Brokerages Set Edgewell Personal Care Co (NYSE:EPC) Target Price at $36.57

Edgewell Personal Care Co (NYSE:EPC) has earned an average recommendation of “Hold” from the seven research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $36.57.

A number of brokerages recently commented on EPC. Royal Bank of Canada lowered their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. UBS Group lowered their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Morgan Stanley cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. Canaccord Genuity Group reduced their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, February 11th. Finally, Barclays dropped their target price on shares of Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Intech Investment Management LLC bought a new position in shares of Edgewell Personal Care during the 3rd quarter valued at about $639,000. Barclays PLC raised its holdings in Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after buying an additional 126,168 shares during the period. JPMorgan Chase & Co. raised its holdings in Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after buying an additional 39,059 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in Edgewell Personal Care by 12.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock valued at $25,122,000 after buying an additional 85,467 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Edgewell Personal Care by 145.7% in the third quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company’s stock valued at $906,000 after buying an additional 14,787 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Price Performance

EPC opened at $29.68 on Thursday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The company’s 50 day simple moving average is $31.47 and its 200-day simple moving average is $33.93. Edgewell Personal Care has a one year low of $26.65 and a one year high of $41.50. The stock has a market capitalization of $1.43 billion, a P/E ratio of 16.22 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data 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 4.09% and a return on equity of 9.29%. Sell-side analysts anticipate that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date of this dividend is Wednesday, March 5th. Edgewell Personal Care’s dividend payout ratio is currently 32.79%.

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.