Edgewell Personal Care (NYSE:EPC) Sets New 1-Year Low – Here’s What Happened

by · The Markets Daily

Edgewell Personal Care Co (NYSE:EPC – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $32.52 and last traded at $32.67, with a volume of 11054 shares trading hands. The stock had previously closed at $32.67.

Analyst Ratings Changes

EPC has been the topic of several research reports. Wells Fargo & Company dropped their price objective on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a research note on Tuesday. Barclays dropped their price target on 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. StockNews.com lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Finally, Truist Financial lowered their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Edgewell Personal Care has a consensus rating of “Moderate Buy” and an average target price of $41.20.

Get Our Latest Research Report on EPC

Edgewell Personal Care Trading Down 0.2 %

The stock has a market cap of $1.56 billion, a PE ratio of 16.35 and a beta of 0.89. 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’s fifty day moving average price is $35.24 and its 200 day moving average price is $36.95.

Edgewell Personal Care (NYSE:EPC – Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.67 by $0.05. The business had revenue of $517.60 million for the quarter, compared to analysts’ expectations of $535.23 million. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 EPS. On average, sell-side analysts forecast that Edgewell Personal Care Co will post 3.21 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 8th. Investors of record on Tuesday, December 3rd will be issued a $0.15 dividend. The ex-dividend date is Tuesday, December 3rd. This represents a $0.60 annualized dividend and a yield of 1.87%. Edgewell Personal Care’s payout ratio is 30.61%.

Hedge Funds Weigh In On Edgewell Personal Care

Several hedge funds and other institutional investors have recently bought and sold shares of EPC. JPMorgan Chase & Co. raised its holdings in shares of Edgewell Personal Care by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 669,914 shares of the company’s stock valued at $24,345,000 after purchasing an additional 39,059 shares during the last quarter. Principal Financial Group Inc. grew its position in Edgewell Personal Care by 2.9% in the 3rd quarter. Principal Financial Group Inc. now owns 251,422 shares of the company’s stock worth $9,137,000 after purchasing an additional 7,018 shares during the period. Franklin Resources Inc. raised its stake in Edgewell Personal Care by 2.1% during the 3rd quarter. Franklin Resources Inc. now owns 128,064 shares of the company’s stock valued at $4,499,000 after buying an additional 2,684 shares during the last quarter. Sanctuary Advisors LLC raised its stake in Edgewell Personal Care by 13.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 19,973 shares of the company’s stock valued at $718,000 after buying an additional 2,339 shares during the last quarter. Finally, TD Private Client Wealth LLC lifted its holdings in shares of Edgewell Personal Care by 33.1% during the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after buying an additional 693 shares during the period. Institutional investors own 91.91% of the company’s stock.

About Edgewell Personal Care

(Get Free Report)

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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