Edgewell Personal Care Co (NYSE:EPC) Given Average Rating of “Hold” by Brokerages

Edgewell Personal Care Co (NYSE:EPC) has been assigned an average recommendation of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $41.00.

A number of research firms recently issued reports on EPC. Barclays dropped their price objective on Edgewell Personal Care from $40.00 to $37.00 and set an “equal weight” rating for the company in a report on Friday, October 11th. UBS Group decreased their target price on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research report on Wednesday, August 7th. StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, Truist Financial decreased their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th.

Edgewell Personal Care Stock Down 0.4 %

NYSE EPC opened at $35.76 on Monday. The stock has a 50 day moving average price of $37.08 and a 200-day moving average price of $38.16. Edgewell Personal Care has a one year low of $33.27 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.94 and a current ratio of 1.79. The company has a market capitalization of $1.77 billion, a P/E ratio of 14.96 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Tuesday, August 6th. The company reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.21. The company 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 quarterly revenue was down .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.98 EPS. As a group, equities analysts predict that Edgewell Personal Care will post 3 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Wednesday, September 4th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date was Wednesday, September 4th. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 25.10%.

Hedge Funds Weigh In On Edgewell Personal Care

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its holdings in shares of Edgewell Personal Care by 16.1% in the 4th quarter. Wellington Management Group LLP now owns 168,022 shares of the company’s stock valued at $6,155,000 after buying an additional 23,330 shares in the last quarter. Vanguard Group Inc. boosted its stake in Edgewell Personal Care by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,804,147 shares of the company’s stock valued at $212,606,000 after acquiring an additional 21,915 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in Edgewell Personal Care in the first quarter worth $35,000. ARGA Investment Management LP acquired a new position in shares of Edgewell Personal Care during the first quarter worth $237,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Edgewell Personal Care by 483.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 292,395 shares of the company’s stock valued at $11,298,000 after purchasing an additional 242,310 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

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.