Edgewell Personal Care Co (NYSE:EPC) Receives $41.80 Average PT from Brokerages

Shares of Edgewell Personal Care Co (NYSE:EPC) have been given an average recommendation of “Hold” by the five research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $41.80.

Several equities research analysts have weighed in on the company. UBS Group dropped their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. Barclays cut their price objective on shares of Edgewell Personal Care from $41.00 to $40.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 7th. Finally, StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th.

Edgewell Personal Care Stock Performance

EPC stock opened at $36.34 on Thursday. The firm has a market cap of $1.80 billion, a P/E ratio of 15.21 and a beta of 0.87. The stock’s 50 day simple moving average is $38.20 and its 200 day simple moving average is $38.44. The company has a current ratio of 1.79, a quick ratio of 0.94 and a debt-to-equity ratio of 0.82. Edgewell Personal Care has a 12-month low of $33.71 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.01 by $0.21. Edgewell Personal Care had a net margin of 5.26% and a return on equity of 9.92%. The company had revenue of $647.80 million for the quarter, compared to the consensus estimate of $649.67 million. During the same period last year, the firm posted $0.98 EPS. The company’s revenue for the quarter was down .3% on a year-over-year basis. As a group, equities research analysts predict that Edgewell Personal Care will post 3 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.65%. The ex-dividend date is Wednesday, September 4th. Edgewell Personal Care’s payout ratio is currently 25.10%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Quadrant Capital Group LLC boosted its stake in Edgewell Personal Care by 82.2% during the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after purchasing an additional 315 shares in the last quarter. Norges Bank acquired a new position in Edgewell Personal Care during the fourth quarter worth about $11,647,000. US Bancorp DE raised its position in Edgewell Personal Care by 49.1% in the fourth quarter. US Bancorp DE now owns 23,813 shares of the company’s stock worth $872,000 after acquiring an additional 7,841 shares in the last quarter. TFO Wealth Partners LLC lifted its holdings in 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 acquiring an additional 987 shares during the last quarter. Finally, Lighthouse Investment Partners LLC bought a new position in shares of Edgewell Personal Care during the 4th quarter valued at about $2,762,000. 91.91% of the stock is currently owned by 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.