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

Shares of Edgewell Personal Care Co (NYSE:EPC) have been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $42.40.

A number of research firms recently commented on EPC. Barclays dropped their price objective on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Truist Financial cut their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Finally, StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in Edgewell Personal Care by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Edgewell Personal Care by 2.9% in the third quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock valued at $9,137,000 after purchasing an additional 7,018 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Edgewell Personal Care by 2.1% during the third quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock worth $4,499,000 after purchasing an additional 2,684 shares during the last quarter. Sanctuary Advisors LLC grew its position in Edgewell Personal Care by 13.3% in the third quarter. Sanctuary Advisors LLC now owns 19,973 shares of the company’s stock valued at $718,000 after purchasing an additional 2,339 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its stake in Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after buying an additional 693 shares during the last quarter. 91.91% of the stock is owned by institutional investors.

Edgewell Personal Care Stock Performance

Shares of NYSE:EPC opened at $32.67 on Friday. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. Edgewell Personal Care has a 1-year low of $32.61 and a 1-year high of $41.50. The stock has a market capitalization of $1.59 billion, a P/E ratio of 16.67 and a beta of 0.88. The business has a 50-day moving average price of $35.37 and a two-hundred day moving average price of $37.10.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The business had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same period in the previous year, the firm posted $0.72 earnings per share. Edgewell Personal Care’s revenue for the quarter was down 3.1% compared to the same quarter last year. Equities analysts predict that Edgewell Personal Care will post 3.21 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a yield of 1.84%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 30.61%.

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.