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 "Moderate Buy" from analysts, with three hold ratings and four buy ratings, suggesting a positive outlook for the stock.
• The company reported earnings per share of $0.92 in its most recent quarter, missing analysts' expectations by $0.09, while experiencing a 3.2% year-over-year decline in revenue.
• Edgewell announces a quarterly dividend of $0.15 per share, resulting in an annualized dividend of $0.60 and a dividend yield of 2.6%.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) has been given a consensus rating of "Hold" by the eight research firms that are covering the firm, Marketbeat.com reports. One investment 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 twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $29.2857.

A number of equities research analysts recently issued reports on the stock. Zacks Research downgraded shares of Edgewell Personal Care from a "hold" rating to a "strong sell" rating in a report on Tuesday. Canaccord Genuity Group lowered their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Royal Bank Of Canada lowered their target price on shares of Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a report on Thursday, May 8th. Barclays lowered their target price on shares of Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating for the company in a report on Wednesday, August 6th. Finally, Morgan Stanley upgraded shares of Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and decreased their price objective for the stock from $26.00 to $23.00 in a research note on Wednesday, August 6th.

Edgewell Personal Care Trading Up 0.1%

Shares of NYSE:EPC traded up $0.0210 during trading on Friday, reaching $23.3910. The stock had a trading volume of 502,036 shares, compared to its average volume of 968,251. The business has a fifty day moving average price of $24.34 and a 200-day moving average price of $27.70. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.88. The stock has a market cap of $1.09 billion, a P/E ratio of 17.33 and a beta of 0.81. Edgewell Personal Care has a fifty-two week low of $19.13 and a fifty-two week high of $40.71.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly earnings data 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 net margin of 2.94% and a return on equity of 8.06%. The firm had revenue of $627.20 million during the quarter, compared to analyst estimates of $658.51 million. During the same period in the prior year, the firm earned $1.22 EPS. The business's quarterly revenue was down 3.2% on a year-over-year basis. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, analysts anticipate that Edgewell Personal Care will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.6%. The ex-dividend date is Thursday, September 4th. Edgewell Personal Care's payout ratio is currently 44.44%.

Institutional Investors Weigh In On Edgewell Personal Care

Several institutional investors have recently bought and sold shares of EPC. LPL Financial LLC grew its stake in Edgewell Personal Care by 71.3% during the fourth quarter. LPL Financial LLC now owns 12,057 shares of the company's stock worth $405,000 after buying an additional 5,019 shares during the period. Wells Fargo & Company MN grew its stake in Edgewell Personal Care by 14.9% during the fourth quarter. Wells Fargo & Company MN now owns 52,057 shares of the company's stock worth $1,749,000 after buying an additional 6,768 shares during the period. Bank of Montreal Can grew its stake in Edgewell Personal Care by 6.2% during the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company's stock worth $366,000 after buying an additional 636 shares during the period. Invesco Ltd. boosted its stake in shares of Edgewell Personal Care by 18.1% in the fourth quarter. Invesco Ltd. now owns 430,128 shares of the company's stock valued at $14,452,000 after purchasing an additional 65,944 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Edgewell Personal Care in the fourth quarter valued at $7,473,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

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.