Edgewell Personal Care (NYSE:EPC) Price Target Lowered to $33.00 at Barclays

Edgewell Personal Care (NYSE:EPC) had its price target lowered by equities researchers at Barclays from $36.00 to $33.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s price target suggests a potential downside of 1.96% from the company’s previous close.

Several other equities analysts also recently weighed in on the company. Truist Financial cut their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. UBS Group cut their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday. Finally, Wells Fargo & Company decreased their price objective on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Edgewell Personal Care presently has an average rating of “Moderate Buy” and an average target price of $39.80.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock traded up $0.47 during mid-day trading on Friday, reaching $33.66. 90,681 shares of the company’s stock traded hands, compared to its average volume of 434,346. Edgewell Personal Care has a 12-month low of $31.20 and a 12-month high of $41.50. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 17.17 and a beta of 0.89. The stock has a 50 day moving average of $34.78 and a two-hundred day moving average of $36.61. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last announced 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. The firm had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. During the same quarter last year, the firm earned $0.72 EPS. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts forecast that Edgewell Personal Care will post 3.21 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Prospera Private Wealth LLC purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter worth $48,000. Acadian Asset Management LLC bought a new position in Edgewell Personal Care during the 2nd quarter worth about $53,000. Canada Pension Plan Investment Board bought a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at about $84,000. Blue Trust Inc. lifted its position in shares of Edgewell Personal Care by 14.0% in the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares during the period. Finally, TD Private Client Wealth LLC boosted its stake in shares of 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 in the last quarter. Institutional investors own 91.91% of the company’s stock.

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.