Edgewell Personal Care (NYSE:EPC) Stock Price Down 4% – What’s Next?

Edgewell Personal Care Co (NYSE:EPC)’s stock price traded down 4% during trading on Tuesday . The company traded as low as $31.27 and last traded at $31.05. 27,259 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 431,483 shares. The stock had previously closed at $32.34.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Wells Fargo & Company decreased their price target on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. UBS Group dropped their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, Barclays decreased their price target on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $39.80.

Edgewell Personal Care Stock Down 1.9 %

The company has a 50 day moving average price of $34.37 and a two-hundred day moving average price of $36.03. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The stock has a market cap of $1.54 billion, a PE ratio of 16.16 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.72 EPS. Analysts expect that Edgewell Personal Care Co will post 3.19 EPS for the current year.

Institutional Trading of Edgewell Personal Care

Several hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC grew its position in Edgewell Personal Care by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after purchasing an additional 6,964 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Edgewell Personal Care by 2.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company’s stock valued at $28,298,000 after acquiring an additional 22,209 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Edgewell Personal Care by 12.9% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after buying an additional 85,467 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Edgewell Personal Care by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares during the period. Finally, Victory Capital Management Inc. increased its stake in Edgewell Personal Care by 1.4% in the third quarter. Victory Capital Management Inc. now owns 420,886 shares of the company’s stock valued at $15,295,000 after purchasing an additional 5,893 shares during the last quarter. Hedge funds and other 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.