Edgewell Personal Care (NYSE:EPC) Hits New 12-Month Low - Should You Sell?

Edgewell Personal Care Co (NYSE:EPC - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $24.07 and last traded at $24.12, with a volume of 130772 shares. The stock had previously closed at $24.84.

Wall Street Analysts Forecast Growth

EPC has been the subject of a number of recent analyst reports. Royal Bank of Canada cut their price objective 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. UBS Group lifted their price objective on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Barclays cut their price objective on shares of Edgewell Personal Care from $28.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, May 8th. Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. Finally, Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a report on Thursday, May 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company's stock. According to MarketBeat, Edgewell Personal Care presently has an average rating of "Hold" and a consensus price target of $33.00.

Edgewell Personal Care Price Performance

The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06. The company has a market cap of $1.09 billion, a PE ratio of 12.64 and a beta of 0.84. The company's 50-day simple moving average is $28.42 and its 200 day simple moving average is $31.03.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly 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 business had revenue of $580.70 million during the quarter, compared to analysts' expectations of $591.01 million. Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The business's quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.88 EPS. On average, sell-side analysts predict that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Dividend Announcement

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 $0.15 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.60 dividend on an annualized basis and a yield of 2.59%. Edgewell Personal Care's dividend payout ratio (DPR) is presently 35.09%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently bought and sold shares of EPC. Allspring Global Investments Holdings LLC lifted its position in Edgewell Personal Care by 12.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 750,369 shares of the company's stock valued at $25,122,000 after acquiring an additional 85,467 shares during the last quarter. Principal Financial Group Inc. increased its stake in Edgewell Personal Care by 2.5% in the fourth quarter. Principal Financial Group Inc. now owns 257,630 shares of the company's stock valued at $8,656,000 after purchasing an additional 6,208 shares during the period. Sanctuary Advisors LLC increased its stake in Edgewell Personal Care by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company's stock valued at $695,000 after purchasing an additional 529 shares during the period. Wolverine Asset Management LLC increased its stake in shares of Edgewell Personal Care by 217.4% during the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after acquiring an additional 800 shares during the period. Finally, Bailard Inc. acquired a new position in shares of Edgewell Personal Care during the fourth quarter worth about $437,000. 91.91% of the stock is 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.