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

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 been assigned a consensus recommendation of "Hold" from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $29.2857.

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

Edgewell Personal Care Stock Up 0.4%

NYSE:EPC traded up $0.09 on Thursday, hitting $21.26. The stock had a trading volume of 855,577 shares, compared to its average volume of 614,085. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.88. Edgewell Personal Care has a 52 week low of $19.13 and a 52 week high of $38.44. The business's fifty day moving average is $24.04 and its 200 day moving average is $26.73. The company has a market cap of $987.74 million, a PE ratio of 15.75 and a beta of 0.85.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its 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 firm had revenue of $627.20 million for the quarter, compared to analyst estimates of $658.51 million. During the same period in the previous year, the company earned $1.22 earnings per share. Edgewell Personal Care'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. On average, equities 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 declared a quarterly dividend, which will be paid on Wednesday, October 8th. Investors of record on Thursday, September 4th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, September 4th. Edgewell Personal Care's payout ratio is 44.44%.

Institutional Trading of Edgewell Personal Care

A number of large investors have recently bought and sold shares of EPC. GAMMA Investing LLC lifted its position in shares of Edgewell Personal Care by 4,732.4% during the 1st quarter. GAMMA Investing LLC now owns 23,002 shares of the company's stock valued at $737,000 after buying an additional 22,526 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Edgewell Personal Care by 3.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company's stock valued at $561,000 after acquiring an additional 517 shares during the period. Blue Trust Inc. lifted its holdings in Edgewell Personal Care by 35.3% during the first quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock valued at $97,000 after purchasing an additional 809 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Edgewell Personal Care by 2.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company's stock valued at $928,000 after purchasing an additional 702 shares during the last quarter. Finally, Invesco Ltd. boosted its position in Edgewell Personal Care by 1.3% during the first quarter. Invesco Ltd. now owns 435,529 shares of the company's stock worth $13,593,000 after purchasing an additional 5,401 shares during the period. 91.91% of the stock is owned by hedge funds and other institutional investors.

About Edgewell Personal Care

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.