Edgewell Personal Care Co (NYSE:EPC) Receives $36.57 Consensus PT from Brokerages

Shares of Edgewell Personal Care Co (NYSE:EPC) have been assigned an average rating of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $36.57.

A number of equities analysts recently weighed in on the stock. Morgan Stanley cut their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a report on Tuesday, February 11th. UBS Group reduced their target price on shares of 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. Canaccord Genuity Group lowered their price target on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, February 11th. Barclays reduced their price objective on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating for the company in a report on Tuesday, February 11th. Finally, Royal Bank of Canada lowered their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Intech Investment Management LLC bought a new stake in Edgewell Personal Care during the 3rd quarter worth approximately $639,000. Barclays PLC increased its position in shares of Edgewell Personal Care by 563.6% during 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 last quarter. JPMorgan Chase & Co. raised its holdings in shares of Edgewell Personal Care by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after buying an additional 39,059 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in Edgewell Personal Care by 12.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company’s stock worth $25,122,000 after buying an additional 85,467 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Edgewell Personal Care by 145.7% in the third quarter. BNP Paribas Financial Markets now owns 24,938 shares of the company’s stock worth $906,000 after buying an additional 14,787 shares in the last quarter. 91.91% of the stock is currently owned by institutional investors.

Edgewell Personal Care Trading Up 1.4 %

NYSE:EPC opened at $29.74 on Thursday. Edgewell Personal Care has a 52 week low of $26.65 and a 52 week high of $41.50. The firm has a 50-day moving average price of $31.35 and a two-hundred day moving average price of $33.84. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The firm has a market cap of $1.43 billion, a price-to-earnings ratio of 16.25 and a beta of 1.04.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Monday, February 10th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. On average, equities analysts expect that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Investors of record on Wednesday, March 5th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a yield of 2.02%. Edgewell Personal Care’s dividend payout ratio (DPR) is 32.79%.

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.