Royal Bank of Canada Issues Pessimistic Forecast for Edgewell Personal Care (NYSE:EPC) Stock Price

Edgewell Personal Care (NYSE:EPC) had its target price decreased by research analysts at Royal Bank of Canada from $48.00 to $43.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target points to a potential upside of 48.33% from the stock’s current price.

EPC has been the subject of several other research reports. UBS Group cut their target price on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Barclays cut their target price on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Morgan Stanley dropped their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research note on Tuesday. Finally, Truist Financial dropped their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $36.57.

Edgewell Personal Care Trading Up 1.4 %

Shares of EPC stock opened at $28.99 on Tuesday. The firm has a 50-day moving average price of $33.42 and a 200 day moving average price of $35.59. Edgewell Personal Care has a twelve month low of $26.65 and a twelve month high of $41.50. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 14.79 and a beta of 0.88. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. Research analysts forecast that Edgewell Personal Care will post 3.19 earnings per share for the current fiscal year.

Institutional Trading of Edgewell Personal Care

A number of institutional investors have recently modified their holdings of the company. Blue Trust Inc. grew its holdings in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares during the period. Exchange Traded Concepts LLC grew its holdings in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after purchasing an additional 495 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock worth $695,000 after purchasing an additional 529 shares during the period. TD Private Client Wealth LLC grew its holdings in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the period. Finally, Wolverine Asset Management LLC grew its holdings in shares of Edgewell Personal Care by 217.4% during the 4th 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. Hedge funds and other institutional investors 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.