Edgewell Personal Care Co (NYSE:EPC) Receives $39.80 Average Target Price from Brokerages

Edgewell Personal Care Co (NYSE:EPC) has been assigned an average rating of “Moderate Buy” from the five brokerages that are presently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $39.80.

Several research analysts have issued reports on the company. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. UBS Group cut their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Barclays reduced their target price on Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a report on Friday, January 17th. Finally, Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th.

Edgewell Personal Care Trading Down 2.5 %

Shares of Edgewell Personal Care stock opened at $31.53 on Wednesday. The business has a fifty day simple moving average of $34.26 and a 200-day simple moving average of $35.96. Edgewell Personal Care has a fifty-two week low of $30.86 and a fifty-two week high of $41.50. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 16.09 and a beta of 0.88. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same period in the prior year, the company earned $0.72 EPS. Edgewell Personal Care’s revenue was down 3.1% on a year-over-year basis. On average, equities analysts forecast that Edgewell Personal Care will post 3.19 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. R Squared Ltd purchased a new position in Edgewell Personal Care during the 4th quarter valued at about $36,000. Wolverine Asset Management LLC boosted its holdings in shares of Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock worth $39,000 after purchasing an additional 800 shares during the period. Prospera Private Wealth LLC purchased a new position in Edgewell Personal Care during the third quarter valued at approximately $48,000. KBC Group NV increased its stake in Edgewell Personal Care by 56.5% in the 4th quarter. KBC Group NV now owns 2,279 shares of the company’s stock valued at $77,000 after buying an additional 823 shares during the period. Finally, TD Private Client Wealth LLC lifted its position in Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after buying an additional 693 shares in the last quarter. 91.91% of the stock is 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.