Royal Bank of Canada Issues Pessimistic Forecast for Edgewell Personal Care (NYSE:EPC) Stock Price

Edgewell Personal Care (NYSE:EPC - Get Free Report) had its price target lowered by investment analysts at Royal Bank of Canada from $48.00 to $43.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Royal Bank of Canada's price target would suggest a potential upside of 44.43% from the stock's current price.

Several other research analysts have also recently commented on EPC. Morgan Stanley reduced their target price on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday. UBS Group reduced their target price on Edgewell Personal Care from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Thursday, January 16th. Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a "buy" rating for the company in a research report on Wednesday, October 16th. Barclays reduced their target price on Edgewell Personal Care from $36.00 to $33.00 and set an "equal weight" rating for the company in a research report on Friday, January 17th. Finally, Wells Fargo & Company dropped their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research note on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Edgewell Personal Care presently has an average rating of "Hold" and a consensus target price of $36.57.

Edgewell Personal Care Stock Performance

Shares of EPC traded up $0.06 during mid-day trading on Tuesday, hitting $29.77. The company's stock had a trading volume of 292,916 shares, compared to its average volume of 544,313. Edgewell Personal Care has a one year low of $26.65 and a one year high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The firm has a market capitalization of $1.45 billion, a PE ratio of 15.19 and a beta of 0.88. The stock's 50-day moving average is $33.27 and its two-hundred day moving average is $35.55.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. As a group, sell-side analysts anticipate that Edgewell Personal Care will post 3.19 EPS for the current year.

Institutional Trading of Edgewell Personal Care

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

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.