Edgewell Personal Care (NYSE:EPC) Hits New 12-Month Low – Should You Sell?

Shares of Edgewell Personal Care Co (NYSE:EPC) hit a new 52-week low on Monday . The company traded as low as $30.80 and last traded at $30.80, with a volume of 123 shares changing hands. The stock had previously closed at $31.52.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on EPC shares. Barclays dropped their price target on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research report on Monday, November 11th. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Truist Financial dropped their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $41.20.

Edgewell Personal Care Stock Up 1.1 %

The firm has a market capitalization of $1.55 billion, a price-to-earnings ratio of 16.27 and a beta of 0.89. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The firm has a 50 day moving average price of $35.04 and a two-hundred day moving average price of $36.78.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.05. The business had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. On average, equities analysts expect that Edgewell Personal Care Co will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.88%. Edgewell Personal Care’s payout ratio is currently 30.61%.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. increased its holdings in Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock worth $24,345,000 after purchasing an additional 39,059 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Edgewell Personal Care by 2.9% during the 3rd quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock worth $9,137,000 after purchasing an additional 7,018 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Edgewell Personal Care by 2.1% in the 3rd quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock valued at $4,499,000 after acquiring an additional 2,684 shares during the last quarter. Sanctuary Advisors LLC increased its holdings in shares of Edgewell Personal Care by 13.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 19,973 shares of the company’s stock valued at $718,000 after acquiring an additional 2,339 shares during the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after acquiring an additional 693 shares during the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

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.