Wells Fargo & Company Cuts Edgewell Personal Care (NYSE:EPC) Price Target to $35.00

Edgewell Personal Care (NYSE:EPC - Get Free Report) had its price objective lowered by research analysts at Wells Fargo & Company from $37.00 to $35.00 in a report released on Tuesday,Benzinga reports. The firm currently has an "overweight" rating on the stock. Wells Fargo & Company's target price suggests a potential upside of 17.58% from the company's previous close.

Other analysts have also issued research reports about the company. Barclays cut their price objective on Edgewell Personal Care from $36.00 to $33.00 and set an "equal weight" rating for the company in a report on Friday, January 17th. Truist Financial dropped their target price on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating on the stock in a research report on Wednesday, October 16th. Finally, UBS Group lowered their price objective on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating on the stock in a report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Edgewell Personal Care has an average rating of "Hold" and an average target price of $36.57.

Edgewell Personal Care Stock Performance

EPC traded up $0.06 during trading on Tuesday, reaching $29.77. 292,916 shares of the company were exchanged, compared to its average volume of 544,313. The stock has a market cap of $1.45 billion, a P/E ratio of 15.19 and a beta of 0.88. The firm has a 50 day moving average of $33.27 and a 200 day moving average of $35.55. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. Edgewell Personal Care has a 52 week low of $26.65 and a 52 week high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) 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%. On average, sell-side analysts forecast that Edgewell Personal Care will post 3.19 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC increased its holdings in Edgewell Personal Care by 4.6% during the 4th quarter. Voya Investment Management LLC now owns 39,472 shares of the company's stock valued at $1,326,000 after purchasing an additional 1,743 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Edgewell Personal Care by 8.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 41,320 shares of the company's stock valued at $1,389,000 after purchasing an additional 3,057 shares in the last quarter. Susquehanna International Group LLP increased its holdings in Edgewell Personal Care by 169.1% during the 4th quarter. Susquehanna International Group LLP now owns 44,776 shares of the company's stock valued at $1,504,000 after purchasing an additional 28,136 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in Edgewell Personal Care by 166.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,362 shares of the company's stock valued at $147,000 after purchasing an additional 2,725 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in Edgewell Personal Care by 5.2% during the 4th quarter. MetLife Investment Management LLC now owns 30,020 shares of the company's stock valued at $1,009,000 after purchasing an additional 1,495 shares in the last quarter. 91.91% of the stock is owned by institutional investors and hedge funds.

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.