Edgewell Personal Care (NYSE:EPC) Trading Down 4% – Time to Sell?

Edgewell Personal Care Co (NYSE:EPC)’s stock price dropped 4% during mid-day trading on Tuesday . The company traded as low as $31.27 and last traded at $31.05. Approximately 27,259 shares were traded during trading, a decline of 94% from the average daily volume of 431,483 shares. The stock had previously closed at $32.34.

Analyst Upgrades and Downgrades

EPC has been the topic of a number of recent analyst reports. Wells Fargo & Company decreased 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, January 7th. Barclays decreased their target price on 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. Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, UBS Group lowered their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $39.80.

Edgewell Personal Care Trading Down 1.9 %

The stock has a 50-day moving average price of $34.37 and a two-hundred day moving average price of $36.03. The stock has a market capitalization of $1.54 billion, a PE ratio of 16.16 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.05. The company had revenue of $517.60 million for 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%. Edgewell Personal Care’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 earnings per share. As a group, equities analysts forecast that Edgewell Personal Care Co will post 3.19 earnings per share for the current year.

Institutional Trading of Edgewell Personal Care

A number of institutional investors have recently modified their holdings of EPC. Allspring Global Investments Holdings LLC lifted its position in Edgewell Personal Care by 63.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 664,902 shares of the company’s stock valued at $24,163,000 after acquiring an additional 259,200 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Edgewell Personal Care in the 3rd quarter worth $6,128,000. Barclays PLC grew its stake in Edgewell Personal Care by 563.6% during the 3rd quarter. Barclays PLC now owns 148,553 shares of the company’s stock worth $5,400,000 after buying an additional 126,168 shares during the last quarter. Chartwell Investment Partners LLC increased its position in Edgewell Personal Care by 54.3% during the 3rd quarter. Chartwell Investment Partners LLC now owns 211,056 shares of the company’s stock valued at $7,670,000 after buying an additional 74,315 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Edgewell Personal Care by 411.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 86,320 shares of the company’s stock worth $3,137,000 after acquiring an additional 69,435 shares in the last quarter. 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.