Edgewell Personal Care (NYSE:EPC) Reaches New 1-Year Low – What’s Next?

Shares of Edgewell Personal Care Company (NYSE:EPC) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $18.63 and last traded at $18.7830, with a volume of 50618 shares changing hands. The stock had previously closed at $19.39.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on EPC shares. Barclays reduced their price objective on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 6th. UBS Group reduced their price objective on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 6th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Edgewell Personal Care in a research note on Wednesday, October 8th. Finally, Wells Fargo & Company reduced their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, September 25th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.33.

Edgewell Personal Care Stock Down 1.7%

The firm has a market capitalization of $885.60 million, a P/E ratio of 14.10 and a beta of 0.83. The firm’s 50-day moving average is $20.98 and its 200 day moving average is $24.32. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.91 and a current ratio of 1.77.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.01 by ($0.09). The company had revenue of $627.20 million during the quarter, compared to the consensus estimate of $658.51 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The company’s revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.22 earnings per share. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, equities research analysts predict that Edgewell Personal Care Company will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 3.1%. The ex-dividend date was Thursday, September 4th. Edgewell Personal Care’s payout ratio is presently 44.44%.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. increased its stake in Edgewell Personal Care by 3.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,022 shares of the company’s stock valued at $326,000 after buying an additional 527 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Edgewell Personal Care by 4.6% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,074 shares of the company’s stock valued at $283,000 after buying an additional 532 shares during the last quarter. TD Private Client Wealth LLC increased its stake in Edgewell Personal Care by 24.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock valued at $110,000 after buying an additional 686 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after buying an additional 687 shares during the last quarter. Finally, Central Pacific Bank Trust Division increased its stake in shares of Edgewell Personal Care by 3.9% during the 3rd quarter. Central Pacific Bank Trust Division now owns 19,800 shares of the company’s stock worth $403,000 after purchasing an additional 750 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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.