Analysts Set Edgewell Personal Care Co (NYSE:EPC) Price Target at $36.57

Shares of Edgewell Personal Care Co (NYSE:EPC - Get Free Report) have been assigned an average recommendation of "Hold" from the seven ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $36.57.

A number of research analysts recently weighed in on the stock. UBS Group dropped their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research report on Thursday, January 16th. Morgan Stanley decreased their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research note on Tuesday, February 11th. Barclays cut their target price on Edgewell Personal Care from $33.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Tuesday, February 11th. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 11th. Finally, Royal Bank of Canada cut their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 11th.

Hedge Funds Weigh In On Edgewell Personal Care

Several institutional investors and hedge funds have recently bought and sold shares of EPC. Brandes Investment Partners LP lifted its position in shares of Edgewell Personal Care by 21.1% during 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 during the last quarter. William Blair Investment Management LLC raised its stake in Edgewell Personal Care by 40.5% in the 4th quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock valued at $29,514,000 after acquiring an additional 253,014 shares during the period. Millennium Management LLC lifted its holdings in Edgewell Personal Care by 117.3% during the fourth quarter. Millennium Management LLC now owns 443,507 shares of the company's stock valued at $14,902,000 after purchasing an additional 239,404 shares during the last quarter. Raymond James Financial Inc. bought a new position in Edgewell Personal Care during the fourth quarter worth about $7,473,000. Finally, Marshall Wace LLP purchased a new position in shares of Edgewell Personal Care in the fourth quarter worth about $5,040,000. 91.91% of the stock is owned by institutional investors.

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Edgewell Personal Care Stock Down 0.7 %

EPC traded down $0.22 during midday trading on Thursday, reaching $29.37. 1,100,995 shares of the company were exchanged, compared to its average volume of 420,492. Edgewell Personal Care has a one year low of $26.65 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The company's fifty day moving average price is $31.52 and its 200 day moving average price is $34.05. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 16.05 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. As a group, analysts expect that Edgewell Personal Care will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.04%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 32.79%.

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.