Edgewell Personal Care (NYSE:EPC) Trading Down 5.2% - Should You Sell?

Edgewell Personal Care Co (NYSE:EPC - Get Free Report)'s stock price fell 5.2% during trading on Monday . The stock traded as low as $26.30 and last traded at $26.18. 324,407 shares were traded during mid-day trading, a decline of 32% from the average session volume of 479,758 shares. The stock had previously closed at $27.62.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on EPC shares. 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. Wall Street Zen upgraded Edgewell Personal Care from a "sell" rating to a "hold" rating in a research note on Saturday, May 17th. Barclays reduced 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 note on Thursday, May 8th. Canaccord Genuity Group lowered their price objective on Edgewell Personal Care from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Thursday, May 8th. Finally, Wells Fargo & Company reduced their target price on shares of 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. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $33.00.

Edgewell Personal Care Price Performance

The firm's fifty day simple moving average is $29.01 and its 200-day simple moving average is $31.54. The firm has a market capitalization of $1.27 billion, a PE ratio of 14.75 and a beta of 0.91. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96.

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 analysts' consensus estimates of $0.90 by ($0.03). The business had revenue of $580.70 million during the quarter, compared to the consensus estimate of $591.01 million. Edgewell Personal Care had a return on equity of 9.29% and a net margin of 4.09%. The firm's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.88 EPS. On average, research analysts forecast that Edgewell Personal Care Co will post 3.16 earnings per share for the current fiscal year.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 9th. Shareholders of record on Friday, June 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.22%. The ex-dividend date of this dividend is Friday, June 6th. Edgewell Personal Care's dividend payout ratio (DPR) is presently 35.09%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds have recently added to or reduced their stakes in EPC. Jane Street Group LLC grew its holdings in shares of Edgewell Personal Care by 80.6% in the first quarter. Jane Street Group LLC now owns 81,179 shares of the company's stock worth $2,534,000 after acquiring an additional 36,239 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Edgewell Personal Care by 16.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company's stock worth $3,656,000 after purchasing an additional 16,285 shares during the last quarter. Woodline Partners LP bought a new stake in shares of Edgewell Personal Care during the 1st quarter valued at about $2,655,000. Empowered Funds LLC increased its position in shares of Edgewell Personal Care by 2.1% during the 1st quarter. Empowered Funds LLC now owns 212,808 shares of the company's stock valued at $6,642,000 after purchasing an additional 4,294 shares during the last quarter. Finally, Aristeia Capital L.L.C. bought a new position in shares of Edgewell Personal Care in the 1st quarter worth approximately $257,000. 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.