Edgewell Personal Care’s (EPC) “Hold” Rating Reaffirmed at Wells Fargo & Co

Wells Fargo & Co reiterated their hold rating on shares of Edgewell Personal Care (NYSE:EPC) in a report issued on Monday, TipRanks reports.

Other equities research analysts have also recently issued reports about the stock. TheStreet cut shares of Edgewell Personal Care from a c rating to a d rating in a research report on Wednesday, August 7th. Barclays reissued a sell rating and issued a $27.00 price target on shares of Edgewell Personal Care in a research report on Monday, August 12th. Zacks Investment Research raised shares of Edgewell Personal Care from a hold rating to a buy rating and set a $35.00 price target for the company in a research report on Tuesday, October 15th. Bank of America reissued a neutral rating and issued a $34.00 price target (up from $30.00) on shares of Edgewell Personal Care in a research report on Wednesday, August 7th. Finally, ValuEngine raised shares of Edgewell Personal Care from a strong sell rating to a sell rating in a research report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $38.64.

Shares of EPC opened at $35.21 on Monday. Edgewell Personal Care has a 1-year low of $26.36 and a 1-year high of $48.74. The stock has a market cap of $1.85 billion, a PE ratio of 10.00, a price-to-earnings-growth ratio of 3.88 and a beta of 0.86. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.53 and a quick ratio of 0.98. The firm has a fifty day moving average price of $31.97 and a 200 day moving average price of $32.23.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $1.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.17. Edgewell Personal Care had a negative net margin of 17.40% and a positive return on equity of 12.23%. The firm had revenue of $609.20 million during the quarter, compared to analysts’ expectations of $610.26 million. During the same period in the previous year, the company earned $0.91 earnings per share. Edgewell Personal Care’s quarterly revenue was down 1.8% compared to the same quarter last year. As a group, equities analysts expect that Edgewell Personal Care will post 3.47 EPS for the current fiscal year.

In other Edgewell Personal Care news, Director R David Hoover bought 4,000 shares of Edgewell Personal Care stock in a transaction dated Thursday, August 8th. The stock was acquired at an average cost of $31.40 per share, with a total value of $125,600.00. Following the completion of the acquisition, the director now owns 25,885 shares of the company’s stock, valued at $812,789. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider John N. Hill bought 7,000 shares of Edgewell Personal Care stock in a transaction dated Thursday, August 29th. The stock was acquired at an average cost of $28.18 per share, with a total value of $197,260.00. Following the completion of the acquisition, the insider now directly owns 29,808 shares of the company’s stock, valued at approximately $839,989.44. The disclosure for this purchase can be found here. 0.99% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. Prudential Financial Inc. raised its holdings in Edgewell Personal Care by 102.3% during the second quarter. Prudential Financial Inc. now owns 1,270,462 shares of the company’s stock worth $34,239,000 after purchasing an additional 642,499 shares in the last quarter. Acadian Asset Management LLC raised its holdings in Edgewell Personal Care by 23.6% during the second quarter. Acadian Asset Management LLC now owns 127,609 shares of the company’s stock worth $3,440,000 after purchasing an additional 24,370 shares in the last quarter. Cerebellum GP LLC purchased a new position in Edgewell Personal Care during the second quarter worth about $337,000. Harbour Capital Advisors LLC purchased a new position in Edgewell Personal Care during the second quarter worth about $220,000. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new position in Edgewell Personal Care during the second quarter worth about $3,322,000. 94.65% of the stock is 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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