Analysts Set Edgewell Personal Care Co (NYSE:EPC) Price Target at $41.00

Edgewell Personal Care Co (NYSE:EPC) has been assigned a consensus rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $41.00.

Several equities research analysts recently weighed in on the company. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Barclays cut their target price on shares of Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating on the stock in a report on Friday, October 11th. Truist Financial lowered 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, 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.

Institutional Investors Weigh In On Edgewell Personal Care

A number of large investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its holdings in shares of Edgewell Personal Care by 63.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company’s stock valued at $24,163,000 after buying an additional 259,200 shares in the last quarter. Brandes Investment Partners LP grew its holdings in shares of Edgewell Personal Care by 19.7% during the second quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock valued at $61,545,000 after buying an additional 252,235 shares during the last quarter. LSV Asset Management raised its holdings in Edgewell Personal Care by 16.6% in the 2nd quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock worth $43,058,000 after acquiring an additional 152,200 shares during the last quarter. Kestrel Investment Management Corp bought a new position in Edgewell Personal Care in the 2nd quarter valued at approximately $4,855,000. Finally, Bank of New York Mellon Corp boosted its stake in Edgewell Personal Care by 17.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 673,602 shares of the company’s stock valued at $27,072,000 after purchasing an additional 101,533 shares during the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Trading Down 0.3 %

Shares of EPC opened at $34.57 on Monday. Edgewell Personal Care has a fifty-two week low of $33.27 and a fifty-two week high of $41.50. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 14.46 and a beta of 0.86. The firm has a 50 day moving average price of $36.97 and a 200-day moving average price of $38.12. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.21. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The business had revenue of $647.80 million during the quarter, compared to the consensus estimate of $649.67 million. During the same period in the previous year, the firm posted $0.98 earnings per share. The firm’s revenue for the quarter was down .3% on a year-over-year basis. As a group, equities research analysts forecast that Edgewell Personal Care will post 3 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date of this dividend was Wednesday, September 4th. Edgewell Personal Care’s payout ratio is 25.10%.

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.