Posted by admin on Aug 12th, 2022
Edgewell Personal Care Co (NYSE:EPC – Get Rating) has earned a consensus recommendation of “Hold” from the eight brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $44.50.
A number of equities analysts have recently weighed in on EPC shares. TheStreet raised shares of Edgewell Personal Care from a “c+” rating to a “b” rating in a research note on Tuesday, May 10th. Wells Fargo & Company upped their target price on shares of Edgewell Personal Care from $39.00 to $44.00 and gave the company an “overweight” rating in a report on Wednesday, August 3rd. Finally, Barclays increased their price objective on shares of Edgewell Personal Care from $29.00 to $33.00 and gave the stock an “underweight” rating in a report on Monday.
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Edgewell Personal Care by 2.5% during the first quarter. Vanguard Group Inc. now owns 6,216,241 shares of the company’s stock valued at $227,950,000 after purchasing an additional 153,278 shares during the period. American Century Companies Inc. lifted its stake in shares of Edgewell Personal Care by 3.8% during the first quarter. American Century Companies Inc. now owns 3,128,559 shares of the company’s stock valued at $114,724,000 after acquiring an additional 115,360 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Edgewell Personal Care by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 2,725,388 shares of the company’s stock valued at $99,940,000 after acquiring an additional 93,562 shares during the period. Victory Capital Management Inc. lifted its stake in Edgewell Personal Care by 0.5% in the fourth quarter. Victory Capital Management Inc. now owns 2,115,565 shares of the company’s stock valued at $96,702,000 after buying an additional 10,522 shares during the period. Finally, State Street Corp lifted its stake in Edgewell Personal Care by 7.1% in the first quarter. State Street Corp now owns 2,029,304 shares of the company’s stock valued at $74,702,000 after buying an additional 135,214 shares during the period. 91.06% of the stock is currently owned by institutional investors and hedge funds.
Shares of EPC stock opened at $42.02 on Friday. Edgewell Personal Care has a 12 month low of $32.00 and a 12 month high of $51.86. The company has a market capitalization of $2.18 billion, a PE ratio of 21.01 and a beta of 0.92. The firm’s 50-day moving average is $36.63 and its two-hundred day moving average is $37.20. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.62 and a quick ratio of 0.90.
Edgewell Personal Care (NYSE:EPC – Get Rating) last announced its quarterly earnings data on Thursday, August 4th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.16. Edgewell Personal Care had a net margin of 5.00% and a return on equity of 9.90%. The firm had revenue of $623.80 million during the quarter, compared to analysts’ expectations of $613.70 million. During the same quarter in the previous year, the business posted $0.89 earnings per share. The business’s quarterly revenue was up 8.8% compared to the same quarter last year. Analysts predict that Edgewell Personal Care will post 2.53 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 5th. Shareholders of record on Friday, September 2nd will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, September 1st. This represents a $0.60 annualized dividend and a yield of 1.43%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently 30.00%.
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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