Edgewell Personal Care Co (NYSE:EPC) Receives Average Recommendation of “Moderate Buy” from Brokerages

Edgewell Personal Care Co (NYSE:EPC) has earned an average rating of “Moderate Buy” from the five research firms that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $42.40.

EPC has been the topic of a number of recent research reports. Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Barclays dropped their price objective 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.

Edgewell Personal Care Trading Up 0.2 %

NYSE:EPC opened at $35.45 on Tuesday. The company has a market capitalization of $1.73 billion, a PE ratio of 18.09 and a beta of 0.88. Edgewell Personal Care has a 52-week low of $33.27 and a 52-week high of $41.50. The stock has a fifty day simple moving average of $35.65 and a 200-day simple moving average of $37.55. 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 earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping 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 net margin of 4.38% and a return on equity of 9.78%. The firm’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 earnings per share. On average, equities research analysts expect that Edgewell Personal Care will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a dividend yield of 1.69%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care’s dividend payout ratio (DPR) is 30.61%.

Hedge Funds Weigh In On Edgewell Personal Care

Several institutional investors have recently added to or reduced their stakes in EPC. Clearstead Trust LLC purchased a new stake in Edgewell Personal Care in the 2nd quarter valued at about $33,000. Prospera Private Wealth LLC purchased a new stake in Edgewell Personal Care in the third quarter valued at approximately $48,000. Acadian Asset Management LLC purchased a new position in Edgewell Personal Care during the second quarter worth approximately $53,000. Innealta Capital LLC acquired a new position in shares of Edgewell Personal Care in the 2nd quarter valued at $76,000. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at $84,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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.