Barclays Lowers Edgewell Personal Care (NYSE:EPC) Price Target to $30.00

Edgewell Personal Care (NYSE:EPC - Get Free Report) had its price objective decreased by Barclays from $33.00 to $30.00 in a report released on Tuesday,Benzinga reports. The firm currently has an "equal weight" rating on the stock. Barclays's price objective would suggest a potential upside of 0.77% from the company's previous close.

Several other equities analysts have also commented on EPC. UBS Group lowered their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Truist Financial reduced 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 note on Wednesday, October 16th. Morgan Stanley reduced their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research note on Tuesday. Wells Fargo & Company reduced their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating on the stock in a research note on Tuesday. Finally, Royal Bank of Canada reduced their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a research note on Tuesday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Edgewell Personal Care presently has an average rating of "Hold" and an average price target of $36.57.

Edgewell Personal Care Stock Performance

EPC stock traded up $0.06 during midday trading on Tuesday, reaching $29.77. 292,916 shares of the company's stock traded hands, compared to its average volume of 544,313. Edgewell Personal Care has a 52-week low of $26.65 and a 52-week high of $41.50. The stock has a market cap of $1.45 billion, a P/E ratio of 15.19 and a beta of 0.88. 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 stock's 50-day moving average is $33.27 and its 200 day moving average is $35.55.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. As a group, analysts anticipate that Edgewell Personal Care will post 3.19 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Edgewell Personal Care by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock valued at $194,875,000 after purchasing an additional 24,850 shares during the period. American Century Companies Inc. boosted its holdings in shares of Edgewell Personal Care by 2.0% in the 4th quarter. American Century Companies Inc. now owns 3,222,739 shares of the company's stock valued at $108,284,000 after buying an additional 64,257 shares in the last quarter. Brandes Investment Partners LP boosted its holdings in shares of Edgewell Personal Care by 21.1% in the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after buying an additional 355,224 shares in the last quarter. LSV Asset Management boosted its holdings in shares of Edgewell Personal Care by 6.8% in the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company's stock valued at $39,183,000 after buying an additional 74,231 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Edgewell Personal Care by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company's stock valued at $41,078,000 after buying an additional 6,964 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

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.