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

Edgewell Personal Care Co (NYSE:EPC) has received an average recommendation of “Moderate Buy” from the five research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $39.80.

Several analysts have issued reports on the stock. Truist Financial lowered their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. UBS Group lowered their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Wells Fargo & Company lowered their price objective on shares of Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Barclays lowered their price objective on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating for the company in a research report on Friday, January 17th.

Edgewell Personal Care Trading Down 1.6 %

Shares of EPC stock opened at $33.35 on Wednesday. The firm has a market cap of $1.62 billion, a P/E ratio of 17.02 and a beta of 0.89. Edgewell Personal Care has a 1-year low of $31.20 and a 1-year high of $41.50. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. The firm’s 50-day simple moving average is $34.46 and its 200-day simple moving average is $36.08.

Edgewell Personal Care (NYSE:EPC) last posted its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. The firm had revenue of $517.60 million during the quarter, compared to the consensus estimate of $535.23 million. Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. The company’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. As a group, equities analysts forecast that Edgewell Personal Care will post 3.19 EPS for the current year.

Hedge Funds Weigh In On Edgewell Personal Care

Large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new stake in Edgewell Personal Care in the second quarter valued at $1,370,000. Squarepoint Ops LLC bought a new stake in Edgewell Personal Care in the second quarter valued at $709,000. AQR Capital Management LLC lifted its stake in Edgewell Personal Care by 43.6% in the second quarter. AQR Capital Management LLC now owns 8,585 shares of the company’s stock valued at $342,000 after buying an additional 2,606 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Edgewell Personal Care in the second quarter valued at $660,000. Finally, Handelsbanken Fonder AB increased its holdings in shares of Edgewell Personal Care by 72.3% during the third quarter. Handelsbanken Fonder AB now owns 16,202 shares of the company’s stock valued at $589,000 after purchasing an additional 6,800 shares during the period. 91.91% of the stock is currently owned by institutional investors.

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.