Edgewell Personal Care (NYSE:EPC) Sets New 1-Year Low - Here's Why

Edgewell Personal Care Company (NYSE:EPC - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $22.63 and last traded at $22.95, with a volume of 1115151 shares traded. The stock had previously closed at $22.79.

Analysts Set New Price Targets

A number of equities analysts have issued reports on EPC shares. Canaccord Genuity Group decreased their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, May 8th. Royal Bank Of Canada decreased their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating for the company in a report on Thursday, May 8th. Wells Fargo & Company decreased their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. UBS Group increased 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. Finally, Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a research note on Saturday, May 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $33.00.

Edgewell Personal Care Price Performance

The company has a quick ratio of 0.93, a current ratio of 1.89 and a debt-to-equity ratio of 0.95. The firm has a fifty day moving average price of $27.81 and a two-hundred day moving average price of $30.53. The stock has a market capitalization of $1.09 billion, a P/E ratio of 13.56 and a beta of 0.84.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing analysts' consensus estimates of $0.90 by ($0.03). The firm had revenue of $580.70 million for the quarter, compared to the consensus estimate of $591.01 million. Edgewell Personal Care had a net margin of 3.81% and a return on equity of 9.20%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.88 earnings per share. On average, analysts expect that Edgewell Personal Care Company will post 3.16 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 9th. Investors of record on Friday, June 6th will be issued a $0.15 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.60 annualized dividend and a yield of 2.59%. Edgewell Personal Care's payout ratio is 35.09%.

Institutional Investors Weigh In On Edgewell Personal Care

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in shares of Edgewell Personal Care by 4,732.4% in the first quarter. GAMMA Investing LLC now owns 23,002 shares of the company's stock worth $737,000 after acquiring an additional 22,526 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Edgewell Personal Care by 2.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,633 shares of the company's stock worth $928,000 after acquiring an additional 702 shares during the period. Amundi grew its position in Edgewell Personal Care by 188.6% in the 4th quarter. Amundi now owns 25,051 shares of the company's stock worth $807,000 after purchasing an additional 16,370 shares during the period. LPL Financial LLC grew its position in Edgewell Personal Care by 71.3% in the 4th quarter. LPL Financial LLC now owns 12,057 shares of the company's stock worth $405,000 after purchasing an additional 5,019 shares during the period. Finally, Vanguard Group Inc. grew its position in Edgewell Personal Care by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company's stock worth $194,875,000 after purchasing an additional 24,850 shares during the period. 91.91% of the stock is currently owned by 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.