Edgewell Personal Care Co (NYSE:EPC – Get Rating) has received an average recommendation of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $44.00.
EPC has been the topic of several analyst reports. Canaccord Genuity Group increased their price objective on shares of Edgewell Personal Care from $48.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, February 9th. Morgan Stanley cut their price target on shares of Edgewell Personal Care from $36.00 to $35.00 and set an “underweight” rating for the company in a research note on Friday, November 11th. Canaccord Genuity Group began coverage on shares of Edgewell Personal Care in a research note on Wednesday, November 16th. They set a “buy” rating for the company. Wells Fargo & Company lifted their price objective on shares of Edgewell Personal Care to $44.00 in a research note on Wednesday, November 16th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $53.00 target price on shares of Edgewell Personal Care in a report on Thursday, February 9th.
Edgewell Personal Care Price Performance
Shares of Edgewell Personal Care stock opened at $42.79 on Tuesday. The company has a current ratio of 2.01, a quick ratio of 0.93 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 22.88 and a beta of 0.98. Edgewell Personal Care has a 1-year low of $32.00 and a 1-year high of $45.31. The firm’s 50-day moving average price is $41.47 and its two-hundred day moving average price is $40.33.
Edgewell Personal Care (NYSE:EPC – Get Rating) last issued its quarterly earnings data on Wednesday, February 8th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.10. Edgewell Personal Care had a net margin of 4.56% and a return on equity of 8.78%. The firm had revenue of $469.10 million for the quarter, compared to analysts’ expectations of $467.90 million. During the same period in the prior year, the firm earned $0.42 earnings per share. The company’s quarterly revenue was up 1.3% compared to the same quarter last year. On average, equities analysts predict that Edgewell Personal Care will post 2.41 earnings per share for the current fiscal year.
Edgewell Personal Care Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.40%. The ex-dividend date is Tuesday, March 7th. Edgewell Personal Care’s payout ratio is currently 32.09%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Moneta Group Investment Advisors LLC bought a new stake in Edgewell Personal Care in the fourth quarter valued at $215,000. Point72 Middle East FZE bought a new stake in Edgewell Personal Care in the fourth quarter valued at $148,000. Jane Street Group LLC bought a new stake in Edgewell Personal Care in the fourth quarter valued at $683,000. Squarepoint Ops LLC boosted its holdings in Edgewell Personal Care by 323.4% in the fourth quarter. Squarepoint Ops LLC now owns 24,721 shares of the company’s stock valued at $953,000 after acquiring an additional 18,882 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in Edgewell Personal Care by 1.9% in the fourth quarter. Legal & General Group Plc now owns 153,817 shares of the company’s stock valued at $5,928,000 after acquiring an additional 2,875 shares in the last quarter. Institutional investors own 94.46% of the company’s stock.
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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