Canaccord Genuity Group Increases Edgewell Personal Care (NYSE:EPC) Price Target to $53.00

Edgewell Personal Care (NYSE:EPC - Get Free Report) had its target price increased by stock analysts at Canaccord Genuity Group from $52.00 to $53.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Canaccord Genuity Group's price objective suggests a potential upside of 35.00% from the company's previous close.

Several other equities research analysts have also issued reports on EPC. Wells Fargo & Company raised their target price on shares of Edgewell Personal Care from $40.00 to $43.00 and gave the stock an "overweight" rating in a report on Thursday, February 8th. Barclays lowered their target price on shares of Edgewell Personal Care from $39.00 to $37.00 and set an "equal weight" rating for the company in a report on Friday, April 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $41.50.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC traded up $0.43 on Thursday, reaching $39.26. The company's stock had a trading volume of 582,804 shares, compared to its average volume of 370,313. Edgewell Personal Care has a 52-week low of $33.71 and a 52-week high of $46.13. The company has a market cap of $1.96 billion, a P/E ratio of 19.25 and a beta of 0.95. The company has a 50-day simple moving average of $37.38 and a 200 day simple moving average of $36.78. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.03 and a current ratio of 2.15.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.88 EPS for the quarter, topping analysts' consensus estimates of $0.74 by $0.14. The business had revenue of $599.40 million during the quarter, compared to analysts' expectations of $606.74 million. Edgewell Personal Care had a net margin of 4.66% and a return on equity of 8.38%. The business's revenue was up .2% on a year-over-year basis. During the same period last year, the company posted $0.56 EPS. As a group, equities research analysts anticipate that Edgewell Personal Care will post 2.8 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPC. Quadrant Capital Group LLC raised its holdings in shares of Edgewell Personal Care by 82.2% in the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company's stock valued at $26,000 after purchasing an additional 315 shares in the last quarter. Northwest Investment Counselors LLC bought a new stake in shares of Edgewell Personal Care in the 1st quarter valued at about $35,000. TFO Wealth Partners LLC raised its holdings in shares of Edgewell Personal Care by 32,900.0% in the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company's stock valued at $36,000 after purchasing an additional 987 shares in the last quarter. EMC Capital Management raised its holdings in shares of Edgewell Personal Care by 38.7% in the 3rd quarter. EMC Capital Management now owns 4,220 shares of the company's stock valued at $156,000 after purchasing an additional 1,178 shares in the last quarter. Finally, Daiwa Securities Group Inc. bought a new stake in shares of Edgewell Personal Care in the 1st quarter valued at about $234,000. Institutional investors own 91.91% of the company's stock.

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.