Edgewell Personal Care Co. (EPC) Upgraded by Zacks Investment Research to “Strong-Buy”
Zacks Investment Research upgraded shares of Edgewell Personal Care Co. (NYSE:EPC) from a hold rating to a strong-buy rating in a research report released on Wednesday morning. Zacks Investment Research currently has $94.00 price objective on the stock.
According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “
EPC has been the subject of a number of other reports. Bank of America Corp. lowered Edgewell Personal Care from a buy rating to a neutral rating and set a $84.00 price target for the company. in a research report on Monday, September 12th. They noted that the move was a valuation call. FIX upgraded Edgewell Personal Care to a positive rating in a report on Wednesday, October 5th. Jefferies Group reiterated a hold rating and issued a $77.00 price objective (down from $87.00) on shares of Edgewell Personal Care in a report on Monday, August 1st. Finally, Citigroup Inc. decreased their price objective on Edgewell Personal Care from $97.00 to $94.00 and set a buy rating on the stock in a report on Wednesday, August 3rd. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of Buy and a consensus target price of $86.63.
Edgewell Personal Care (NYSE:EPC) traded down 1.15% during midday trading on Wednesday, hitting $80.55. The stock had a trading volume of 92,748 shares. Edgewell Personal Care has a 12-month low of $67.94 and a 12-month high of $88.00. The company has a market cap of $4.72 billion, a PE ratio of 26.94 and a beta of 0.83. The firm has a 50-day moving average of $77.49 and a 200-day moving average of $79.75.
Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 10th. The company reported $1.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.96 by $0.10. Edgewell Personal Care had a return on equity of 11.57% and a net margin of 7.57%. The company earned $610.60 million during the quarter, compared to analyst estimates of $572.35 million. During the same period in the previous year, the business earned $0.64 EPS. Edgewell Personal Care’s quarterly revenue was up 9.0% on a year-over-year basis. Equities research analysts forecast that Edgewell Personal Care will post $3.86 EPS for the current year.
Institutional investors have recently modified their holdings of the company. Leavell Investment Management Inc. raised its position in Edgewell Personal Care by 14.5% in the second quarter. Leavell Investment Management Inc. now owns 7,300 shares of the company’s stock worth $616,000 after buying an additional 925 shares in the last quarter. Capstone Asset Management Co. raised its position in Edgewell Personal Care by 3.4% in the second quarter. Capstone Asset Management Co. now owns 7,053 shares of the company’s stock worth $595,000 after buying an additional 230 shares in the last quarter. Fisher Asset Management LLC raised its position in Edgewell Personal Care by 18.2% in the second quarter. Fisher Asset Management LLC now owns 77,780 shares of the company’s stock worth $6,770,000 after buying an additional 12,000 shares in the last quarter. Creative Planning raised its position in Edgewell Personal Care by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock worth $164,000 after buying an additional 230 shares in the last quarter. Finally, BNP Paribas Arbitrage SA raised its position in Edgewell Personal Care by 5.9% in the second quarter. BNP Paribas Arbitrage SA now owns 25,829 shares of the company’s stock worth $2,180,000 after buying an additional 1,448 shares in the last quarter. 87.95% of the stock is currently owned by institutional investors.
Edgewell Personal Care Company Profile
Edgewell Personal Care Company, formerly Energizer Holdings, Inc, manufactures and markets personal care products in the wet shave, sun and skin care, feminine care and infant care categories. The Company operates through four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other. The Company has a portfolio of over 25 brands.
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