Edgewell Personal Care (NYSE:EPC) Stock Rating Upgraded by StockNews.com

Edgewell Personal Care (NYSE:EPC) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

Several other research firms have also recently weighed in on EPC. Barclays cut their price target on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 7th. UBS Group cut their target price on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $41.80.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock opened at $36.34 on Wednesday. The firm has a market cap of $1.80 billion, a PE ratio of 15.21 and a beta of 0.87. The company’s fifty day simple moving average is $39.05 and its two-hundred day simple moving average is $38.55. 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 12-month low of $33.71 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, beating 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 company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same quarter in the previous year, the business earned $0.98 EPS. Edgewell Personal Care’s revenue was down .3% compared to the same quarter last year. As a group, equities analysts expect that Edgewell Personal Care will post 3 EPS for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Quadrant Capital Group LLC increased its holdings in shares of Edgewell Personal Care by 82.2% during the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after acquiring an additional 315 shares in the last quarter. Clearstead Trust LLC bought a new stake in Edgewell Personal Care during the 2nd quarter valued at about $33,000. Northwest Investment Counselors LLC purchased a new position in Edgewell Personal Care in the first quarter worth about $35,000. TFO Wealth Partners LLC raised its holdings in Edgewell Personal Care by 32,900.0% in the fourth quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock worth $36,000 after buying an additional 987 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Edgewell Personal Care in the second quarter worth approximately $53,000. 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.