StockNews.com Upgrades Edgewell Personal Care (NYSE:EPC) to Hold

Edgewell Personal Care (NYSE:EPC - Get Free Report) was upgraded by StockNews.com from a "sell" rating to a "hold" rating in a report released on Friday.

Several other equities research analysts also recently issued reports on the stock. Royal Bank of Canada decreased their price objective on shares of Edgewell Personal Care from $48.00 to $43.00 and set an "outperform" rating for the company in a research note on Tuesday, February 11th. Wells Fargo & Company decreased their price target on shares of Edgewell Personal Care from $37.00 to $35.00 and set an "overweight" rating for the company in a research report on Tuesday, February 11th. UBS Group raised their target price on Edgewell Personal Care from $31.00 to $32.00 and gave the company a "neutral" rating in a report on Thursday, April 17th. Morgan Stanley reduced their price target on Edgewell Personal Care from $35.00 to $32.00 and set an "underweight" rating on the stock in a research report on Tuesday, February 11th. Finally, Canaccord Genuity Group lowered their price objective on shares of Edgewell Personal Care from $53.00 to $40.00 and set a "buy" rating for the company in a research report on Tuesday, February 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat, Edgewell Personal Care presently has a consensus rating of "Hold" and an average target price of $35.71.

Edgewell Personal Care Trading Down 1.0 %

Shares of EPC traded down $0.31 during mid-day trading on Friday, hitting $30.55. The company had a trading volume of 419,085 shares, compared to its average volume of 458,331. Edgewell Personal Care has a 1-year low of $26.65 and a 1-year high of $41.50. The company has a quick ratio of 0.97, a current ratio of 2.06 and a debt-to-equity ratio of 0.96. The business's 50-day simple moving average is $30.34 and its 200-day simple moving average is $32.80. The stock has a market cap of $1.47 billion, a PE ratio of 16.69 and a beta of 0.94.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. Sell-side analysts forecast that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors have recently modified their holdings of the stock. Quadrant Capital Group LLC grew its stake in Edgewell Personal Care by 85.9% in the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company's stock worth $25,000 after purchasing an additional 347 shares in the last quarter. R Squared Ltd bought a new position in Edgewell Personal Care during the fourth quarter worth $36,000. Wolverine Asset Management LLC boosted its holdings in Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company's stock worth $39,000 after purchasing an additional 800 shares during the period. Sterling Capital Management LLC increased its stake in Edgewell Personal Care by 805.9% during the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company's stock valued at $51,000 after purchasing an additional 1,362 shares during the last quarter. Finally, KBC Group NV increased its stake in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company's stock valued at $77,000 after purchasing an additional 823 shares during the last quarter. 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.