Edgewell Personal Care (NYSE:EPC) Hits New 1-Year Low – Here’s What Happened

Edgewell Personal Care Company (NYSE:EPC)’s stock price hit a new 52-week low on Monday . The stock traded as low as $16.43 and last traded at $16.5620, with a volume of 24735 shares. The stock had previously closed at $16.73.

Wall Street Analysts Forecast Growth

EPC has been the subject of several recent research reports. Barclays dropped their price target on shares of Edgewell Personal Care from $22.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Friday, November 14th. Weiss Ratings reissued a “sell (d)” rating on shares of Edgewell Personal Care in a research note on Monday, December 1st. Zacks Research upgraded Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Morgan Stanley cut their price objective on Edgewell Personal Care from $23.00 to $21.00 and set an “equal weight” rating for the company in a research report on Tuesday, November 18th. Finally, Royal Bank Of Canada reduced their target price on Edgewell Personal Care from $26.00 to $23.00 and set an “outperform” rating for the company in a report on Friday, November 14th. Three research 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’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $23.17.

Edgewell Personal Care Trading Down 2.2%

The company has a debt-to-equity ratio of 0.89, a current ratio of 1.76 and a quick ratio of 0.90. The firm has a market cap of $759.85 million, a price-to-earnings ratio of 31.48 and a beta of 0.61. The business’s 50-day moving average price is $18.95 and its two-hundred day moving average price is $22.31.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, November 13th. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.14). Edgewell Personal Care had a return on equity of 7.85% and a net margin of 1.14%.The firm had revenue of $537.20 million during the quarter, compared to analysts’ expectations of $532.67 million. During the same period in the previous year, the firm posted $0.72 earnings per share. The firm’s 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 expect that Edgewell Personal Care Company will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 4th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.60 annualized dividend and a dividend yield of 3.7%. Edgewell Personal Care’s payout ratio is currently 115.38%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EPC. Voya Investment Management LLC increased its holdings in Edgewell Personal Care by 38.6% in the first quarter. Voya Investment Management LLC now owns 54,720 shares of the company’s stock valued at $1,708,000 after buying an additional 15,248 shares during the last quarter. Campbell & CO Investment Adviser LLC grew its position in shares of Edgewell Personal Care by 327.9% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 52,759 shares of the company’s stock worth $1,235,000 after acquiring an additional 40,429 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its holdings in shares of Edgewell Personal Care by 45.4% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 68,693 shares of the company’s stock valued at $1,608,000 after acquiring an additional 21,449 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at approximately $1,690,000. Finally, Brandes Investment Partners LP lifted its stake in Edgewell Personal Care by 40.0% during the second 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 during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

About Edgewell Personal Care

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.