Edgewell Personal Care Co (NYSE:EPC) Receives Consensus Recommendation of “Hold” from Brokerages

Edgewell Personal Care Co (NYSE:EPCGet Rating) has been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $44.33.

Several brokerages recently issued reports on EPC. TheStreet upgraded Edgewell Personal Care from a “c+” rating to a “b” rating in a research note on Tuesday, May 10th. The Goldman Sachs Group dropped their target price on Edgewell Personal Care from $57.00 to $53.00 in a research report on Tuesday, March 29th. Barclays dropped their target price on Edgewell Personal Care from $34.00 to $29.00 in a research report on Thursday, May 12th. Finally, StockNews.com began coverage on Edgewell Personal Care in a research report on Thursday, March 31st. They issued a “hold” rating on the stock.

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its position in shares of Edgewell Personal Care by 66.9% in the 1st quarter. Bank of America Corp DE now owns 237,964 shares of the company’s stock valued at $8,726,000 after purchasing an additional 95,390 shares during the period. Jane Street Group LLC acquired a new position in shares of Edgewell Personal Care in the 1st quarter valued at $229,000. Clearline Capital LP boosted its position in Edgewell Personal Care by 25.2% during the 1st quarter. Clearline Capital LP now owns 281,494 shares of the company’s stock worth $10,322,000 after acquiring an additional 56,606 shares during the period. Woodline Partners LP boosted its position in Edgewell Personal Care by 29.8% during the 1st quarter. Woodline Partners LP now owns 748,258 shares of the company’s stock worth $27,439,000 after acquiring an additional 171,605 shares during the period. Finally, State Street Corp boosted its position in Edgewell Personal Care by 7.1% during the 1st quarter. State Street Corp now owns 2,029,304 shares of the company’s stock worth $74,702,000 after acquiring an additional 135,214 shares during the period. Institutional investors and hedge funds own 91.06% of the company’s stock.

Shares of NYSE:EPC opened at $33.20 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.78 and a debt-to-equity ratio of 0.93. Edgewell Personal Care has a 52-week low of $32.00 and a 52-week high of $51.86. The company has a 50 day moving average of $35.98 and a two-hundred day moving average of $39.42. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 15.30 and a beta of 0.90.

Edgewell Personal Care (NYSE:EPCGet Rating) last released its earnings results on Tuesday, May 10th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.05). The business had revenue of $547.70 million for the quarter, compared to analysts’ expectations of $564.13 million. Edgewell Personal Care had a net margin of 5.61% and a return on equity of 10.06%. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.70 earnings per share. On average, equities analysts anticipate that Edgewell Personal Care will post 2.48 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 7th. Investors of record on Thursday, June 2nd will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date is Wednesday, June 1st. Edgewell Personal Care’s payout ratio is currently 27.65%.

About Edgewell Personal Care (Get Rating)

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

Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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