Edgewell Personal Care Co (NYSE:EPC) Receives Consensus Recommendation of "Hold" from Analysts

Shares of Edgewell Personal Care Co (NYSE:EPC - Get Free Report) have received an average recommendation of "Hold" from the seven analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $33.00.

A number of equities research analysts recently weighed in on EPC shares. Morgan Stanley lowered their target price 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. Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday. Barclays cut their price objective on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday. Wells Fargo & Company decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a report on Thursday. Finally, Royal Bank of Canada dropped their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Thursday.

Edgewell Personal Care Price Performance

Shares of EPC traded up $0.03 during trading hours on Friday, hitting $27.23. 764,377 shares of the company were exchanged, compared to its average volume of 470,405. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. Edgewell Personal Care has a fifty-two week low of $24.35 and a fifty-two week high of $41.50. The company has a market cap of $1.31 billion, a price-to-earnings ratio of 14.88 and a beta of 0.91. The firm's fifty day moving average is $30.03 and its 200 day moving average is $32.46.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.03). The business had revenue of $580.70 million during the quarter, compared to the consensus estimate of $591.01 million. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The business's revenue was down 3.1% on a year-over-year basis. During the same period last year, the business posted $0.88 earnings per share. On average, equities analysts anticipate that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.20%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio is presently 32.79%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Quadrant Capital Group LLC raised its holdings in Edgewell Personal Care by 85.9% in the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after acquiring an additional 347 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock worth $30,000 after buying an additional 687 shares during the last quarter. R Squared Ltd bought a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $36,000. Wolverine Asset Management LLC increased its position in 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 buying an additional 800 shares during the period. Finally, Sterling Capital Management LLC grew its stake in Edgewell Personal Care by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock worth $51,000 after buying an additional 1,362 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 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.