Brokerages Set Edgewell Personal Care Co (NYSE:EPC) PT at $42.40

Shares of Edgewell Personal Care Co (NYSE:EPC) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $42.40.

Several equities research analysts recently issued reports on EPC shares. Barclays reduced their price objective on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Truist Financial decreased their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Finally, StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Franklin Resources Inc. boosted its stake in shares of Edgewell Personal Care by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock worth $4,499,000 after acquiring an additional 2,684 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of Edgewell Personal Care by 13.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 19,973 shares of the company’s stock valued at $718,000 after acquiring an additional 2,339 shares in the last quarter. TD Private Client Wealth LLC lifted its holdings 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 purchasing an additional 693 shares during the last quarter. Geode Capital Management LLC boosted its position in Edgewell Personal Care by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after purchasing an additional 6,964 shares during the period. Finally, Barclays PLC grew its holdings in Edgewell Personal Care by 563.6% during the third quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after purchasing an additional 126,168 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Trading Up 0.7 %

Shares of EPC stock opened at $35.46 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The stock has a 50-day simple moving average of $35.59 and a 200 day simple moving average of $37.58. Edgewell Personal Care has a fifty-two week low of $33.27 and a fifty-two week high of $41.50. The stock has a market capitalization of $1.73 billion, a P/E ratio of 18.09 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $535.23 million. During the same quarter in the previous year, the company posted $0.72 EPS. The business’s revenue was down 3.1% compared to the same quarter last year. On average, sell-side analysts expect that Edgewell Personal Care will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.69%. Edgewell Personal Care’s dividend payout ratio is currently 30.61%.

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.