Edgewell Personal Care Co (NYSE:EPC) Receives Average Recommendation of “Hold” from Analysts

Edgewell Personal Care Co (NYSE:EPC) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $36.57.

Several equities analysts have commented on EPC shares. Morgan Stanley dropped their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday, February 11th. Canaccord Genuity Group dropped their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Royal Bank of Canada reduced their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Barclays lowered their target price on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Finally, Wells Fargo & Company reduced their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday, February 11th.

Edgewell Personal Care Trading Down 0.3 %

NYSE EPC opened at $30.09 on Thursday. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $1.45 billion, a P/E ratio of 16.44 and a beta of 1.04. The business has a fifty day simple moving average of $31.61 and a 200 day simple moving average of $34.19. Edgewell Personal Care has a 12 month low of $26.65 and a 12 month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. On average, analysts predict that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 32.79%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Intech Investment Management LLC bought a new stake in shares of Edgewell Personal Care during the third quarter valued at about $639,000. Barclays PLC increased its holdings in Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after acquiring an additional 126,168 shares during the period. JPMorgan Chase & Co. lifted its stake in Edgewell Personal Care by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after purchasing an additional 39,059 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after purchasing an additional 85,467 shares during the period. Finally, BNP Paribas Financial Markets grew its position in shares of Edgewell Personal Care by 145.7% during the 3rd quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company’s stock valued at $906,000 after purchasing an additional 14,787 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

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.