Edgewell Personal Care (NYSE:EPC) Share Price Crosses Below 50-Day Moving Average - Here's What Happened

Key Points

• Edgewell shares fell below their 50-day moving average, trading as low as $26.47 versus the $27.99 average, with the latest reported price near $26.78.
• Analysts have raised several price targets, but the overall consensus remains “Hold” with an average target of $31.83. Ratings include three Buys, four Holds, and one Sell.
• The company exceeded quarterly EPS expectations ($0.72 versus $0.64) despite a 9.1% year-over-year revenue decline, and announced a quarterly dividend of $0.15 per share, yielding about 2.2% annually.

Shares of Edgewell Personal Care Company (NYSE:EPC - Get Free Report) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $27.99 and traded as low as $26.47. Edgewell Personal Care shares last traded at $26.7790, with a volume of 541,441 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently commented on EPC shares. Wells Fargo & Company increased their price objective on Edgewell Personal Care from $24.00 to $30.00 and gave the company an "overweight" rating in a research report on Wednesday, July 8th. Canaccord Genuity Group boosted their target price on Edgewell Personal Care from $32.00 to $34.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. Barclays upped their target price on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the company an "equal weight" rating in a research note on Friday, August 7th. Royal Bank Of Canada raised their price target on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Finally, UBS Group lifted their price target on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the stock a "neutral" rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Edgewell Personal Care presently has an average rating of "Hold" and a consensus price target of $31.83.

Edgewell Personal Care Stock Performance

The company has a market cap of $1.23 billion, a PE ratio of -13.39 and a beta of 0.39. 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 business's 50 day moving average is $27.99 and its two-hundred day moving average is $23.77.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.08. The business 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 company's revenue was down 9.1% on a year-over-year basis. During the same period last year, the firm posted $1.04 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. On average, equities research analysts anticipate that Edgewell Personal Care Company will post 1.94 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 8th. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Wednesday, September 9th. Edgewell Personal Care's dividend payout ratio is currently -30.00%.

Institutional Trading of Edgewell Personal Care

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Legal & General Group Plc bought a new position in shares of Edgewell Personal Care in the 2nd quarter worth $2,786,000. BlackRock Inc. bought a new stake in Edgewell Personal Care during the second quarter valued at about $197,543,000. Commerce Bank bought a new stake in Edgewell Personal Care during the second quarter valued at about $3,678,000. WINTON GROUP Ltd purchased a new position in Edgewell Personal Care in the fourth quarter valued at about $2,054,000. Finally, Bank of America Corp DE raised its holdings in Edgewell Personal Care by 176.5% in the first quarter. Bank of America Corp DE now owns 260,344 shares of the company's stock worth $5,556,000 after purchasing an additional 166,204 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company's stock.

About Edgewell Personal Care

Edgewell Personal Care plc NYSE: EPC is a global consumer products company focused on personal care products. Its portfolio is organized primarily around wet shave, feminine care, and sun and skin care categories, serving consumers through retail stores and e-commerce channels.

The company's brands include Schick, Wilkinson Sword, Edge, Skintimate, and Billie in shaving; Playtex, Stayfree, Carefree, and o.b. in feminine care; and Banana Boat and Hawaiian Tropic in sun care. Edgewell also markets other personal care products, including Cremo grooming products and infant care items under selected brands.

Edgewell sells its products across North America, Europe, Latin America, and other international markets.

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