Brokerages Set Edgewell Personal Care Co (NYSE:EPC) PT at $33.00

Shares of Edgewell Personal Care Co (NYSE:EPC - Get Free Report) have been assigned a consensus recommendation of "Hold" from the seven analysts that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $33.00.

A number of analysts recently commented on EPC shares. Wall Street Zen upgraded shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. Wells Fargo & Company lowered their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a report on Thursday, May 8th. Canaccord Genuity Group cut their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a report on Thursday, May 8th. Morgan Stanley decreased their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating for the company in a research report on Tuesday, February 11th. Finally, Barclays dropped their target price on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday, May 8th.

Edgewell Personal Care Trading Up 1.8%

Shares of Edgewell Personal Care stock traded up $0.47 on Tuesday, hitting $26.99. 614,512 shares of the company's stock traded hands, compared to its average volume of 568,457. The firm's 50-day moving average price is $29.09 and its two-hundred day moving average price is $31.57. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.06 and a quick ratio of 0.97. The stock has a market capitalization of $1.27 billion, a PE ratio of 14.75 and a beta of 0.91. Edgewell Personal Care has a one year low of $24.35 and a one year high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its earnings results 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 company had revenue of $580.70 million during the quarter, compared to analyst estimates of $591.01 million. Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The company's quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. On average, research analysts expect that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business 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 dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.22%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio is currently 35.09%.

Hedge Funds Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its stake in Edgewell Personal Care by 80.6% in the first quarter. Jane Street Group LLC now owns 81,179 shares of the company's stock valued at $2,534,000 after acquiring an additional 36,239 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Edgewell Personal Care by 16.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company's stock valued at $3,656,000 after purchasing an additional 16,285 shares during the period. Woodline Partners LP acquired a new stake in Edgewell Personal Care in the 1st quarter valued at about $2,655,000. Empowered Funds LLC grew its holdings in Edgewell Personal Care by 2.1% during the first quarter. Empowered Funds LLC now owns 212,808 shares of the company's stock worth $6,642,000 after purchasing an additional 4,294 shares during the period. Finally, Aristeia Capital L.L.C. bought a new position in Edgewell Personal Care during the first quarter worth about $257,000. 91.91% of the stock is owned by institutional investors.

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.