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

Shares of Edgewell Personal Care Co (NYSE:EPC) have been given an average rating of “Moderate Buy” by the five brokerages that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $42.40.

Several equities analysts recently weighed in on EPC shares. UBS Group cut their price target on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Barclays cut their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday. Truist Financial reduced their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th.

Edgewell Personal Care Stock Up 0.9 %

NYSE:EPC opened at $34.98 on Friday. The company has a market cap of $1.72 billion, a PE ratio of 17.85 and a beta of 0.86. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The company’s 50 day moving average is $35.63 and its two-hundred day moving average is $37.98. Edgewell Personal Care has a twelve month low of $33.27 and a twelve month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. The business 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 business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. Analysts anticipate that Edgewell Personal Care will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The company 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is currently 30.61%.

Institutional Trading of Edgewell Personal Care

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Point72 Asia Singapore Pte. Ltd. boosted its stake in shares of Edgewell Personal Care by 76.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 3,205 shares of the company’s stock worth $116,000 after acquiring an additional 1,389 shares in the last quarter. Point72 Hong Kong Ltd purchased a new stake in shares of Edgewell Personal Care during the 3rd quarter worth about $118,000. BNP Paribas Financial Markets increased its holdings in Edgewell Personal Care by 145.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company’s stock valued at $906,000 after purchasing an additional 14,787 shares in the last quarter. FMR LLC grew its holdings in Edgewell Personal Care by 5.4% during the 3rd quarter. FMR LLC now owns 188,006 shares of the company’s stock valued at $6,832,000 after purchasing an additional 9,664 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Edgewell Personal Care during the 3rd quarter worth approximately $337,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

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.