Edgewell Personal Care Co (NYSE:EPC) Receives $42.40 Consensus Price Target from Brokerages

Edgewell Personal Care Co (NYSE:EPC - Get Free Report) has earned an average rating of "Moderate Buy" from the five brokerages that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $42.40.

A number of equities analysts have issued reports on the company. Truist Financial decreased their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. StockNews.com cut shares of Edgewell Personal Care from a "buy" rating to a "hold" rating in a research report on Friday, September 20th. Finally, Barclays cut their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an "equal weight" rating on the stock in a report on Monday, November 11th.

Hedge Funds Weigh In On Edgewell Personal Care

A number of hedge funds have recently added to or reduced their stakes in EPC. Wakefield Asset Management LLLP purchased a new position in shares of Edgewell Personal Care in the second quarter worth $944,000. Acadian Asset Management LLC bought a new stake in Edgewell Personal Care in the 2nd quarter worth about $53,000. LSV Asset Management raised its position in Edgewell Personal Care by 16.6% in the 2nd quarter. LSV Asset Management now owns 1,071,354 shares of the company's stock worth $43,058,000 after buying an additional 152,200 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Edgewell Personal Care by 16.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,060 shares of the company's stock valued at $284,000 after acquiring an additional 1,000 shares during the period. Finally, Kestrel Investment Management Corp purchased a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at about $4,855,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

Edgewell Personal Care Trading Down 2.4 %

Shares of NYSE:EPC traded down $0.81 on Friday, hitting $32.67. The company had a trading volume of 531,394 shares, compared to its average volume of 415,697. Edgewell Personal Care has a 1 year low of $32.61 and a 1 year high of $41.50. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The firm's 50-day simple moving average is $35.37 and its two-hundred day simple moving average is $37.08. The firm has a market capitalization of $1.59 billion, a price-to-earnings ratio of 16.67 and a beta of 0.89.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.72 EPS for the quarter, topping the consensus estimate 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 analyst estimates of $535.23 million. During the same period last year, the business posted $0.72 earnings per share. Edgewell Personal Care's quarterly revenue was down 3.1% compared to the same quarter last year. Equities analysts anticipate that Edgewell Personal Care will post 3.21 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 1.84%. Edgewell Personal Care's dividend payout ratio 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.