Edgewell Personal Care Company (NYSE:EPC) Short Interest Update

Edgewell Personal Care Company (NYSE:EPC - Get Free Report) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totaling 2,660,000 shares, a decline of 23.6% from the July 31st total of 3,480,000 shares. Approximately 5.8% of the company's shares are short sold. Based on an average daily volume of 818,700 shares, the short-interest ratio is presently 3.2 days. Based on an average daily volume of 818,700 shares, the short-interest ratio is presently 3.2 days. Approximately 5.8% of the company's shares are short sold.

Hedge Funds Weigh In On Edgewell Personal Care

Institutional investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. raised its stake in shares of Edgewell Personal Care by 238.5% in the first quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock valued at $30,000 after acquiring an additional 687 shares during the period. First Horizon Advisors Inc. increased its stake in Edgewell Personal Care by 195.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,837 shares of the company's stock worth $43,000 after buying an additional 1,215 shares during the period. GAMMA Investing LLC increased its stake in Edgewell Personal Care by 167.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company's stock worth $46,000 after buying an additional 1,231 shares during the period. Hantz Financial Services Inc. purchased a new position in Edgewell Personal Care in the 2nd quarter worth about $69,000. Finally, EMC Capital Management purchased a new position in Edgewell Personal Care in the 2nd quarter worth about $94,000. Institutional investors own 91.91% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on EPC shares. Barclays dropped their price objective on shares of Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Zacks Research cut shares of Edgewell Personal Care from a "hold" rating to a "strong sell" rating in a report on Tuesday, August 19th. Wall Street Zen raised shares of Edgewell Personal Care from a "sell" rating to a "hold" rating in a report on Saturday, May 17th. Canaccord Genuity Group decreased their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Finally, UBS Group decreased their price objective on shares of Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating for the company in a report on Wednesday, August 6th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $29.29.

Edgewell Personal Care Price Performance

Shares of NYSE:EPC traded down $0.31 during midday trading on Friday, reaching $21.71. 990,370 shares of the company were exchanged, compared to its average volume of 585,347. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. The business's fifty day moving average is $24.18 and its two-hundred day moving average is $26.87. Edgewell Personal Care has a one year low of $19.13 and a one year high of $38.44. The stock has a market cap of $1.01 billion, a PE ratio of 16.08 and a beta of 0.85.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.92 earnings per share for the quarter, missing analysts' consensus estimates of $1.01 by ($0.09). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The company had revenue of $627.20 million for the quarter, compared to the consensus estimate of $658.51 million. During the same quarter in the prior year, the company posted $1.22 EPS. Edgewell Personal Care's revenue was down 3.2% compared to the same quarter last year. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. As a group, analysts predict that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 8th. Shareholders of record on Thursday, September 4th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, September 4th. This represents a $0.60 annualized dividend and a yield of 2.8%. Edgewell Personal Care's dividend payout ratio (DPR) is 44.44%.

Edgewell Personal Care Company Profile

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.