Edgewell Personal Care (NYSE:EPC) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Edgewell Personal Care Company (NYSE:EPC) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $20.41 and traded as low as $18.24. Edgewell Personal Care shares last traded at $18.4650, with a volume of 1,114,189 shares.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Wells Fargo & Company set a $24.00 price target on shares of Edgewell Personal Care in a report on Tuesday, February 17th. Wall Street Zen raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada set a $26.00 price objective on shares of Edgewell Personal Care and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Friday, March 27th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $24.50.

Edgewell Personal Care Price Performance

The company has a quick ratio of 1.07, a current ratio of 1.81 and a debt-to-equity ratio of 0.86. The stock’s 50-day simple moving average is $20.41 and its two-hundred day simple moving average is $19.54. The company has a market capitalization of $919.94 million, a price-to-earnings ratio of -11.95 and a beta of 0.48.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.17. The company had revenue of $519.50 million during the quarter, compared to analysts’ expectations of $518.51 million. Edgewell Personal Care had a negative net margin of 3.69% and a positive return on equity of 6.31%. The firm’s revenue for the quarter was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. Equities research analysts predict that Edgewell Personal Care Company will post 1.95 earnings per share for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 9th. Stockholders of record on Wednesday, June 10th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, June 10th. Edgewell Personal Care’s dividend payout ratio is -35.93%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds have recently modified their holdings of the business. Brandes Investment Partners LP raised its position in shares of Edgewell Personal Care by 16.4% in the fourth quarter. Brandes Investment Partners LP now owns 6,119,499 shares of the company’s stock valued at $104,337,000 after buying an additional 861,940 shares during the last quarter. Rubric Capital Management LP grew its holdings in shares of Edgewell Personal Care by 297.2% in the first quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company’s stock valued at $85,360,000 after purchasing an additional 2,992,929 shares during the period. American Century Companies Inc. grew its holdings in shares of Edgewell Personal Care by 7.6% in the third quarter. American Century Companies Inc. now owns 3,950,190 shares of the company’s stock valued at $80,426,000 after purchasing an additional 278,919 shares during the period. State Street Corp grew its holdings in shares of Edgewell Personal Care by 0.7% in the fourth quarter. State Street Corp now owns 1,741,485 shares of the company’s stock valued at $29,948,000 after purchasing an additional 12,719 shares during the period. Finally, LSV Asset Management grew its holdings in shares of Edgewell Personal Care by 0.4% in the fourth quarter. LSV Asset Management now owns 1,343,498 shares of the company’s stock valued at $22,907,000 after purchasing an additional 5,544 shares during the period. 91.91% of the stock is currently owned by institutional investors and hedge funds.

About Edgewell Personal Care

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.