Edgewell Personal Care (NYSE:EPC) Given New $33.00 Price Target at Barclays

Edgewell Personal Care (NYSE:EPC - Free Report) had its target price decreased by Barclays from $36.00 to $33.00 in a report released on Friday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

Other analysts have also recently issued research reports about the stock. Truist Financial decreased 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. UBS Group decreased their target price on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research report on Thursday. StockNews.com cut Edgewell Personal Care from a "buy" rating to a "hold" rating in a report on Friday, September 20th. Finally, Wells Fargo & Company decreased their price objective on Edgewell Personal Care from $42.00 to $37.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $39.80.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock traded up $0.57 during mid-day trading on Friday, hitting $33.76. The stock had a trading volume of 574,023 shares, compared to its average volume of 385,671. 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 firm's 50 day moving average is $34.73 and its 200 day moving average is $36.57. The firm has a market capitalization of $1.64 billion, a P/E ratio of 17.22 and a beta of 0.89. Edgewell Personal Care has a one year low of $31.20 and a one year high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm had revenue of $517.60 million during the quarter, compared to analysts' expectations of $535.23 million. During the same quarter last year, the business posted $0.72 earnings per share. The firm's revenue was down 3.1% on a year-over-year basis. On average, sell-side analysts forecast that Edgewell Personal Care will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Tuesday, December 3rd. Edgewell Personal Care's payout ratio is 30.61%.

Hedge Funds Weigh In On Edgewell Personal Care

Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP increased its position in Edgewell Personal Care by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company's stock valued at $145,524,000 after acquiring an additional 24,513 shares during the last quarter. Brandes Investment Partners LP grew its holdings in Edgewell Personal Care by 19.7% during the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company's stock valued at $61,545,000 after purchasing an additional 252,235 shares during the last quarter. Geode Capital Management LLC grew its holdings in Edgewell Personal Care by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company's stock valued at $41,078,000 after purchasing an additional 6,964 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Edgewell Personal Care by 2.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company's stock worth $28,298,000 after purchasing an additional 22,209 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in Edgewell Personal Care by 6.2% in the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company's stock worth $24,345,000 after purchasing an additional 39,059 shares during the last quarter. 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.