Edgewell Personal Care Company (NYSE:EPC) Receives Consensus Rating of “Hold” from Brokerages

Shares of Edgewell Personal Care Company (NYSE:EPC) have earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $26.3333.

Several equities research analysts recently weighed in on the company. UBS Group cut their price objective on Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating on the stock in a report on Wednesday, August 6th. Canaccord Genuity Group reduced their price target on Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “overweight” rating for the company in a report on Thursday, September 25th. Morgan Stanley raised shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and reduced their price objective for the stock from $26.00 to $23.00 in a research note on Wednesday, August 6th. Finally, Barclays lowered their target price on Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th.

Institutional Trading of Edgewell Personal Care

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. PNC Financial Services Group Inc. lifted its position in shares of Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after purchasing an additional 687 shares during the period. First Horizon Advisors Inc. raised its stake in Edgewell Personal Care by 195.3% during the second quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company’s stock worth $43,000 after buying an additional 1,215 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Edgewell Personal Care by 167.0% in the second quarter. GAMMA Investing LLC now owns 1,968 shares of the company’s stock valued at $46,000 after buying an additional 1,231 shares during the period. Hantz Financial Services Inc. bought a new stake in Edgewell Personal Care during the second quarter valued at $69,000. Finally, EMC Capital Management acquired a new stake in Edgewell Personal Care during the 2nd quarter worth about $94,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Stock Down 2.5%

Shares of NYSE EPC opened at $18.71 on Friday. The company has a market cap of $869.25 million, a price-to-earnings ratio of 13.86 and a beta of 0.81. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. Edgewell Personal Care has a 12 month low of $18.57 and a 12 month high of $38.44. The stock has a 50-day moving average price of $20.63 and a two-hundred day moving average price of $24.09.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.01 by ($0.09). The company had revenue of $627.20 million for 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 for the quarter was down 3.2% compared to the same quarter last year. During the same period last year, the firm posted $1.22 earnings per share. As a group, analysts forecast that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

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.