. Canaccord Genuity Group dropped their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Finally, Morgan Stanley cut 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 report on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Edgewell Personal Care presently has a consensus rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Stock Performance

Shares of EPC opened at $30.68 on Friday. Edgewell Personal Care has a one year low of $26.65 and a one year high of $41.50. The company has a 50-day moving average of $31.24 and a two-hundred day moving average of $33.78. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 16.77 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, equities research analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of EPC. Brandes Investment Partners LP boosted its holdings in 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 purchasing an additional 355,224 shares in the last quarter. William Blair Investment Management LLC raised its holdings in Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company’s stock valued at $29,514,000 after buying an additional 253,014 shares in the last quarter. Millennium Management LLC lifted its position in shares of Edgewell Personal Care by 117.3% in the fourth quarter. Millennium Management LLC now owns 443,507 shares of the company’s stock worth $14,902,000 after buying an additional 239,404 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Edgewell Personal Care during the 4th quarter worth about $7,473,000. Finally, Marshall Wace LLP acquired a new position in shares of Edgewell Personal Care during the 4th quarter valued at about $5,040,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

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.