Wells Fargo & Company Cuts Edgewell Personal Care (NYSE:EPC) Price Target to $37.00

Edgewell Personal Care (NYSE:EPC) had its price target decreased by analysts at Wells Fargo & Company from $42.00 to $37.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price points to a potential upside of 14.73% from the company’s current price.

EPC has been the topic of several other reports. Truist Financial decreased their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Barclays decreased their price objective on shares of Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a report on Monday, November 11th. Finally, StockNews.com cut shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $41.20.

Edgewell Personal Care Trading Up 0.6 %

NYSE EPC opened at $32.25 on Tuesday. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80. The stock has a market capitalization of $1.57 billion, a P/E ratio of 16.45 and a beta of 0.89. Edgewell Personal Care has a 52-week low of $31.43 and a 52-week high of $41.50. The firm has a 50-day moving average price of $35.17 and a 200 day moving average price of $36.92.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The business had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. During the same period in the prior year, the business posted $0.72 EPS. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Equities research analysts expect that Edgewell Personal Care will post 3.21 EPS for the current year.

Institutional Trading of Edgewell Personal Care

Several institutional investors and hedge funds have recently modified their holdings of the business. Clearstead Trust LLC acquired a new position in shares of Edgewell Personal Care during the 2nd quarter worth approximately $33,000. Prospera Private Wealth LLC acquired a new stake in Edgewell Personal Care during the 3rd quarter valued at $48,000. Acadian Asset Management LLC purchased a new position in Edgewell Personal Care during the second quarter worth $53,000. Canada Pension Plan Investment Board acquired a new position in shares of Edgewell Personal Care in the second quarter worth $84,000. Finally, TD Private Client Wealth LLC lifted its position in shares of Edgewell Personal Care by 33.1% in the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after acquiring an additional 693 shares in the last quarter. Hedge funds and other institutional investors own 91.91% 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.