Edgewell Personal Care Company (NYSE:EPC) Receives $28.00 Consensus Target Price from Analysts

Edgewell Personal Care Company (NYSE:EPC) has earned an average rating of “Hold” from the eight research firms that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $28.00.

A number of research firms recently weighed in on EPC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Wednesday, June 24th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. UBS Group increased their price objective on shares of Edgewell Personal Care from $23.00 to $29.00 and gave the stock a “neutral” rating in a research note on Thursday, July 16th. Royal Bank Of Canada set a $26.00 price objective on Edgewell Personal Care and gave the company an “outperform” rating in a report on Thursday, April 9th. Finally, Wall Street Zen raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd raised its stake in shares of Edgewell Personal Care by 158.0% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after purchasing an additional 910 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Edgewell Personal Care by 679.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company’s stock valued at $27,000 after buying an additional 1,115 shares during the last quarter. Meeder Asset Management Inc. bought a new position in shares of Edgewell Personal Care in the fourth quarter valued at $30,000. Quadrant Capital Group LLC grew its stake in shares of Edgewell Personal Care by 291.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock valued at $34,000 after buying an additional 1,471 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in Edgewell Personal Care by 45.3% during the fourth quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock worth $67,000 after buying an additional 1,218 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Price Performance

Shares of EPC opened at $28.45 on Friday. The stock has a market capitalization of $1.31 billion, a P/E ratio of -17.03 and a beta of 0.39. Edgewell Personal Care has a twelve month low of $15.73 and a twelve month high of $29.94. The company has a 50 day moving average of $24.81 and a 200-day moving average of $22.11. The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.86.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.43 by $0.17. Edgewell Personal Care had a negative net margin of 3.69% and a positive return on equity of 6.31%. The business had revenue of $519.50 million for the quarter, compared to analyst estimates of $518.51 million. During the same quarter in the previous year, the firm posted $0.69 earnings per share. The firm’s revenue for the quarter was up .6% on a year-over-year basis. As a group, equities research analysts forecast that Edgewell Personal Care will post 1.94 EPS for the current fiscal year.

Edgewell Personal Care Company Profile

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.