Edgewell Personal Care Company (NYSE:EPC) Receives Average Rating of "Hold" from Analysts

Key Points

• Edgewell Personal Care Company (NYSE:EPC) has received a consensus rating of "Hold" from analysts, with one sell rating, three hold ratings, and four buy ratings among eight covering firms.
• The company's recent quarterly earnings report showed a net loss in earnings per share, reporting $0.92 against an expected $1.01, along with a revenue decline of 3.2% year-over-year.
• Edgewell has declared a quarterly dividend of $0.15 per share, resulting in an annualized yield of 2.8%, with the payment scheduled for October 8th.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) has earned a consensus recommendation of "Hold" from the eight research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $29.2857.

EPC has been the subject of a number of research reports. Morgan Stanley raised shares of Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and cut their target price for the company from $26.00 to $23.00 in a research note on Wednesday, August 6th. Canaccord Genuity Group reduced their target price on Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Barclays lowered their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 6th. Zacks Research cut shares of Edgewell Personal Care from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 19th. Finally, UBS Group lowered their price target on shares of Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating on the stock in a report on Wednesday, August 6th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in shares of Edgewell Personal Care by 4.6% in the first quarter. Vanguard Group Inc. now owns 6,066,471 shares of the company's stock valued at $189,335,000 after acquiring an additional 266,611 shares during the last quarter. Brandes Investment Partners LP raised its stake in shares of Edgewell Personal Care by 40.0% in the second quarter. Brandes Investment Partners LP now owns 4,597,685 shares of the company's stock valued at $107,632,000 after acquiring an additional 1,313,248 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Edgewell Personal Care by 10.3% in the second quarter. American Century Companies Inc. now owns 3,671,271 shares of the company's stock valued at $85,944,000 after acquiring an additional 341,831 shares during the last quarter. LSV Asset Management raised its stake in shares of Edgewell Personal Care by 0.7% in the second quarter. LSV Asset Management now owns 1,345,054 shares of the company's stock valued at $31,488,000 after acquiring an additional 9,170 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its stake in shares of Edgewell Personal Care by 5.5% in the second quarter. Gamco Investors INC. ET AL now owns 969,969 shares of the company's stock valued at $22,707,000 after acquiring an additional 50,632 shares during the last quarter. Institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC opened at $21.70 on Thursday. The business's 50 day simple moving average is $24.29 and its 200-day simple moving average is $27.03. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 16.08 and a beta of 0.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91. Edgewell Personal Care has a 12 month low of $19.13 and a 12 month high of $38.44.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by ($0.09). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The business had revenue of $627.20 million for the quarter, compared to analysts' expectations of $658.51 million. During the same period in the prior year, the company earned $1.22 EPS. The company's revenue for the quarter was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, equities analysts forecast 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 declared a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care's dividend payout ratio is 44.44%.

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.

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