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

Edgewell Personal Care (NYSE:EPC) had its price target dropped by equities research analysts at Barclays from $22.00 to $19.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price indicates a potential upside of 5.06% from the stock’s current price.

EPC has been the subject of several other research reports. Royal Bank Of Canada decreased their price objective on Edgewell Personal Care from $26.00 to $23.00 and set an “outperform” rating for the company in a report on Friday. Zacks Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Monday, October 6th. Wells Fargo & Company cut their price objective on Edgewell Personal Care from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Friday. Weiss Ratings restated a “sell (d+)” rating on shares of Edgewell Personal Care in a report on Wednesday, October 8th. Finally, Morgan Stanley upgraded shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and cut their price target for the company from $26.00 to $23.00 in a research note on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $23.50.

Edgewell Personal Care Price Performance

EPC stock opened at $18.09 on Friday. The stock has a 50-day moving average price of $20.01 and a two-hundred day moving average price of $23.54. Edgewell Personal Care has a 1 year low of $17.62 and a 1 year high of $38.44. The stock has a market cap of $840.30 million, a PE ratio of 13.40 and a beta of 0.81. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88.

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

Institutional Trading of Edgewell Personal Care

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brandes Investment Partners LP grew its position in shares of Edgewell Personal Care by 40.0% during the 2nd quarter. Brandes Investment Partners LP now owns 4,597,685 shares of the company’s stock worth $107,632,000 after purchasing an additional 1,313,248 shares in the last quarter. Millennium Management LLC grew its position in Edgewell Personal Care by 106.4% during the first quarter. Millennium Management LLC now owns 915,281 shares of the company’s stock worth $28,566,000 after buying an additional 471,774 shares in the last quarter. Two Sigma Investments LP increased its stake in Edgewell Personal Care by 206.6% during the 3rd quarter. Two Sigma Investments LP now owns 616,132 shares of the company’s stock worth $12,544,000 after acquiring an additional 415,186 shares during the period. American Century Companies Inc. raised its holdings in Edgewell Personal Care by 10.3% in the 2nd quarter. American Century Companies Inc. now owns 3,671,271 shares of the company’s stock valued at $85,944,000 after acquiring an additional 341,831 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Edgewell Personal Care by 4.6% during the 1st 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. 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.