Edgewell Personal Care Co (NYSE:EPC) – Investment analysts at SunTrust Banks lowered their FY2018 earnings estimates for shares of Edgewell Personal Care in a research note issued on Thursday, October 18th. SunTrust Banks analyst W. Chappell now anticipates that the company will post earnings of $3.47 per share for the year, down from their prior estimate of $3.48. SunTrust Banks currently has a “Hold” rating and a $50.00 target price on the stock. SunTrust Banks also issued estimates for Edgewell Personal Care’s Q2 2019 earnings at $1.28 EPS, Q3 2019 earnings at $0.94 EPS and FY2019 earnings at $3.68 EPS.
EPC has been the topic of a number of other reports. UBS Group began coverage on Edgewell Personal Care in a research report on Thursday, July 19th. They issued a “neutral” rating and a $54.00 target price on the stock. Jefferies Financial Group upped their target price on Edgewell Personal Care from $48.00 to $49.00 and gave the company a “hold” rating in a research report on Wednesday, August 8th. Zacks Investment Research lowered Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Citigroup upped their target price on Edgewell Personal Care from $61.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, August 9th. Finally, TheStreet raised Edgewell Personal Care from a “d+” rating to a “c-” rating in a research report on Wednesday, August 22nd. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $53.18.
Edgewell Personal Care stock opened at $46.19 on Monday. The company has a market cap of $2.46 billion, a P/E ratio of 11.63, a P/E/G ratio of 5.22 and a beta of 0.95. The company has a current ratio of 1.25, a quick ratio of 0.79 and a debt-to-equity ratio of 0.64. Edgewell Personal Care has a one year low of $39.50 and a one year high of $67.29.
Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 7th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.78 by $0.13. The firm had revenue of $620.60 million for the quarter, compared to analyst estimates of $619.95 million. Edgewell Personal Care had a positive return on equity of 10.99% and a negative net margin of 2.85%. Edgewell Personal Care’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.11 EPS.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Clean Yield Group bought a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at approximately $1,837,000. Leavell Investment Management Inc. bought a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at approximately $229,000. Nisa Investment Advisors LLC increased its holdings in shares of Edgewell Personal Care by 5.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 27,110 shares of the company’s stock valued at $1,253,000 after acquiring an additional 1,300 shares during the last quarter. Fox Run Management L.L.C. bought a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at approximately $594,000. Finally, Northern Trust Corp increased its holdings in shares of Edgewell Personal Care by 77.4% in the 2nd quarter. Northern Trust Corp now owns 782,980 shares of the company’s stock valued at $39,509,000 after acquiring an additional 341,571 shares during the last quarter. Institutional investors and hedge funds own 95.04% 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.
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