Edgewell Personal Care Co (NYSE:EPC) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Edgewell Personal Care Co (NYSE:EPC) have received an average recommendation of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $42.40.

Several equities research analysts recently issued reports on the stock. StockNews.com lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Friday, September 20th. 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 research report on Monday, November 11th. Truist Financial dropped their target price on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Finally, UBS Group decreased their price target on Edgewell Personal Care from $42.00 to $40.00 and set a “neutral” rating on the stock in a report on Wednesday, August 7th.

Edgewell Personal Care Stock Up 1.3 %

EPC opened at $35.14 on Friday. The firm’s 50 day simple moving average is $35.46 and its two-hundred day simple moving average is $37.90. The company has a market capitalization of $1.71 billion, a PE ratio of 17.93 and a beta of 0.86. Edgewell Personal Care has a 1-year low of $33.27 and a 1-year high of $41.50. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.05. The company had revenue of $517.60 million for the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. Edgewell Personal Care’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. As a group, equities analysts forecast that Edgewell Personal Care will post 3.21 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 8th. Shareholders of record on Tuesday, December 3rd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, December 3rd. Edgewell Personal Care’s payout ratio is currently 30.61%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. 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 worth $101,000 after buying an additional 693 shares in the last quarter. Geode Capital Management LLC raised its holdings 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 worth $41,078,000 after acquiring an additional 6,964 shares in the last quarter. Barclays PLC boosted its position in shares of Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock valued at $5,400,000 after acquiring an additional 126,168 shares during the last quarter. MML Investors Services LLC grew its holdings in shares of Edgewell Personal Care by 72.6% in the third quarter. MML Investors Services LLC now owns 19,931 shares of the company’s stock valued at $724,000 after purchasing an additional 8,384 shares in the last quarter. Finally, XTX Topco Ltd increased its position in Edgewell Personal Care by 18.1% in the third quarter. XTX Topco Ltd now owns 16,731 shares of the company’s stock worth $608,000 after purchasing an additional 2,569 shares during the last quarter. Hedge funds and other institutional investors 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.