Edgewell Personal Care (NYSE:EPC) Share Price Breaks Below Fifty Day Moving Average - Here's What Happened

Key Points

• Edgewell Personal Care shares briefly fell below their 50-day moving average of $27.88, trading as low as $27.54 before last changing hands at $28.30.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $31.83; Wells Fargo cut its target to $30, while RBC raised its target to $35.
• The company exceeded quarterly EPS expectations ($0.72 versus $0.64) but reported a 9.1% year-over-year revenue decline. Edgewell also maintains a quarterly dividend of $0.15 per share, equal to a 2.1% annualized yield.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $27.88 and traded as low as $27.54. Edgewell Personal Care shares last traded at $28.3040, with a volume of 522,124 shares traded.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company lowered their target price on shares of Edgewell Personal Care from $32.00 to $30.00 and set an "overweight" rating on the stock in a report on Monday, October 5th. Barclays boosted their price objective on Edgewell Personal Care from $28.00 to $29.00 and gave the stock an "equal weight" rating in a report on Friday, August 7th. Morgan Stanley set a $31.00 price objective on Edgewell Personal Care in a research note on Thursday, August 6th. Royal Bank Of Canada increased their price objective on Edgewell Personal Care from $26.00 to $35.00 and gave the stock an "outperform" rating in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded Edgewell Personal Care from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, August 25th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $31.83.

Edgewell Personal Care Stock Up 1.8%

The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $1.30 billion, a PE ratio of -14.15 and a beta of 0.34. The stock's fifty day simple moving average is $27.88 and its 200-day simple moving average is $24.64.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.08. The firm had revenue of $570.10 million during the quarter, compared to analyst estimates of $574.87 million. Edgewell Personal Care had a negative net margin of 4.55% and a positive return on equity of 5.76%. The business's revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.04 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. As a group, sell-side analysts forecast that Edgewell Personal Care Company will post 1.94 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 9th were issued a dividend of $0.15 per share. The ex-dividend date was Wednesday, September 9th. This represents a $0.60 annualized dividend and a yield of 2.1%. Edgewell Personal Care's payout ratio is -30.00%.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new position in shares of Edgewell Personal Care during the 2nd quarter worth approximately $197,543,000. Rubric Capital Management LP boosted its stake in shares of Edgewell Personal Care by 297.2% in the 1st quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company's stock worth $85,360,000 after buying an additional 2,992,929 shares during the last quarter. William Blair Investment Management LLC bought a new position in shares of Edgewell Personal Care in the second quarter valued at approximately $14,542,000. Invenomic Capital Management LP grew its holdings in shares of Edgewell Personal Care by 16.0% in the fourth quarter. Invenomic Capital Management LP now owns 516,678 shares of the company's stock valued at $8,809,000 after acquiring an additional 71,246 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in shares of Edgewell Personal Care in the second quarter valued at approximately $7,948,000. Hedge funds and other institutional investors own 91.91% of the company's stock.

Edgewell Personal Care Company Profile

Edgewell Personal Care Co NYSE: EPC is a global consumer products company focused on personal care. Its portfolio includes shaving, sun and skin care, and feminine care products sold under a range of established brands.

The company's shaving brands include Schick, Wilkinson Sword, Edge, and Skintimate. Its sun and skin care portfolio includes Banana Boat, Hawaiian Tropic, Bulldog, and Jack Black, while its feminine care products include Playtex, Stayfree, and Carefree. Edgewell sells products through mass retailers, supermarkets, drugstores, specialty retailers, e-commerce channels, and other distribution networks.

Edgewell was established in 2015 when Energizer Holdings separated its personal care business into an independent publicly traded company.

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