Edgewell Personal Care (NYSE:EPC) Share Price Crosses Above Fifty Day Moving Average - Here's Why

Key Points

• Edgewell Personal Care shares crossed above their 50-day moving average, reaching $28.57 and last trading near $28.52, compared with a 50-day average of $27.78.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $31.50; individual targets range from $29 to $34.
• The company reported quarterly EPS of $0.72, beating estimates of $0.64, but revenue fell 9.1% year over year to $570.1 million. Edgewell also maintains a $0.60 annualized dividend, yielding approximately 2.1%.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $27.78 and traded as high as $28.57. Edgewell Personal Care shares last traded at $28.5210, with a volume of 387,757 shares traded.

Analysts Set New Price Targets

Several equities analysts recently issued reports on EPC shares. Wells Fargo & Company lowered their price objective on Edgewell Personal Care from $32.00 to $30.00 and set an "overweight" rating on the stock in a research report on Monday, October 5th. UBS Group reissued a "neutral" rating and issued a $30.00 target price on shares of Edgewell Personal Care in a report on Thursday, October 15th. Canaccord Genuity Group boosted their price target on Edgewell Personal Care from $32.00 to $34.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a report on Thursday, August 6th. Finally, Barclays increased their price objective on Edgewell Personal Care from $28.00 to $29.00 and gave the company an "equal weight" rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $31.50.

Edgewell Personal Care Price Performance

The company has a quick ratio of 1.12, a current ratio of 1.84 and a debt-to-equity ratio of 0.85. The firm's fifty day moving average price is $27.78 and its two-hundred day moving average price is $23.83. The stock has a market capitalization of $1.31 billion, a PE ratio of -14.26 and a beta of 0.34.

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

Edgewell Personal Care Dividend Announcement

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

Hedge Funds Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased its holdings in Edgewell Personal Care by 679.9% during the first quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company's stock valued at $27,000 after buying an additional 1,115 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of Edgewell Personal Care during the 2nd quarter worth $27,000. Integrated Wealth Concepts LLC purchased a new position in shares of Edgewell Personal Care during the 2nd quarter worth $27,000. Signaturefd LLC increased its stake in shares of Edgewell Personal Care by 60.0% in the 3rd quarter. Signaturefd LLC now owns 1,326 shares of the company's stock worth $36,000 after purchasing an additional 497 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter worth $89,000. 91.91% of the stock is currently owned by hedge funds and other institutional investors.

About Edgewell Personal Care

Edgewell Personal Care Company NYSE: EPC is a global consumer products company focused on personal care products. Its portfolio includes shaving, sun care, skin care and feminine care products sold under brands such as Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog, Jack Black and Playtex.

The company's shaving business offers razors, blades, shaving creams and gels for men and women. Its sun and skin care operations provide sunscreen, after-sun products and related personal care items, while its feminine care portfolio includes tampons and other menstrual care products.

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