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

StockNews.com cut shares of Edgewell Personal Care (NYSE:EPCFree Report) from a buy rating to a hold rating in a research note published on Thursday morning.

Several other equities research analysts also recently weighed in on EPC. Canaccord Genuity Group increased their price target on Edgewell Personal Care from $52.00 to $53.00 and gave the stock a buy rating in a report on Thursday, May 9th. Wells Fargo & Company increased their price target on Edgewell Personal Care from $40.00 to $43.00 and gave the stock an overweight rating in a report on Thursday, February 8th. Finally, Barclays increased their price target on Edgewell Personal Care from $37.00 to $40.00 and gave the stock an equal weight rating in a report on Friday, May 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, Edgewell Personal Care has a consensus rating of Hold and a consensus price target of $42.25.

Get Our Latest Stock Report on Edgewell Personal Care

Edgewell Personal Care Trading Up 3.6 %

Shares of EPC stock opened at $37.76 on Thursday. Edgewell Personal Care has a 1 year low of $33.71 and a 1 year high of $43.90. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.84 and a quick ratio of 0.92. The stock’s 50 day simple moving average is $37.89 and its two-hundred day simple moving average is $37.24. The company has a market cap of $1.87 billion, a PE ratio of 15.80 and a beta of 0.95.

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

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Thursday, June 6th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $0.60 annualized dividend and a yield of 1.59%. Edgewell Personal Care’s payout ratio is currently 25.10%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of EPC. Quadrant Capital Group LLC increased its holdings in Edgewell Personal Care by 82.2% during the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock worth $26,000 after purchasing an additional 315 shares during the period. Northwest Investment Counselors LLC purchased a new position in Edgewell Personal Care during the 1st quarter worth $35,000. TFO Wealth Partners LLC increased its holdings 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 purchasing an additional 987 shares during the period. Lazard Asset Management LLC bought a new stake in Edgewell Personal Care during the 1st quarter valued at $116,000. Finally, EMC Capital Management boosted its position in Edgewell Personal Care by 38.7% during the 3rd quarter. EMC Capital Management now owns 4,220 shares of the company’s stock valued at $156,000 after acquiring an additional 1,178 shares in the last quarter. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

About Edgewell Personal Care

(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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