Edgewell Personal Care (NYSE:EPC) Reaches New 12-Month Low - Here's Why

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) hit a new 52-week low on Thursday . The company 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.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EPC. Wall Street Zen raised Edgewell Personal Care from a "sell" rating to a "hold" rating in a research report on Saturday, May 17th. Canaccord Genuity Group lowered their price target on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Thursday, May 8th. Barclays lowered their price target on Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 8th. Wells Fargo & Company decreased their target price on 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. Finally, Royal Bank Of Canada decreased their target price on Edgewell Personal Care from $43.00 to $35.00 and set an "outperform" rating on the stock in a research report on Thursday, May 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Edgewell Personal Care currently has a consensus rating of "Hold" and an average price target of $33.00.

Edgewell Personal Care Stock Up 0.7%

The firm has a 50-day moving average price of $28.07 and a 200 day moving average price of $30.78. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.89 and a quick ratio of 0.93. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 13.42 and a beta of 0.84.

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

Edgewell Personal Care Announces Dividend

The business also recently declared 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. This represents a $0.60 dividend on an annualized basis and a yield of 2.61%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio is currently 35.09%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of large investors have recently added to or reduced their stakes in EPC. Millennium Management LLC grew 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 worth $28,566,000 after buying an additional 471,774 shares in the last quarter. Brandes Investment Partners LP grew 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 worth $68,600,000 after buying an additional 355,224 shares in the last quarter. Vanguard Group Inc. grew 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 worth $189,335,000 after buying an additional 266,611 shares in the last quarter. William Blair Investment Management LLC lifted its stake 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 worth $29,514,000 after purchasing an additional 253,014 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in Edgewell Personal Care during the fourth quarter worth $7,473,000. Institutional investors and hedge funds own 91.91% of the company's stock.

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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