StockNews.com Upgrades Edgewell Personal Care (NYSE:EPC) to “Hold”

Edgewell Personal Care (NYSE:EPC) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.

Several other equities research analysts have also weighed in on EPC. Wells Fargo & Company cut their target price on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a report on Tuesday, February 11th. Royal Bank of Canada dropped their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Barclays decreased their target price on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 11th. Canaccord Genuity Group dropped their price target on Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Finally, Morgan Stanley decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Trading Up 8.0 %

Shares of NYSE EPC opened at $29.63 on Tuesday. The business has a 50 day simple moving average of $30.42 and a 200 day simple moving average of $33.30. Edgewell Personal Care has a 52 week low of $26.65 and a 52 week high of $41.50. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 16.19 and a beta of 0.94. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. On average, research analysts predict that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Edgewell Personal Care

A number of large investors have recently bought and sold shares of EPC. Vanguard Group Inc. boosted its holdings in Edgewell Personal Care by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock worth $194,875,000 after purchasing an additional 24,850 shares during the last quarter. American Century Companies Inc. lifted its position in Edgewell Personal Care by 2.0% during the 4th quarter. American Century Companies Inc. now owns 3,222,739 shares of the company’s stock worth $108,284,000 after buying an additional 64,257 shares in the last quarter. Brandes Investment Partners LP boosted its stake in shares of Edgewell Personal Care by 21.1% during the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock worth $68,600,000 after buying an additional 355,224 shares during the last quarter. LSV Asset Management grew its holdings in shares of Edgewell Personal Care by 6.8% in the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company’s stock valued at $39,183,000 after acquiring an additional 74,231 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Edgewell Personal Care by 0.6% during the third quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock worth $41,078,000 after acquiring an additional 6,964 shares in the last quarter. Institutional investors and hedge funds 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.