Edgewell Personal Care (NYSE:EPC) Sets New 1-Year Low – What’s Next?

Edgewell Personal Care Co (NYSE:EPC) hit a new 52-week low during trading on Monday . The company traded as low as $33.69 and last traded at $33.94, with a volume of 58584 shares changing hands. The stock had previously closed at $34.39.

Wall Street Analyst Weigh In

EPC has been the topic of several research reports. UBS Group cut their price target on shares of Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th. Barclays reduced their target price on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating for the company in a report on Wednesday, August 7th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $41.80.

Edgewell Personal Care Trading Down 0.1 %

The company’s 50-day moving average is $37.58 and its 200 day moving average is $38.32. The company has a market cap of $1.68 billion, a price-to-earnings ratio of 14.23 and a beta of 0.86. 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 (NYSE:EPC) last announced 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. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. The firm had revenue of $647.80 million during the quarter, compared to analyst estimates of $649.67 million. During the same quarter in the previous year, the business earned $0.98 EPS. Edgewell Personal Care’s revenue for the quarter was down .3% compared to the same quarter last year. Research analysts predict that Edgewell Personal Care Co will post 3 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend was Wednesday, September 4th. Edgewell Personal Care’s payout ratio is presently 25.10%.

Hedge Funds Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Sei Investments Co. boosted its stake in shares of Edgewell Personal Care by 4.0% in the first quarter. Sei Investments Co. now owns 397,040 shares of the company’s stock worth $15,342,000 after acquiring an additional 15,131 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Edgewell Personal Care by 91.5% during the 1st quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock worth $1,050,000 after purchasing an additional 12,988 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Edgewell Personal Care by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock worth $145,524,000 after buying an additional 24,513 shares in the last quarter. Confluence Investment Management LLC purchased a new stake in shares of Edgewell Personal Care during the first quarter worth $3,609,000. Finally, XTX Topco Ltd acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at about $569,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

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.