Barclays Has Lowered Expectations for Edgewell Personal Care (NYSE:EPC) Stock Price

Edgewell Personal Care (NYSE:EPC) had its price objective lowered by Barclays from $33.00 to $30.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s target price points to a potential upside of 3.48% from the company’s previous close.

A number of other research firms also recently issued reports on EPC. Morgan Stanley cut their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday. UBS Group cut their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a report on Tuesday. Royal Bank of Canada dropped their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday. Finally, Truist Financial reduced their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. One analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Edgewell Personal Care has an average rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Price Performance

Shares of EPC opened at $28.99 on Tuesday. The business’s fifty day moving average is $33.42 and its 200 day moving average is $35.59. Edgewell Personal Care has a 12-month low of $26.65 and a 12-month 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. The stock has a market cap of $1.41 billion, a P/E ratio of 14.79 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. Sell-side analysts anticipate that Edgewell Personal Care will post 3.19 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. increased its holdings in Edgewell Personal Care by 14.0% during the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after buying an additional 332 shares during the last quarter. Exchange Traded Concepts LLC grew its position in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock valued at $660,000 after acquiring an additional 495 shares during the period. Sanctuary Advisors LLC increased its stake in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock worth $695,000 after purchasing an additional 529 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the period. Finally, Wolverine Asset Management LLC lifted its stake in Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after purchasing an additional 800 shares during the last quarter. 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.