Edgewell Personal Care (EPC) Scheduled to Post Quarterly Earnings on Thursday

Edgewell Personal Care (NYSE:EPC) will be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Edgewell Personal Care has set its FY24 guidance at $3.00 EPS and its FY 2024 guidance at 3.000-3.000 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Tuesday, August 6th. The company reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.21. The firm had revenue of $647.80 million for the quarter, compared to analyst estimates of $649.67 million. Edgewell Personal Care had a return on equity of 9.92% and a net margin of 5.26%. Edgewell Personal Care’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 earnings per share. On average, analysts expect Edgewell Personal Care to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Edgewell Personal Care Price Performance

Shares of NYSE EPC opened at $35.97 on Thursday. The business’s 50 day moving average price is $36.69 and its 200 day moving average price is $38.10. The firm has a market cap of $1.78 billion, a P/E ratio of 15.06 and a beta of 0.86. Edgewell Personal Care has a 52 week low of $33.27 and a 52 week high of $41.50. The company has a quick ratio of 0.94, a current ratio of 1.79 and a debt-to-equity ratio of 0.82.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date of this dividend was Wednesday, September 4th. Edgewell Personal Care’s payout ratio is presently 25.10%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EPC. UBS Group decreased their price target on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a report on Wednesday, August 7th. Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company 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 note on Friday, September 20th. Finally, Barclays reduced their target price on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Edgewell Personal Care currently has an average rating of “Hold” and a consensus target price of $41.00.

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.