Edgewell Personal Care (NYSE:EPC – Free Report) The price target was lowered by UBS Group from USD 42.00 to USD 40.00 in a research note issued to investors on Wednesday morning, Benzinga reports. They currently rate the stock as “neutral.”
EPC has been the subject of several other research reports. StockNews.com upgraded Edgewell Personal Care from a hold rating to a buy rating in a research report on Wednesday, July 31. Barclays decreased their price target on Edgewell Personal Care from $41.00 to $40.00 and gave the stock an equal-weight rating in a research report on Wednesday. Finally, Canaccord Genuity Group raised their price target on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the stock a buy rating in a research note on Thursday, May 9. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating on the company’s stock. According to data from MarketBeat, the company has a consensus rating of Hold and an average price target of $41.80.
Read our latest stock analysis on Edgewell Personal Care
Edgewell Personal Care Value for money
NYSE:EPC traded $0.15 lower during trading hours on Wednesday, reaching $37.37. The stock had a trading volume of 316,991 shares, compared to its average volume of 385,944. The stock has a market cap of $1.85 billion, a P/E ratio of 15.64, and a beta of 0.88. Edgewell Personal Care has a 52-week low of $33.71 and a 52-week high of $41.50. The company has a 50-day moving average price of $39.45 and a 200-day moving average price of $38.47. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92, and a current ratio of 1.84.
Edgewell Personal Care (NYSE:EPC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6. The company reported earnings per share of $1.22 for the quarter, beating the consensus estimate of $1.01 by $0.21. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The company posted revenue of $647.80 million for the quarter, compared to analyst expectations of $649.67 million. During the same quarter last year, the company posted earnings per share of $0.98. Edgewell Personal Care’s quarterly revenue decreased 0.3% year-over-year. Overall, sell-side analysts expect that Edgewell Personal Care will report earnings per share of $2.92 for the current fiscal year.
Dividend announcement for Edgewell Personal Care
The company also recently declared a quarterly dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Wednesday, September 4th will receive a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, September 4th. This represents an annualized dividend of $0.60 and a dividend yield of 1.61%. Edgewell Personal Care’s dividend payout ratio is currently 25.10%.
Institutional trading in Edgewell Personal Care
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC increased its position in shares of Edgewell Personal Care by 82.2% in the 4th quarter. Quadrant Capital Group LLC now owns 698 shares of the company’s stock valued at $26,000 after acquiring an additional 315 shares in the last quarter. Clearstead Trust LLC acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at about $33,000. Northwest Investment Counselors LLC acquired a new stake in shares of Edgewell Personal Care in the first quarter valued at about $35,000. TFO Wealth Partners LLC increased its position in shares of Edgewell Personal Care by 32,900.0% in the 4th quarter. TFO Wealth Partners LLC now owns 990 shares of the company’s stock valued at $36,000 after acquiring an additional 987 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Edgewell Personal Care during the 2nd quarter valued at about $53,000. Institutional investors own 91.91% of the company’s shares.
Edgewell Personal Care Company Profile
(Get free report)
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the categories of wet shaving, sun and skin care, feminine care and baby care. As of September 30, 2016, the company had a portfolio of over 25 brands. It manages its business in four segments: wet shaving, sun and skin care, feminine care and other.
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