Edgewell Personal Care (NYSE:EPC) Shares Down 4% - Here's Why

Edgewell Personal Care Co (NYSE:EPC - Get Free Report) traded down 4% during trading on Tuesday . The company traded as low as $31.27 and last traded at $31.05. 27,259 shares were traded during trading, a decline of 94% from the average session volume of 431,483 shares. The stock had previously closed at $32.34.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on EPC shares. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $42.00 to $37.00 and set an "overweight" rating for the company in a report on Tuesday, January 7th. Truist Financial lowered their target price on 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. UBS Group reduced 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. Finally, Barclays dropped their target price on shares of Edgewell Personal Care from $36.00 to $33.00 and set an "equal weight" rating for the company in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $39.80.

Edgewell Personal Care Stock Down 1.3 %

The firm has a 50 day moving average price of $33.97 and a 200-day moving average price of $35.85. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 16.11 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating 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 company had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. During the same quarter last year, the firm earned $0.72 EPS. The company's revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts predict that Edgewell Personal Care Co will post 3.19 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. R Squared Ltd bought a new stake in shares of Edgewell Personal Care in the 4th quarter valued at about $36,000. Wolverine Asset Management LLC increased its stake in Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock valued at $39,000 after purchasing an additional 800 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in Edgewell Personal Care in the third quarter worth $48,000. KBC Group NV boosted its position in shares of Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock worth $77,000 after purchasing an additional 823 shares in the last quarter. Finally, TD Private Client Wealth LLC grew its holdings in shares of Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company's stock valued at $101,000 after buying an additional 693 shares during the period. Institutional investors own 91.91% of the company's stock.

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.