Edgewell Personal Care Co (NYSE:EPC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Edgewell Personal Care Co (NYSE:EPC) have received a consensus rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $36.29.

Several equities research analysts have commented on the stock. Canaccord Genuity Group lowered 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. StockNews.com raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Tuesday, April 8th. Barclays dropped their price objective on Edgewell Personal Care from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Friday. Morgan Stanley decreased their target price on 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. Finally, Royal Bank of Canada dropped their price target on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 11th.

Edgewell Personal Care Stock Up 1.4 %

NYSE:EPC opened at $29.80 on Monday. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. Edgewell Personal Care has a 12-month low of $26.65 and a 12-month high of $41.50. The stock’s fifty day simple moving average is $30.32 and its 200-day simple moving average is $33.19. The firm has a market capitalization of $1.44 billion, a P/E ratio of 16.28 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Monday, February 10th. The company reported $0.07 earnings per share (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%. Equities research analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.01%. Edgewell Personal Care’s payout ratio is presently 32.79%.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors have recently bought and sold shares of the company. Barclays PLC raised its holdings in shares of Edgewell Personal Care by 563.6% in the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after purchasing an additional 126,168 shares during the last quarter. JPMorgan Chase & Co. grew its position in Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after purchasing an additional 39,059 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after buying an additional 85,467 shares during the last quarter. SG Americas Securities LLC lifted its position in Edgewell Personal Care by 208.2% during the 4th quarter. SG Americas Securities LLC now owns 16,553 shares of the company’s stock worth $556,000 after buying an additional 11,183 shares in the last quarter. Finally, Amundi boosted its stake in shares of Edgewell Personal Care by 188.6% during the 4th quarter. Amundi now owns 25,051 shares of the company’s stock worth $807,000 after buying an additional 16,370 shares during the last quarter. Institutional investors 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.