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

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) has been assigned a consensus rating of "Hold" from the seven research firms that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $33.00.

Several research firms have issued reports on EPC. 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. Royal Bank Of Canada dropped their price objective on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a report on Thursday, May 8th. UBS Group boosted their price objective on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Barclays dropped their price objective 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. Finally, Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th.

Edgewell Personal Care Price Performance

NYSE EPC opened at $23.26 on Friday. The firm's fifty day simple moving average is $27.20 and its two-hundred day simple moving average is $30.12. 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 12-month low of $22.61 and a 12-month high of $41.50. The firm has a market capitalization of $1.09 billion, a P/E ratio of 13.60 and a beta of 0.84.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $580.70 million during the quarter, compared to analysts' expectations of $591.01 million. During the same period in the prior year, the firm posted $0.88 earnings per share. Edgewell Personal Care's revenue for the quarter was down 3.1% compared to the same quarter last year. Analysts forecast that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 6th will be given a dividend of $0.15 per share. The ex-dividend date is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.58%. Edgewell Personal Care's dividend payout ratio is presently 35.09%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. Millennium Management LLC lifted its position in Edgewell Personal Care by 106.4% during the first quarter. Millennium Management LLC now owns 915,281 shares of the company's stock valued at $28,566,000 after purchasing an additional 471,774 shares during the period. Brandes Investment Partners LP lifted its position in Edgewell Personal Care by 21.1% during the fourth quarter. Brandes Investment Partners LP now owns 2,041,665 shares of the company's stock valued at $68,600,000 after purchasing an additional 355,224 shares during the period. Vanguard Group Inc. lifted its position in Edgewell Personal Care by 4.6% during the first quarter. Vanguard Group Inc. now owns 6,066,471 shares of the company's stock valued at $189,335,000 after purchasing an additional 266,611 shares during the period. William Blair Investment Management LLC lifted its position in Edgewell Personal Care by 40.5% during the fourth quarter. William Blair Investment Management LLC now owns 878,390 shares of the company's stock valued at $29,514,000 after purchasing an additional 253,014 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in Edgewell Personal Care during the fourth quarter valued at $7,473,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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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