Edgewell Personal Care Company (NYSE:EPC) Receives $33.14 Consensus Price Target from Brokerages

Shares of Edgewell Personal Care Company (NYSE:EPC - Get Free Report) have earned a consensus recommendation of "Hold" from the seven ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $33.14.

EPC has been the topic of a number of analyst reports. Barclays lifted their price target on Edgewell Personal Care from $25.00 to $26.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 15th. Wells Fargo & Company cut their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a report on Thursday, May 8th. Canaccord Genuity Group decreased 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 note on Thursday, May 8th. UBS Group boosted their target price on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a research note on Thursday, April 17th. Finally, Wall Street Zen upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th.

Institutional Trading of Edgewell Personal Care

A number of institutional investors have recently bought and sold shares of EPC. Teacher Retirement System of Texas lifted its holdings in shares of Edgewell Personal Care by 121.6% during the 4th quarter. Teacher Retirement System of Texas now owns 69,883 shares of the company's stock valued at $2,348,000 after buying an additional 38,346 shares during the last quarter. Sei Investments Co. raised its position in Edgewell Personal Care by 11.1% during the fourth quarter. Sei Investments Co. now owns 477,101 shares of the company's stock valued at $16,031,000 after acquiring an additional 47,789 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Edgewell Personal Care in the fourth quarter valued at approximately $816,000. LPL Financial LLC grew its position in Edgewell Personal Care by 71.3% in the fourth quarter. LPL Financial LLC now owns 12,057 shares of the company's stock worth $405,000 after acquiring an additional 5,019 shares in the last quarter. Finally, Vanguard Group Inc. grew its position in Edgewell Personal Care by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock worth $194,875,000 after acquiring an additional 24,850 shares in the last quarter. Institutional investors and hedge funds own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

NYSE:EPC traded up $0.21 during trading hours on Wednesday, reaching $26.96. 370,618 shares of the company's stock were exchanged, compared to its average volume of 765,094. The company has a quick ratio of 0.93, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $1.27 billion, a P/E ratio of 15.77 and a beta of 0.78. Edgewell Personal Care has a 12 month low of $22.61 and a 12 month high of $40.71. The business's 50-day simple moving average is $25.66 and its two-hundred day simple moving average is $28.96.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 return on equity of 9.20% and a net margin of 3.81%. The business's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.88 earnings per share. Sell-side 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 declared a quarterly dividend, which was paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend was Friday, June 6th. Edgewell Personal Care's dividend payout ratio (DPR) is presently 35.09%.

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.