Edgewell Personal Care Company (NYSE:EPC) Receives Consensus Rating of "Hold" from Brokerages

Shares of Edgewell Personal Care Company (NYSE:EPC - Get Free Report) have been assigned an average rating of "Hold" from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $33.14.

A number of equities research analysts have commented on the stock. Wells Fargo & Company cut their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a research report on Thursday, May 8th. Royal Bank Of Canada cut their price objective on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research report on Thursday, May 8th. Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. 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 research report on Thursday, May 8th. Finally, Barclays boosted their price objective on shares of Edgewell Personal Care from $25.00 to $26.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 15th.

Edgewell Personal Care Stock Performance

NYSE:EPC traded up $0.21 during trading hours on Wednesday, reaching $26.96. The company had a trading volume of 370,618 shares, compared to its average volume of 765,094. The company has a current ratio of 1.89, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95. Edgewell Personal Care has a 52 week low of $22.61 and a 52 week high of $40.71. The firm has a market cap of $1.27 billion, a price-to-earnings ratio of 15.77 and a beta of 0.78. The firm's 50 day moving average price is $25.66 and its 200-day moving average price is $28.94.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. The company had revenue of $580.70 million during the quarter, compared to the consensus estimate of $591.01 million. During the same period last year, the firm posted $0.88 EPS. The company's revenue for the quarter was down 3.1% on a year-over-year basis. On average, analysts forecast that Edgewell Personal Care will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 9th. Investors of record on Friday, June 6th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 2.23%. The ex-dividend date was Friday, June 6th. Edgewell Personal Care's dividend payout ratio is currently 35.09%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Inspire Investing LLC boosted its holdings in Edgewell Personal Care by 48.4% in the 2nd quarter. Inspire Investing LLC now owns 19,474 shares of the company's stock worth $456,000 after buying an additional 6,350 shares during the period. KLP Kapitalforvaltning AS lifted its stake in Edgewell Personal Care by 30.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 21,600 shares of the company's stock worth $507,000 after purchasing an additional 5,100 shares in the last quarter. State of Alaska Department of Revenue lifted its stake in Edgewell Personal Care by 4.7% in the 2nd quarter. State of Alaska Department of Revenue now owns 27,992 shares of the company's stock worth $655,000 after purchasing an additional 1,268 shares in the last quarter. GAMMA Investing LLC lifted its stake in Edgewell Personal Care by 167.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company's stock worth $46,000 after purchasing an additional 1,231 shares in the last quarter. Finally, Exchange Traded Concepts LLC lifted its stake in Edgewell Personal Care by 4.3% in the 2nd quarter. Exchange Traded Concepts LLC now owns 60,678 shares of the company's stock worth $1,420,000 after purchasing an additional 2,501 shares in the last quarter. 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.