UBS Group Has Lowered Expectations for Edgewell Personal Care (NYSE:EPC) Stock Price

Edgewell Personal Care (NYSE:EPC) had its price target reduced by stock analysts at UBS Group from $40.00 to $36.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. UBS Group’s target price suggests a potential upside of 8.76% from the company’s current price.

EPC has been the subject of several other reports. StockNews.com downgraded shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a research report on Friday, September 20th. Wells Fargo & Company lowered their price objective on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Truist Financial reduced 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. Finally, Barclays lowered their price target on 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. 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $40.40.

Edgewell Personal Care Stock Up 1.8 %

Shares of NYSE:EPC traded up $0.59 during trading on Thursday, reaching $33.10. 285,147 shares of the company traded hands, compared to its average volume of 443,105. 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 has a 1-year low of $31.20 and a 1-year high of $41.50. The firm has a fifty day simple moving average of $34.84 and a 200 day simple moving average of $36.63. The firm has a market cap of $1.61 billion, a P/E ratio of 16.87 and a beta of 0.89.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $517.60 million for the quarter, compared to the consensus estimate of $535.23 million. During the same quarter in the previous year, the company posted $0.72 earnings per share. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. Analysts anticipate that Edgewell Personal Care will post 3.21 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Edgewell Personal Care

Several large investors have recently bought and sold shares of the stock. Acadian Asset Management LLC bought a new position in shares of Edgewell Personal Care during the 2nd quarter worth about $53,000. Dimensional Fund Advisors LP grew its position in Edgewell Personal Care by 0.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,620,865 shares of the company’s stock worth $145,524,000 after buying an additional 24,513 shares in the last quarter. Renaissance Technologies LLC acquired a new position in Edgewell Personal Care in the 2nd quarter valued at approximately $1,370,000. XTX Topco Ltd bought a new stake in shares of Edgewell Personal Care in the 2nd quarter worth approximately $569,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Edgewell Personal Care during the second quarter valued at approximately $84,000. 91.91% of the stock is currently owned by institutional investors and hedge funds.

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.