Edgewell Personal Care (NYSE:EPC) Earns Sell Rating from Barclays

Barclays restated their sell rating on shares of Edgewell Personal Care (NYSE:EPC) in a research report report published on Monday morning, AnalystRatings.com reports. Barclays currently has a $27.00 target price on the stock.

Other equities research analysts have also recently issued research reports about the stock. ValuEngine cut shares of Edgewell Personal Care from a sell rating to a strong sell rating in a report on Thursday, May 9th. Royal Bank of Canada set a $50.00 price target on shares of Edgewell Personal Care and gave the stock a buy rating in a report on Wednesday, August 7th. Wells Fargo & Co reaffirmed a hold rating and issued a $30.00 price target on shares of Edgewell Personal Care in a report on Wednesday, August 7th. SunTrust Banks raised shares of Edgewell Personal Care from a hold rating to a buy rating and lifted their price target for the stock from $35.00 to $40.00 in a report on Monday, July 8th. Finally, Zacks Investment Research raised shares of Edgewell Personal Care from a sell rating to a hold rating in a report on Monday, May 13th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $41.09.

Edgewell Personal Care stock opened at $27.43 on Monday. Edgewell Personal Care has a 52 week low of $26.36 and a 52 week high of $59.16. The business’s 50 day moving average price is $28.74. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.98 and a current ratio of 1.53. The company has a market cap of $1.53 billion, a PE ratio of 7.79, a P/E/G ratio of 3.02 and a beta of 0.83.



Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Tuesday, August 6th. The company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.17. The company had revenue of $609.20 million for the quarter, compared to analysts’ expectations of $610.26 million. Edgewell Personal Care had a negative net margin of 17.40% and a positive return on equity of 12.23%. Edgewell Personal Care’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. As a group, sell-side analysts expect that Edgewell Personal Care will post 3.46 EPS for the current fiscal year.

In other Edgewell Personal Care news, insider Marisa Iasenza bought 2,200 shares of the stock in a transaction on Friday, May 17th. The shares were acquired at an average price of $32.78 per share, with a total value of $72,116.00. Following the acquisition, the insider now directly owns 2,200 shares of the company’s stock, valued at approximately $72,116. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director R David Hoover bought 4,000 shares of the stock in a transaction on Thursday, August 8th. The shares were acquired at an average cost of $31.40 per share, for a total transaction of $125,600.00. Following the acquisition, the director now directly owns 25,885 shares in the company, valued at $812,789. The disclosure for this purchase can be found here. Insiders have acquired a total of 19,300 shares of company stock worth $613,232 in the last three months. Insiders own 0.99% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. UBS Asset Management Americas Inc. raised its holdings in Edgewell Personal Care by 24.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 68,448 shares of the company’s stock valued at $1,845,000 after acquiring an additional 13,437 shares during the period. Point72 Hong Kong Ltd bought a new stake in Edgewell Personal Care during the 2nd quarter valued at $136,000. Cubist Systematic Strategies LLC raised its holdings in Edgewell Personal Care by 2,320.6% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 90,919 shares of the company’s stock valued at $2,450,000 after acquiring an additional 87,163 shares during the period. Jefferies Group LLC bought a new stake in Edgewell Personal Care during the 2nd quarter valued at $265,000. Finally, AQR Capital Management LLC raised its holdings in Edgewell Personal Care by 1.3% during the 2nd quarter. AQR Capital Management LLC now owns 29,270 shares of the company’s stock valued at $775,000 after acquiring an additional 383 shares during the period. 96.28% of the stock is currently owned by institutional investors and hedge funds.

About Edgewell Personal Care

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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Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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