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

Key Points

• Analysts have assigned Edgewell Personal Care Company a consensus rating of "Hold," with two sell ratings, three holds, and four buy ratings among the nine firms covering the stock.
• In its latest earnings report, Edgewell Personal Care reported an EPS of $0.92, missing estimates by $0.09, and a revenue of $627.20 million, below the expected $658.51 million.
• The company has declared a quarterly dividend of $0.15, with an annualized dividend yield of 2.9%, set to be paid on October 8th to stockholders of record by September 4th.

Shares of Edgewell Personal Care Company (NYSE:EPC - Get Free Report) have been given a consensus recommendation of "Hold" by the nine ratings firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $28.2857.

Several equities analysts have recently weighed in on EPC shares. UBS Group reduced their price objective 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 raised 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. Wells Fargo & Company decreased their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "overweight" rating for the company in a research note on Thursday, September 25th. Canaccord Genuity Group cut their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating on the stock in a research note on Wednesday, August 6th. Finally, Zacks Research cut shares of Edgewell Personal Care from a "hold" rating to a "strong sell" rating in a research report on Tuesday, August 19th.

Hedge Funds Weigh In On Edgewell Personal Care

Several hedge funds and other institutional investors have recently bought and sold shares of EPC. Janney Montgomery Scott LLC grew its position in Edgewell Personal Care by 3.0% in the first 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Edgewell Personal Care by 4.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,074 shares of the company's stock valued at $283,000 after purchasing an additional 532 shares during the period. TD Private Client Wealth LLC grew its holdings 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 valued at $110,000 after purchasing an additional 686 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock worth $30,000 after buying an additional 687 shares during the period. Finally, Central Pacific Bank Trust Division increased its stake in Edgewell Personal Care by 3.9% during the 3rd quarter. Central Pacific Bank Trust Division now owns 19,800 shares of the company's stock worth $403,000 after buying an additional 750 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Stock Down 0.7%

Shares of EPC opened at $20.47 on Monday. Edgewell Personal Care has a fifty-two week low of $19.13 and a fifty-two week high of $38.44. The company's fifty day moving average is $22.46 and its two-hundred day moving average is $25.74. The firm has a market cap of $950.80 million, a PE ratio of 15.16 and a beta of 0.83. 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 (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 the consensus estimate 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 during the quarter, compared to analysts' expectations of $658.51 million. During the same period last year, the business posted $1.22 earnings per share. The company's quarterly revenue 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. Analysts forecast that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Thursday, September 4th will be given a $0.15 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.60 annualized dividend and a dividend yield of 2.9%. Edgewell Personal Care's dividend payout ratio is presently 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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