Edgewell Personal Care Co (NYSE:EPC) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Edgewell Personal Care Co (NYSE:EPC) has earned an average rating of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $41.20.

A number of research firms have commented on EPC. Wells Fargo & Company reduced their target price on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday. Truist Financial reduced their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Finally, Barclays decreased their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, November 11th.

Edgewell Personal Care Stock Performance

Shares of Edgewell Personal Care stock opened at $31.58 on Friday. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 16.11 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. Edgewell Personal Care has a 1 year low of $31.20 and a 1 year high of $41.50. The firm’s 50-day moving average is $35.11 and its 200 day moving average is $36.89.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The firm had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. During the same quarter in the prior year, the company posted $0.72 earnings per share. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts anticipate that Edgewell Personal Care will post 3.21 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.90%. The ex-dividend date was Tuesday, December 3rd. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 30.61%.

Institutional Trading of Edgewell Personal Care

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EPC. Clearstead Trust LLC purchased a new position in shares of Edgewell Personal Care during the 2nd quarter worth $33,000. Prospera Private Wealth LLC bought a new position in Edgewell Personal Care in the 3rd quarter worth $48,000. Acadian Asset Management LLC purchased a new position in Edgewell Personal Care during the second quarter valued at $53,000. Canada Pension Plan Investment Board bought a new stake in Edgewell Personal Care during the second quarter valued at about $84,000. Finally, TD Private Client Wealth LLC grew its holdings in Edgewell Personal Care by 33.1% during the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after purchasing an additional 693 shares during the period. 91.91% of the stock is owned by hedge funds and other institutional investors.

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.