Edgewell Personal Care (NYSE:EPC) Rating Lowered to Hold at StockNews.com

Edgewell Personal Care (NYSE:EPC) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a research note issued to investors on Friday.

A number of other equities analysts also recently issued reports on EPC. Barclays decreased their price target on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 7th. UBS Group decreased their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $41.80.

Edgewell Personal Care Trading Down 1.1 %

NYSE EPC traded down $0.40 on Friday, hitting $36.28. The company’s stock had a trading volume of 1,053,774 shares, compared to its average volume of 398,014. The firm has a market cap of $1.80 billion, a P/E ratio of 15.18 and a beta of 0.87. Edgewell Personal Care has a 52-week low of $33.71 and a 52-week high of $41.50. The company’s 50-day simple moving average is $38.70 and its 200 day simple moving average is $38.49. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.21. The business had revenue of $647.80 million for the quarter, compared to analysts’ expectations of $649.67 million. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The firm’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.98 earnings per share. Research analysts predict that Edgewell Personal Care will post 3 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its stake in Edgewell Personal Care by 82.2% during the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after purchasing an additional 315 shares in the last quarter. Clearstead Trust LLC bought a new stake in shares of Edgewell Personal Care during the second quarter valued at approximately $33,000. Northwest Investment Counselors LLC bought a new position in Edgewell Personal Care in the 1st quarter valued at approximately $35,000. TFO Wealth Partners LLC boosted its stake in Edgewell Personal Care by 32,900.0% during the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after purchasing an additional 987 shares during the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of Edgewell Personal Care in the 2nd quarter worth $53,000. 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.