Edgewell Personal Care Co (NYSE:EPC) Receives Consensus Rating of “Moderate Buy” from Brokerages

Edgewell Personal Care Co (NYSE:EPC) has been assigned a consensus recommendation of “Moderate Buy” from the five ratings firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $39.80.

A number of equities analysts recently weighed in on EPC shares. UBS Group dropped their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Finally, Barclays dropped their price target on Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th.

Institutional Investors Weigh In On Edgewell Personal Care

Several institutional investors have recently made changes to their positions in EPC. Allspring Global Investments Holdings LLC lifted 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 during the last quarter. Empowered Funds LLC acquired a new stake in shares of Edgewell Personal Care during the 3rd quarter valued at about $6,128,000. Barclays PLC lifted its holdings in shares of Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after buying an additional 126,168 shares during the last quarter. Chartwell Investment Partners LLC raised its stake in shares of Edgewell Personal Care by 54.3% in the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after acquiring an additional 74,315 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Edgewell Personal Care by 411.2% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company’s stock valued at $3,137,000 after acquiring an additional 69,435 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Price Performance

NYSE:EPC opened at $33.35 on Wednesday. The business’s 50-day moving average price is $34.46 and its 200 day moving average price is $36.08. The firm has a market cap of $1.62 billion, a P/E ratio of 17.02 and a beta of 0.89. Edgewell Personal Care has a 52-week low of $31.20 and a 52-week high of $41.50. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care’s revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 earnings per share. As a group, sell-side analysts predict that Edgewell Personal Care will post 3.19 earnings per share for the current fiscal year.

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.