Edgewell Personal Care (NYSE:EPC) Upgraded at StockNews.com

StockNews.com upgraded shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a buy rating in a research note issued to investors on Tuesday.

Several other research firms also recently issued reports on EPC. Canaccord Genuity Group upped their price objective on Edgewell Personal Care from $52.00 to $53.00 and gave the stock a buy rating in a report on Thursday, May 9th. Barclays upped their target price on shares of Edgewell Personal Care from $40.00 to $41.00 and gave the company an equal weight rating in a research report on Friday, July 19th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and an average target price of $42.50.

Edgewell Personal Care Stock Up 0.8 %

Shares of EPC opened at $40.17 on Tuesday. The company has a market capitalization of $1.99 billion, a P/E ratio of 16.80 and a beta of 0.88. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.84 and a quick ratio of 0.92. Edgewell Personal Care has a one year low of $33.71 and a one year high of $42.15. The business’s 50 day simple moving average is $39.49 and its 200-day simple moving average is $38.37.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.14. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 5.40%. The firm had revenue of $599.40 million for the quarter, compared to the consensus estimate of $606.74 million. During the same quarter in the prior year, the business earned $0.56 EPS. The business’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, sell-side analysts predict that Edgewell Personal Care will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 9th. Shareholders of record on Thursday, June 6th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend was Thursday, June 6th. Edgewell Personal Care’s payout ratio is 25.10%.

Institutional Trading of Edgewell Personal Care

Large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC increased its position in shares of Edgewell Personal Care by 82.2% in the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after buying an additional 315 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of Edgewell Personal Care in the 1st quarter valued at $35,000. TFO Wealth Partners LLC increased its position in shares of Edgewell Personal Care by 32,900.0% in the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after buying an additional 987 shares in the last quarter. Blue Trust Inc. increased its position in shares of Edgewell Personal Care by 32.5% in the 2nd quarter. Blue Trust Inc. now owns 2,365 shares of the company’s stock valued at $91,000 after buying an additional 580 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new stake in shares of Edgewell Personal Care in the 1st quarter valued at $116,000. Institutional investors 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.