Edgewell Personal Care (NYSE:EPC) Hits New 12-Month Low – Here’s Why

Edgewell Personal Care Co (NYSE:EPC)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $30.80 and last traded at $30.80, with a volume of 123 shares changing hands. The stock had previously closed at $31.52.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on EPC shares. Barclays cut their price target on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating for the company in a report on Monday, November 11th. Truist Financial dropped their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Wells Fargo & Company dropped their target price 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. Finally, StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Edgewell Personal Care presently has an average rating of “Moderate Buy” and an average target price of $41.20.

Edgewell Personal Care Stock Up 1.5 %

The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 16.54 and a beta of 0.89. The stock has a fifty day moving average price of $34.99 and a two-hundred day moving average price of $36.72.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The business had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 earnings per share. As a group, sell-side analysts expect that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.85%. The ex-dividend date of this dividend was Tuesday, December 3rd. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 30.61%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Clearstead Trust LLC acquired a new position in Edgewell Personal Care in the second quarter valued at about $33,000. Prospera Private Wealth LLC bought a new position in Edgewell Personal Care in the third quarter valued at about $48,000. Acadian Asset Management LLC bought a new position in Edgewell Personal Care in the second quarter valued at about $53,000. Canada Pension Plan Investment Board bought a new position in Edgewell Personal Care in the second quarter valued at about $84,000. Finally, Blue Trust Inc. grew its position in Edgewell Personal Care by 14.0% in the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after acquiring an additional 332 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

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.