StockNews.com lowered shares of Edgewell Personal Care (NYSE:EPC - Free Report) from a hold rating to a sell rating in a research note published on Saturday morning.
EPC has been the subject of a number of other reports. Wells Fargo & Company lowered their price target on shares of 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. Canaccord Genuity Group lowered their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, February 11th. UBS Group cut their price target on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Royal Bank of Canada lowered their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Finally, Morgan Stanley cut their target price on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $36.57.
Get Our Latest Stock Analysis on EPC
Edgewell Personal Care Trading Down 0.1 %
Shares of NYSE EPC traded down $0.02 during midday trading on Friday, hitting $31.19. 458,133 shares of the company traded hands, compared to its average volume of 443,832. Edgewell Personal Care has a 12-month low of $26.65 and a 12-month high of $41.50. The firm has a market cap of $1.50 billion, a P/E ratio of 17.04 and a beta of 1.04. The stock has a 50-day moving average price of $31.13 and a 200 day moving average price of $33.66. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06.
Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. As a group, analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current year.
Edgewell Personal Care Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 annualized dividend and a dividend yield of 1.92%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 32.79%.
Hedge Funds Weigh In On Edgewell Personal Care
A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Edgewell Personal Care by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock worth $194,875,000 after acquiring an additional 24,850 shares during the period. American Century Companies Inc. grew its position in 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 worth $108,284,000 after purchasing an additional 64,257 shares during the period. Brandes Investment Partners LP raised its stake in 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. LSV Asset Management lifted its holdings in shares of Edgewell Personal Care by 6.8% during 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 during the period. Finally, Geode Capital Management LLC boosted its stake 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 worth $41,078,000 after buying an additional 6,964 shares during the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.
About Edgewell Personal Care
(
Get Free Report)
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.
Further Reading
Before you consider Edgewell Personal Care, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Edgewell Personal Care wasn't on the list.
While Edgewell Personal Care currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
