Barclays Lowers Edgewell Personal Care (NYSE:EPC) Price Target to $33.00

Edgewell Personal Care (NYSE:EPC) had its target price reduced by equities researchers at Barclays from $36.00 to $33.00 in a report issued on Friday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s price target points to a potential downside of 2.25% from the company’s previous close.

Other equities research analysts have also recently issued research reports about the company. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, UBS Group dropped their price target on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $39.80.

Edgewell Personal Care Trading Up 1.7 %

NYSE:EPC opened at $33.76 on Friday. Edgewell Personal Care has a twelve month low of $31.20 and a twelve month high of $41.50. 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 business has a 50 day moving average price of $34.73 and a two-hundred day moving average price of $36.54. The company has a market cap of $1.64 billion, a P/E ratio of 17.22 and a beta of 0.89.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in Edgewell Personal Care by 14.0% in the 3rd quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock valued at $108,000 after buying an additional 332 shares in the last quarter. TD Private Client Wealth LLC grew its holdings in shares of Edgewell Personal Care by 33.1% during the 3rd 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 in the last quarter. HighTower Advisors LLC grew its holdings in shares of Edgewell Personal Care by 12.2% during the 3rd quarter. HighTower Advisors LLC now owns 11,339 shares of the company’s stock worth $421,000 after purchasing an additional 1,234 shares in the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Edgewell Personal Care during the 3rd quarter worth $48,000. Finally, Acadian Asset Management LLC acquired a new stake in shares of Edgewell Personal Care during the 2nd quarter worth $53,000. 91.91% of the stock is 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.