Edgewell Personal Care (EPC) Price Target Cut to $46.00 by Analysts at UBS Group
Edgewell Personal Care (NYSE:EPC) had its target price lowered by UBS Group from $51.00 to $46.00 in a report released on Wednesday morning, www.benzinga.com reports. UBS Group currently has a neutral rating on the stock.
EPC has been the subject of several other research reports. Morgan Stanley raised their price target on shares of Edgewell Personal Care from $49.00 to $53.00 and gave the stock an equal weight rating in a research note on Friday, August 31st. TheStreet upgraded shares of Edgewell Personal Care from a d+ rating to a c- rating in a research note on Wednesday, August 22nd. Wells Fargo & Co decreased their price target on shares of Edgewell Personal Care from $51.00 to $48.00 and set a market perform rating for the company in a research note on Wednesday, October 17th. Jefferies Financial Group restated a hold rating and set a $49.00 price target on shares of Edgewell Personal Care in a research note on Tuesday. Finally, Zacks Investment Research upgraded shares of Edgewell Personal Care from a sell rating to a hold rating in a research note on Thursday, November 8th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The company presently has a consensus rating of Hold and an average target price of $49.18.
Shares of EPC stock traded up $0.93 during trading hours on Wednesday, hitting $42.74. 49,950 shares of the company were exchanged, compared to its average volume of 741,989. The company has a quick ratio of 0.79, a current ratio of 1.25 and a debt-to-equity ratio of 0.64. Edgewell Personal Care has a 52-week low of $39.50 and a 52-week high of $62.67. The firm has a market cap of $2.50 billion, a P/E ratio of 10.74, a PEG ratio of 5.32 and a beta of 0.73.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. boosted its holdings in Edgewell Personal Care by 15.3% in the 2nd quarter. BlackRock Inc. now owns 9,272,107 shares of the company’s stock worth $467,871,000 after buying an additional 1,231,893 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Edgewell Personal Care by 6.2% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,122,964 shares of the company’s stock worth $98,145,000 after buying an additional 123,360 shares during the period. Gamco Investors INC. ET AL boosted its holdings in Edgewell Personal Care by 2.8% in the 3rd quarter. Gamco Investors INC. ET AL now owns 1,917,492 shares of the company’s stock worth $88,646,000 after buying an additional 53,098 shares during the period. FMR LLC boosted its holdings in Edgewell Personal Care by 33.9% in the 2nd quarter. FMR LLC now owns 1,432,593 shares of the company’s stock worth $72,289,000 after buying an additional 362,477 shares during the period. Finally, American Century Companies Inc. boosted its holdings in Edgewell Personal Care by 16.3% in the 2nd quarter. American Century Companies Inc. now owns 1,225,596 shares of the company’s stock worth $61,844,000 after buying an additional 171,580 shares during the period. 95.04% 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.
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