Edgewell Personal Care (NYSE:EPC) Hits New 52-Week Low - Here's Why

Edgewell Personal Care Co (NYSE:EPC - Get Free Report)'s share price reached a new 52-week low on Monday . The stock traded as low as $32.52 and last traded at $32.67, with a volume of 11054 shares traded. The stock had previously closed at $32.67.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Truist Financial decreased their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. Barclays dropped their price target on 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. Finally, StockNews.com downgraded Edgewell Personal Care from a "buy" rating to a "hold" rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $42.40.

Edgewell Personal Care Stock Down 1.7 %

The firm has a market capitalization of $1.56 billion, a PE ratio of 16.39 and a beta of 0.89. The stock has a 50-day simple moving average of $35.37 and a 200-day simple moving average of $37.06. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.67 by $0.05. The business had revenue of $517.60 million for the quarter, compared to analysts' expectations of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. Analysts forecast that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Stockholders of record on Tuesday, December 3rd will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Tuesday, December 3rd. Edgewell Personal Care's payout ratio is currently 30.61%.

Institutional Trading of Edgewell Personal Care

A number of hedge funds and other institutional investors have recently made changes to their positions in EPC. Allspring Global Investments Holdings LLC grew its holdings in Edgewell Personal Care by 63.9% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company's stock valued at $24,163,000 after buying an additional 259,200 shares in the last quarter. Brandes Investment Partners LP grew its stake in Edgewell Personal Care by 19.7% during the second quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company's stock valued at $61,545,000 after acquiring an additional 252,235 shares in the last quarter. Empowered Funds LLC bought a new stake in Edgewell Personal Care during the 3rd quarter worth approximately $6,128,000. LSV Asset Management lifted its stake 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 purchasing an additional 152,200 shares in the last quarter. Finally, Barclays PLC boosted its holdings in Edgewell Personal Care by 563.6% in the 3rd quarter. Barclays PLC now owns 148,553 shares of the company's stock valued at $5,400,000 after purchasing an additional 126,168 shares during the period. 91.91% of the stock is currently owned by institutional investors.

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.