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

Shares of Edgewell Personal Care Co (NYSE:EPC) have been assigned an average rating of “Moderate Buy” from the five ratings firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $42.40.

Several research analysts recently issued reports on EPC shares. Barclays decreased their price target on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a research note on Monday, November 11th. Truist Financial decreased their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th.

Edgewell Personal Care Stock Performance

Shares of EPC opened at $37.12 on Tuesday. The company has a 50-day simple moving average of $35.57 and a two-hundred day simple moving average of $37.63. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The firm has a market capitalization of $1.81 billion, a PE ratio of 18.94 and a beta of 0.88. Edgewell Personal Care has a one year low of $33.27 and a one year high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its 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 company had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 EPS. On average, analysts anticipate that Edgewell Personal Care will post 3.21 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is 30.61%.

Institutional Trading of Edgewell Personal Care

A number of institutional investors and hedge funds have recently modified their holdings of EPC. SG Americas Securities LLC raised its holdings in shares of Edgewell Personal Care by 42.1% during the second quarter. SG Americas Securities LLC now owns 13,637 shares of the company’s stock valued at $548,000 after purchasing an additional 4,037 shares during the last quarter. Welch Group LLC purchased a new stake in Edgewell Personal Care during the 2nd quarter valued at $281,000. Blue Trust Inc. lifted its holdings in shares of Edgewell Personal Care by 32.5% during 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 during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Edgewell Personal Care by 17.6% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,363 shares of the company’s stock worth $296,000 after buying an additional 1,100 shares during the last quarter. Finally, Everhart Financial Group Inc. bought a new stake in shares of Edgewell Personal Care in the second quarter worth $207,000. 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.