Brokerages Set Edgewell Personal Care Co (EPC) Target Price at $76.56
Edgewell Personal Care Co (NYSE:EPC) has received an average rating of “Hold” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $76.56.
Several research analysts recently commented on EPC shares. Citigroup reduced their price objective on shares of Edgewell Personal Care from $87.00 to $77.00 and set a “buy” rating for the company in a research note on Friday, November 10th. Zacks Investment Research lowered shares of Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 14th. Bank of America reduced their price objective on shares of Edgewell Personal Care from $77.00 to $65.00 and set a “neutral” rating for the company in a research note on Friday, November 10th. Morgan Stanley reduced their price objective on shares of Edgewell Personal Care from $80.00 to $65.00 and set an “equal weight” rating for the company in a research note on Friday, November 10th. Finally, Barclays lowered shares of Edgewell Personal Care from an “equal weight” rating to an “underweight” rating and set a $55.00 price objective for the company. in a research note on Friday, November 10th.
In related news, Director Daniel J. Heinrich bought 1,500 shares of the company’s stock in a transaction on Monday, November 13th. The shares were bought at an average price of $57.08 per share, with a total value of $85,620.00. Following the transaction, the director now owns 3,530 shares in the company, valued at $201,492.40. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.97% of the stock is currently owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. Magnetar Financial LLC purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $208,000. Virginia Retirement Systems ET AL purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $211,000. Fox Run Management L.L.C. purchased a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $233,000. Bayesian Capital Management LP purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter valued at $240,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in Edgewell Personal Care during the second quarter worth $286,000. 93.22% of the stock is currently owned by institutional investors and hedge funds.
Edgewell Personal Care (NYSE EPC) traded down $0.59 during midday trading on Wednesday, hitting $59.71. 477,710 shares of the company traded hands, compared to its average volume of 513,734. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.63 and a current ratio of 2.26. The company has a market cap of $3,321.55, a price-to-earnings ratio of 995.17, a PEG ratio of 3.34 and a beta of 0.87. Edgewell Personal Care has a 1 year low of $55.94 and a 1 year high of $82.06.
Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.03). The firm had revenue of $564.90 million for the quarter, compared to the consensus estimate of $588.28 million. Edgewell Personal Care had a return on equity of 12.54% and a net margin of 0.25%. The company’s revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.06 EPS. analysts anticipate that Edgewell Personal Care will post 3.92 EPS for the current year.
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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.
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