Edgewell Personal Care Company (NYSE:EPC) Stock Rated "Hold" by Sell-Side Analysts

Key Points

• Eight analysts give Edgewell Personal Care a consensus “Hold” rating: four holds, three buys, and one sell. Their average 12-month price target is $31.50.
• Recent analyst views were mixed: RBC raised its target to $35 and maintained “outperform,” while Wells Fargo cut its target to $30 but kept an “overweight” rating; UBS reiterated “neutral” with a $30 target.
• Shares were reported up 5.9%, opening at $29.64, near the stock’s 12-month high of $30.36. Institutional investors own about 91.9% of the company’s shares.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) has received a consensus rating of "Hold" from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $31.50.

Several analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Edgewell Personal Care from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, August 25th. Wells Fargo & Company dropped their target price on Edgewell Personal Care from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, October 5th. Royal Bank Of Canada boosted their price target on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the company an "outperform" rating in a research report on Thursday, August 6th. Barclays raised their price objective on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the stock an "equal weight" rating in a research report on Friday, August 7th. Finally, UBS Group reiterated a "neutral" rating and set a $30.00 price target on shares of Edgewell Personal Care in a research note on Thursday, October 15th.

Edgewell Personal Care Trading Up 5.9%

Shares of Edgewell Personal Care stock opened at $29.64 on Tuesday. The firm has a market capitalization of $1.37 billion, a PE ratio of -14.82 and a beta of 0.36. Edgewell Personal Care has a twelve month low of $15.73 and a twelve month high of $30.36. The firm's 50-day moving average price is $27.80 and its 200 day moving average price is $24.18. The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85.

Institutional Investors Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently made changes to their positions in the business. Maryland State Retirement & Pension System acquired a new stake in Edgewell Personal Care during the 3rd quarter valued at approximately $278,000. Illinois Municipal Retirement Fund grew its position in shares of Edgewell Personal Care by 26.3% during the third quarter. Illinois Municipal Retirement Fund now owns 25,172 shares of the company's stock worth $679,000 after buying an additional 5,247 shares in the last quarter. Fulcrum Asset Management LLP grew its position in shares of Edgewell Personal Care by 5,133.3% during the third quarter. Fulcrum Asset Management LLP now owns 942 shares of the company's stock worth $26,000 after buying an additional 924 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of Edgewell Personal Care in the 3rd quarter worth about $362,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its position in shares of Edgewell Personal Care by 101.8% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 22,200 shares of the company's stock worth $599,000 after acquiring an additional 11,200 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Company Profile

Edgewell Personal Care is a global consumer products company focused on personal grooming and sun and skin care. Its products include shaving systems, disposable razors, shaving gels and creams, sunscreens and skin care products, sold through retailers and online channels.

Its brand portfolio includes Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog and Jack Black. The company serves consumers in the United States and international markets.

Edgewell became an independent public company in 2015 following its separation from Energizer Holdings.

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