Edgewell Personal Care (NYSE:EPC) Shares Gap Down - Here's What Happened

Key Points

• Edgewell Personal Care shares gapped down, opening at $27.45 versus the prior close of $28.87 and later trading near $27.33.
• Analyst sentiment remains mixed, with three Buy, four Hold, and one Sell rating; the consensus rating is Hold with a $31.83 price target.
• The company exceeded quarterly EPS expectations ($0.72 versus $0.64) despite a 9.1% year-over-year revenue decline, and declared a $0.15 quarterly dividend, yielding approximately 2.2% annually.

Edgewell Personal Care Company (NYSE:EPC - Get Free Report)'s share price gapped down before the market opened on Wednesday . The stock had previously closed at $28.87, but opened at $27.45. Edgewell Personal Care shares last traded at $27.3250, with a volume of 25,726 shares traded.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Weiss Ratings upgraded Edgewell Personal Care from a "sell (d)" rating to a "sell (d+)" rating in a report on Tuesday, August 25th. Royal Bank Of Canada lifted their target price on Edgewell Personal Care from $26.00 to $35.00 and gave the company an "outperform" rating in a research report on Thursday, August 6th. Morgan Stanley set a $31.00 target price on Edgewell Personal Care in a research note on Thursday, August 6th. Barclays boosted their target price on 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. Finally, Wells Fargo & Company raised their price target on shares of Edgewell Personal Care from $24.00 to $30.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $31.83.

Edgewell Personal Care Stock Performance

The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84. The stock's fifty day moving average price is $28.00 and its 200-day moving average price is $23.59. The company has a market capitalization of $1.24 billion, a P/E ratio of -13.44 and a beta of 0.39.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, topping the consensus estimate of $0.64 by $0.08. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.The company had revenue of $570.10 million during the quarter, compared to the consensus estimate of $574.87 million. During the same period in the previous year, the company posted $1.04 EPS. 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. As a group, research analysts anticipate 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 will be paid on Thursday, October 8th. Investors of record on Wednesday, September 9th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Wednesday, September 9th. Edgewell Personal Care's dividend payout ratio (DPR) is presently -30.00%.

Institutional Trading of Edgewell Personal Care

A number of institutional investors have recently bought and sold shares of the business. Legal & General Group Plc bought a new stake in shares of Edgewell Personal Care in the second quarter valued at approximately $2,786,000. BlackRock Inc. bought a new position in Edgewell Personal Care in the second quarter valued at about $197,543,000. Commerce Bank bought a new stake in shares of Edgewell Personal Care during the 2nd quarter valued at approximately $3,678,000. WINTON GROUP Ltd bought a new position in Edgewell Personal Care in the 4th quarter valued at approximately $2,054,000. Finally, Bank of America Corp DE boosted its position 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 valued at $5,556,000 after buying an additional 166,204 shares in the last quarter. Institutional investors own 91.91% of the company's stock.

About Edgewell Personal Care

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings' personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell's portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men's and women's grooming categories.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.