Brokerages Set Edgewell Personal Care Company (NYSE:EPC) PT at $33.00

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) has been given an average rating of "Hold" by the seven ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $33.00.

A number of brokerages recently commented on EPC. Wells Fargo & Company lowered their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. UBS Group upped their price target on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the stock a "neutral" rating in a research note on Thursday, April 17th. Canaccord Genuity Group reduced their price objective on 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. Barclays cut their price target on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday, May 8th. Finally, Royal Bank Of Canada lowered their price target on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a research note on Thursday, May 8th.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC raised its position in shares of Edgewell Personal Care by 85.9% in the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock valued at $25,000 after purchasing an additional 347 shares during the period. PNC Financial Services Group Inc. grew its stake in Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock valued at $30,000 after buying an additional 687 shares during the last quarter. Sterling Capital Management LLC raised its holdings in Edgewell Personal Care by 805.9% in the 4th quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock worth $51,000 after acquiring an additional 1,362 shares during the period. Blue Trust Inc. raised its holdings in Edgewell Personal Care by 35.3% in the 1st quarter. Blue Trust Inc. now owns 3,100 shares of the company's stock worth $97,000 after acquiring an additional 809 shares during the period. Finally, TD Private Client Wealth LLC lifted its position in Edgewell Personal Care by 24.1% during the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company's stock worth $110,000 after acquiring an additional 686 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors and hedge funds.

Edgewell Personal Care Trading Up 4.4%

Shares of NYSE:EPC traded up $1.04 during mid-day trading on Friday, hitting $24.45. The stock had a trading volume of 800,366 shares, compared to its average volume of 513,231. The company has a market cap of $1.15 billion, a PE ratio of 14.30 and a beta of 0.79. The company's 50 day moving average is $26.94 and its 200-day moving average is $29.92. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.93 and a current ratio of 1.89. Edgewell Personal Care has a 12-month low of $22.61 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data 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 business 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 company posted $0.88 earnings per share. The firm's revenue was down 3.1% on a year-over-year basis. On average, sell-side analysts predict that Edgewell Personal Care will post 3.16 EPS for the current year.

Edgewell Personal Care Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio is 35.09%.

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.