Edgewell Personal Care (NYSE:EPC) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Edgewell Personal Care (NYSE:EPCFree Report) from a hold rating to a buy rating in a research note released on Wednesday.

Several other equities analysts also recently issued reports on the stock. Barclays upped their price objective on shares of Edgewell Personal Care from $37.00 to $40.00 and gave the company an equal weight rating in a research note on Friday, May 10th. Wells Fargo & Company raised their price target on Edgewell Personal Care from $40.00 to $43.00 and gave the stock an overweight rating in a research note on Thursday, February 8th. Finally, Canaccord Genuity Group boosted their price objective on Edgewell Personal Care from $52.00 to $53.00 and gave the company a buy rating in a research note on Thursday, May 9th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Hold and a consensus price target of $42.25.

View Our Latest Report on EPC

Edgewell Personal Care Trading Down 2.0 %

EPC opened at $38.95 on Wednesday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92 and a current ratio of 1.84. Edgewell Personal Care has a one year low of $33.71 and a one year high of $43.90. The company has a market cap of $1.93 billion, a P/E ratio of 16.30 and a beta of 0.95. The business’s 50-day simple moving average is $37.90 and its 200-day simple moving average is $37.17.

Edgewell Personal Care (NYSE:EPCGet Free Report) last announced its quarterly earnings results on Wednesday, May 8th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.74 by $0.14. The company had revenue of $599.40 million for the quarter, compared to analyst estimates of $606.74 million. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The firm’s revenue was up .2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.56 earnings per share. As a group, equities research analysts expect that Edgewell Personal Care will post 2.92 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 9th. Investors of record on Thursday, June 6th 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 1.54%. The ex-dividend date is Thursday, June 6th. Edgewell Personal Care’s dividend payout ratio is currently 25.10%.

Institutional Trading of Edgewell Personal Care

A number of hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its holdings in shares of Edgewell Personal Care by 82.2% in the fourth quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after purchasing an additional 315 shares during the period. Northwest Investment Counselors LLC acquired a new position in Edgewell Personal Care in the 1st quarter valued at $35,000. TFO Wealth Partners LLC raised its position in Edgewell Personal Care by 32,900.0% during the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock worth $36,000 after buying an additional 987 shares during the last quarter. Lazard Asset Management LLC purchased a new position in Edgewell Personal Care during the 1st quarter worth $116,000. Finally, EMC Capital Management lifted its stake in shares of Edgewell Personal Care by 38.7% in the 3rd quarter. EMC Capital Management now owns 4,220 shares of the company’s stock worth $156,000 after acquiring an additional 1,178 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Company Profile

(Get Free Report)

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.

Further Reading

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