Weiss Ratings Reaffirms Sell (D+) Rating for Edgewell Personal Care (NYSE:EPC)

Key Points

• Weiss Ratings has reaffirmed a "sell (D+)" rating for Edgewell Personal Care, indicating ongoing concerns about the company's performance.
• The stock price target has been adjusted by several analysts, with Barclays lowering their target from $26 to $22, while Morgan Stanley reduced theirs from $26 to $23.
• Edgewell's latest quarterly earnings revealed a 3.2% decline in revenue year-over-year, reporting earnings per share of $0.92, which was below analysts' estimates of $1.01.

Edgewell Personal Care (NYSE:EPC - Get Free Report)'s stock had its "sell (d+)" rating restated by analysts at Weiss Ratings in a report issued on Friday,Weiss Ratings reports.

EPC has been the subject of several other reports. Barclays reduced their target price on Edgewell Personal Care from $26.00 to $22.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 6th. Canaccord Genuity Group reduced their target price on Edgewell Personal Care from $35.00 to $32.00 and set a "buy" rating for the company in a research note on Wednesday, August 6th. Morgan Stanley upgraded Edgewell Personal Care from an "underweight" rating to an "equal weight" rating and reduced their target price for the stock from $26.00 to $23.00 in a research note on Wednesday, August 6th. Zacks Research upgraded Edgewell Personal Care from a "strong sell" rating to a "hold" rating in a research note on Monday, October 6th. Finally, UBS Group reduced their target price on Edgewell Personal Care from $28.00 to $21.00 and set a "neutral" rating for the company in a research note on Wednesday, August 6th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $26.33.

Edgewell Personal Care Stock Down 0.7%

EPC stock opened at $19.68 on Friday. The company has a quick ratio of 0.91, a current ratio of 1.77 and a debt-to-equity ratio of 0.88. The business has a 50 day moving average price of $21.39 and a two-hundred day moving average price of $24.77. The company has a market cap of $914.18 million, a price-to-earnings ratio of 14.57 and a beta of 0.83. Edgewell Personal Care has a twelve month low of $19.13 and a twelve month high of $38.44.

Edgewell Personal Care (NYSE:EPC - Get Free Report) last posted its quarterly 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). The company had revenue of $627.20 million during the quarter, compared to the consensus estimate of $658.51 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The firm's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.22 earnings per share. Edgewell Personal Care has set its FY 2025 guidance at 2.650-2.650 EPS. Analysts anticipate that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Trading of Edgewell Personal Care

Several hedge funds have recently added to or reduced their stakes in EPC. PNC Financial Services Group Inc. lifted its holdings in Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company's stock worth $30,000 after purchasing an additional 687 shares during the last quarter. First Horizon Advisors Inc. raised its holdings 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 valued at $43,000 after acquiring an additional 1,215 shares in the last quarter. GAMMA Investing LLC raised its holdings in Edgewell Personal Care by 167.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,968 shares of the company's stock valued at $46,000 after acquiring an additional 1,231 shares in the last quarter. Hantz Financial Services Inc. acquired a new position in Edgewell Personal Care in the 2nd quarter valued at $69,000. Finally, EMC Capital Management acquired a new position in Edgewell Personal Care in the 2nd quarter valued at $94,000. 91.91% of the stock is owned by institutional investors and hedge funds.

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.

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