Analysts Set Edgewell Personal Care Co (NYSE:EPC) PT at $41.80

Edgewell Personal Care Co (NYSE:EPC) has been assigned an average rating of “Hold” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $41.80.

A number of research firms recently commented on EPC. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. UBS Group dropped their price objective on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Finally, Barclays reduced their target price on Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th.

Edgewell Personal Care Price Performance

Shares of EPC opened at $35.00 on Thursday. The company has a 50 day moving average of $38.13 and a two-hundred day moving average of $38.43. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82. Edgewell Personal Care has a twelve month low of $33.71 and a twelve month high of $41.50. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 14.64 and a beta of 0.87.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The firm had revenue of $647.80 million during the quarter, compared to analysts’ expectations of $649.67 million. During the same quarter last year, the firm earned $0.98 EPS. The business’s quarterly revenue was down .3% on a year-over-year basis. As a group, analysts predict that Edgewell Personal Care will post 3 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio is currently 25.10%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Edgewell Personal Care by 0.5% during the first quarter. Vanguard Group Inc. now owns 5,833,364 shares of the company’s stock worth $225,401,000 after buying an additional 29,217 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Edgewell Personal Care by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock valued at $145,524,000 after acquiring an additional 24,513 shares during the period. Brandes Investment Partners LP grew its position in shares of Edgewell Personal Care by 19.7% during the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock valued at $61,545,000 after acquiring an additional 252,235 shares during the period. LSV Asset Management increased its stake in shares of Edgewell Personal Care by 16.6% in the 2nd quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock valued at $43,058,000 after purchasing an additional 152,200 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Edgewell Personal Care by 17.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 673,602 shares of the company’s stock worth $27,072,000 after purchasing an additional 101,533 shares during the period. Institutional investors and hedge funds own 91.91% of the company’s stock.

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.