Edgewell Personal Care (NYSE:EPC) Given New $23.00 Price Target at Royal Bank Of Canada

by · The Cerbat Gem

Edgewell Personal Care (NYSE:EPC – Free Report) had its price target trimmed by Royal Bank Of Canada from $26.00 to $23.00 in a research report released on Friday morning, Marketbeat.com reports. The firm currently has an outperform rating on the stock.

Other equities research analysts also recently issued research reports about the company. Zacks Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. Canaccord Genuity Group cut their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, August 6th. Wells Fargo & Company decreased their price target on shares of Edgewell Personal Care from $25.00 to $23.00 and set an “overweight” rating on the stock in a research note on Friday. Barclays cut their price objective on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. Finally, Morgan Stanley raised Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and decreased their target price for the company from $26.00 to $23.00 in a research report on Wednesday, August 6th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Edgewell Personal Care presently has a consensus rating of “Hold” and a consensus target price of $23.50.

View Our Latest Analysis on Edgewell Personal Care

Edgewell Personal Care Stock Performance

EPC stock traded down $0.31 during trading hours on Friday, reaching $18.09. The stock had a trading volume of 1,198,767 shares, compared to its average volume of 674,571. Edgewell Personal Care has a fifty-two week low of $17.62 and a fifty-two week high of $38.44. The stock has a market capitalization of $840.30 million, a PE ratio of 13.40 and a beta of 0.81. The stock has a 50-day simple moving average of $20.01 and a 200 day simple moving average of $23.60. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.77 and a quick ratio of 0.91.

Edgewell Personal Care (NYSE:EPC – Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.14). Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The business had revenue of $537.20 million for the quarter, compared to analyst estimates of $532.67 million. During the same period last year, the firm earned $0.72 EPS. Edgewell Personal Care’s quarterly revenue was up 3.8% compared to the same quarter last year. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. Analysts predict that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 4th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.60 annualized dividend and a yield of 3.3%. Edgewell Personal Care’s payout ratio is currently 115.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Creative Planning lifted its position in Edgewell Personal Care by 206.5% during the third quarter. Creative Planning now owns 36,346 shares of the company’s stock worth $740,000 after purchasing an additional 24,488 shares during the period. Hotchkis & Wiley Capital Management LLC increased its holdings in Edgewell Personal Care by 33.3% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 268,726 shares of the company’s stock valued at $5,471,000 after buying an additional 67,186 shares during the period. Occudo Quantitative Strategies LP acquired a new position in shares of Edgewell Personal Care in the 3rd quarter valued at approximately $230,000. California State Teachers Retirement System lifted its holdings in shares of Edgewell Personal Care by 12.0% during the 3rd quarter. California State Teachers Retirement System now owns 43,737 shares of the company’s stock worth $890,000 after acquiring an additional 4,703 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Edgewell Personal Care by 137.8% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 21,352 shares of the company’s stock worth $435,000 after acquiring an additional 12,373 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Company Profile

(Get Free Report)

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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