Edgewell Personal Care Co (NYSE:EPC) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Edgewell Personal Care Co (NYSE:EPC) has been given an average recommendation of “Moderate Buy” by the five brokerages that are covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $41.20.

A number of brokerages have weighed in on EPC. Barclays decreased their price target 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. Wells Fargo & Company lowered their price target on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday. StockNews.com downgraded Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Finally, Truist Financial decreased their target price on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th.

Edgewell Personal Care Price Performance

EPC stock opened at $32.25 on Friday. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of 16.45 and a beta of 0.89. The stock’s fifty day simple moving average is $35.17 and its 200-day simple moving average is $36.92. Edgewell Personal Care has a 52-week low of $31.43 and a 52-week high of $41.50. The company has a quick ratio of 0.81, a current ratio of 1.66 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating the consensus estimate 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 company had revenue of $517.60 million during the quarter, compared to analysts’ expectations of $535.23 million. During the same quarter in the previous year, the business earned $0.72 EPS. The firm’s revenue 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.

Edgewell Personal Care Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, December 3rd. This represents a $0.60 annualized dividend and a dividend yield of 1.86%. Edgewell Personal Care’s payout ratio is currently 30.61%.

Institutional Trading of Edgewell Personal Care

Several large investors have recently bought and sold shares of EPC. Dimensional Fund Advisors LP lifted its stake in shares of Edgewell Personal Care by 0.7% in the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock worth $145,524,000 after acquiring an additional 24,513 shares in the last quarter. Brandes Investment Partners LP raised its position in shares of Edgewell Personal Care by 19.7% in the 2nd quarter. Brandes Investment Partners LP now owns 1,529,647 shares of the company’s stock valued at $61,545,000 after purchasing an additional 252,235 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Edgewell Personal Care by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 1,130,160 shares of the company’s stock valued at $41,078,000 after buying an additional 6,964 shares during the last quarter. LSV Asset Management grew its position in shares of Edgewell Personal Care by 16.6% during the second quarter. LSV Asset Management now owns 1,071,354 shares of the company’s stock worth $43,058,000 after buying an additional 152,200 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Edgewell Personal Care by 2.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 778,689 shares of the company’s stock worth $28,298,000 after buying an additional 22,209 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

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.