Edgewell Personal Care (NYSE:EPC) Trading Down 4% – What’s Next?

Edgewell Personal Care Co (NYSE:EPC) traded down 4% on Tuesday . The stock 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.

Analyst Ratings Changes

Several brokerages have recently commented on EPC. Wells Fargo & Company reduced their target price on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. UBS Group dropped 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. Barclays cut their price objective on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a report on Friday, January 17th. Finally, Truist Financial reduced their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $39.80.

Edgewell Personal Care Price Performance

The firm has a market cap of $1.56 billion, a P/E ratio of 16.34 and a beta of 0.88. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The company has a fifty day moving average price of $34.17 and a two-hundred day moving average price of $35.94.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.67 by $0.05. The firm 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 business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.72 EPS. Equities analysts anticipate that Edgewell Personal Care Co will post 3.19 earnings per share for the current year.

Hedge Funds Weigh In On Edgewell Personal Care

Large investors have recently modified their holdings of the business. Blue Trust Inc. increased its position in shares of Edgewell Personal Care by 14.0% during the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares during the last quarter. Exchange Traded Concepts LLC raised its position in Edgewell Personal Care by 2.6% during the fourth quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after acquiring an additional 495 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in Edgewell Personal Care by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock valued at $695,000 after acquiring an additional 529 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Edgewell Personal Care by 33.1% during the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after purchasing an additional 693 shares during the period. Finally, Wolverine Asset Management LLC boosted its stake in shares of Edgewell Personal Care by 217.4% during the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock worth $39,000 after acquiring an additional 800 shares during the period. 91.91% of the stock is currently 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.