Royal Bank Of Canada Raises Edgewell Personal Care (NYSE:EPC) Price Target to $35.00

Edgewell Personal Care (NYSE:EPC) had its price objective hoisted by equities research analysts at Royal Bank Of Canada from $26.00 to $35.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target would suggest a potential upside of 23.13% from the company’s current price.

A number of other equities analysts have also issued reports on the stock. Barclays increased their target price on shares of Edgewell Personal Care from $21.00 to $28.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Canaccord Genuity Group boosted their price target on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Edgewell Personal Care in a report on Wednesday, June 24th. Finally, Wells Fargo & Company raised their price objective on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $31.83.

Edgewell Personal Care Stock Up 1.1%

Shares of Edgewell Personal Care stock opened at $28.43 on Thursday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.84 and a quick ratio of 1.07. Edgewell Personal Care has a 1-year low of $15.73 and a 1-year high of $29.95. The business’s fifty day moving average price is $25.47 and its two-hundred day moving average price is $22.29. The company has a market capitalization of $1.31 billion, a P/E ratio of -14.21 and a beta of 0.39.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.08. The company had revenue of $570.10 million during the quarter, compared to analysts’ expectations of $574.87 million. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.The company’s revenue for the quarter was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. As a group, research analysts forecast that Edgewell Personal Care will post 1.94 EPS for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Edgewell Personal Care by 3.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock worth $891,000 after purchasing an additional 931 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Edgewell Personal Care in the first quarter worth approximately $2,655,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Edgewell Personal Care by 16.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company’s stock worth $3,656,000 after acquiring an additional 16,285 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of Edgewell Personal Care by 80.6% during the first quarter. Jane Street Group LLC now owns 81,179 shares of the company’s stock valued at $2,534,000 after acquiring an additional 36,239 shares during the period. Finally, Norges Bank acquired a new stake in shares of Edgewell Personal Care during the second quarter valued at approximately $214,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

About Edgewell Personal Care

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.