Morgan Stanley Issues Pessimistic Forecast for Edgewell Personal Care (NYSE:EPC) Stock Price

Edgewell Personal Care (NYSE:EPC) had its price target lowered by investment analysts at Morgan Stanley from $35.00 to $32.00 in a report released on Tuesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 10.38% from the stock’s current price.

EPC has been the topic of a number of other research reports. Truist Financial cut their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Barclays cut their price objective on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a research report on Friday, January 17th. UBS Group cut their price objective on shares of 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. Finally, Wells Fargo & Company cut their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $36.57.

Edgewell Personal Care Trading Up 1.4 %

NYSE EPC opened at $28.99 on Tuesday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 14.79 and a beta of 0.88. The company’s 50-day simple moving average is $33.42 and its two-hundred day simple moving average is $35.59. Edgewell Personal Care has a one year low of $26.65 and a one year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last posted its earnings results on Monday, February 10th. The company reported $0.07 EPS 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%. Equities analysts forecast that Edgewell Personal Care will post 3.19 EPS for the current fiscal year.

Institutional Trading of Edgewell Personal Care

A number of institutional investors have recently bought and sold shares of the stock. Schroder Investment Management Group boosted its stake in Edgewell Personal Care by 3.2% in the 4th quarter. Schroder Investment Management Group now owns 26,067 shares of the company’s stock worth $889,000 after purchasing an additional 800 shares in the last quarter. Norges Bank acquired a new stake in Edgewell Personal Care in the 4th quarter worth approximately $4,684,000. Prudential Financial Inc. boosted its stake in Edgewell Personal Care by 30.6% in the 4th quarter. Prudential Financial Inc. now owns 243,774 shares of the company’s stock worth $8,191,000 after purchasing an additional 57,115 shares in the last quarter. Vanguard Group Inc. boosted its stake in Edgewell Personal Care by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock worth $194,875,000 after purchasing an additional 24,850 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in Edgewell Personal Care by 71.3% in the 4th quarter. LPL Financial LLC now owns 12,057 shares of the company’s stock worth $405,000 after purchasing an additional 5,019 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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.