StockNews.com Downgrades Edgewell Personal Care (NYSE:EPC) to Sell

Edgewell Personal Care (NYSE:EPC) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued on Saturday.

EPC has been the subject of a number of other reports. Royal Bank of Canada decreased their price objective on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating for the company in a research report on Tuesday, February 11th. Barclays decreased their price target 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. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 11th. Canaccord Genuity Group reduced their target price on shares of Edgewell Personal Care from $53.00 to $40.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Finally, Morgan Stanley dropped 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 research note on Tuesday, February 11th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $36.57.

Edgewell Personal Care Trading Down 0.6 %

Shares of Edgewell Personal Care stock opened at $30.68 on Friday. The company has a fifty day simple moving average of $31.24 and a 200-day simple moving average of $33.74. Edgewell Personal Care has a 12-month low of $26.65 and a 12-month high of $41.50. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 16.77 and a beta of 1.04.

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

Institutional Investors Weigh In On Edgewell Personal Care

Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Edgewell Personal Care by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock worth $194,875,000 after purchasing an additional 24,850 shares during the last quarter. American Century Companies Inc. increased its position in shares of Edgewell Personal Care by 2.0% in the fourth quarter. American Century Companies Inc. now owns 3,222,739 shares of the company’s stock valued at $108,284,000 after buying an additional 64,257 shares in the last quarter. Brandes Investment Partners LP raised its stake in shares of Edgewell Personal Care by 21.1% during the 4th quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company’s stock worth $68,600,000 after buying an additional 355,224 shares during the last quarter. LSV Asset Management boosted its position in shares of Edgewell Personal Care by 6.8% in the 4th quarter. LSV Asset Management now owns 1,166,152 shares of the company’s stock worth $39,183,000 after buying an additional 74,231 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Edgewell Personal Care by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock valued at $41,078,000 after acquiring an additional 6,964 shares during the last quarter. Hedge funds and other 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.