Edgewell Personal Care (NYSE:EPC) Given New $23.00 Price Target at Wells Fargo & Company

Edgewell Personal Care (NYSE:EPC) had its target price cut by analysts at Wells Fargo & Company from $25.00 to $23.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 27.02% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Zacks Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Morgan Stanley raised shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and reduced their price target for the stock from $26.00 to $23.00 in a research report on Wednesday, August 6th. Barclays decreased their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a report on Wednesday, August 6th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Edgewell Personal Care in a research report on Wednesday, October 8th. Finally, UBS Group cut their target price on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $24.00.

Edgewell Personal Care Trading Down 1.5%

Edgewell Personal Care stock traded down $0.28 during midday trading on Friday, reaching $18.11. The stock had a trading volume of 137,086 shares, compared to its average volume of 669,753. Edgewell Personal Care has a twelve month low of $18.00 and a twelve month high of $38.44. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. The firm has a market cap of $841.37 million, a price-to-earnings ratio of 13.45 and a beta of 0.81. The firm’s fifty day simple moving average is $20.11 and its two-hundred day simple moving average is $23.68.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Thursday, November 13th. The company reported $0.68 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.14). The firm had revenue of $537.20 million for the quarter, compared to analyst estimates of $532.67 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. Edgewell Personal Care’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the firm earned $0.72 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. Equities analysts anticipate that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in shares of Edgewell Personal Care by 4.6% in the first quarter. Vanguard Group Inc. now owns 6,066,471 shares of the company’s stock valued at $189,335,000 after acquiring an additional 266,611 shares during the period. Brandes Investment Partners LP raised its stake in shares of Edgewell Personal Care by 40.0% in the 2nd quarter. Brandes Investment Partners LP now owns 4,597,685 shares of the company’s stock valued at $107,632,000 after buying an additional 1,313,248 shares in the last quarter. American Century Companies Inc. boosted its position in shares of Edgewell Personal Care by 7.6% during the 3rd quarter. American Century Companies Inc. now owns 3,950,190 shares of the company’s stock valued at $80,426,000 after acquiring an additional 278,919 shares in the last quarter. LSV Asset Management boosted its holdings in Edgewell Personal Care by 0.7% during the second quarter. LSV Asset Management now owns 1,345,054 shares of the company’s stock valued at $31,488,000 after purchasing an additional 9,170 shares in the last quarter. Finally, Gamco Investors INC. ET AL grew its stake in shares of Edgewell Personal Care by 5.5% in the 2nd quarter. Gamco Investors INC. ET AL now owns 969,969 shares of the company’s stock valued at $22,707,000 after purchasing an additional 50,632 shares during the period. 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.