Edgewell Personal Care (NYSE:EPC) Upgraded at StockNews.com

StockNews.com upgraded shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a buy rating in a research note published on Wednesday morning.

Other equities analysts have also recently issued reports about the stock. Barclays boosted their price target on shares of Edgewell Personal Care from $40.00 to $41.00 and gave the company an equal weight rating in a report on Friday, July 19th. Canaccord Genuity Group boosted their price target on shares of Edgewell Personal Care from $52.00 to $53.00 and gave the company a buy rating in a report on Thursday, May 9th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of Hold and a consensus price target of $42.50.

Edgewell Personal Care Trading Down 0.2 %

NYSE EPC opened at $39.19 on Wednesday. Edgewell Personal Care has a twelve month low of $33.71 and a twelve month high of $42.15. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.92 and a current ratio of 1.84. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 16.40 and a beta of 0.88. The firm’s 50 day moving average price is $39.45 and its two-hundred day moving average price is $38.45.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.74 by $0.14. Edgewell Personal Care had a net margin of 5.40% and a return on equity of 9.29%. The business had revenue of $599.40 million for the quarter, compared to analysts’ expectations of $606.74 million. During the same period in the previous year, the company posted $0.56 EPS. Edgewell Personal Care’s revenue was up .2% on a year-over-year basis. Equities analysts anticipate that Edgewell Personal Care will post 2.92 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 9th. Investors of record on Thursday, June 6th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend was Thursday, June 6th. Edgewell Personal Care’s payout ratio is presently 25.10%.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors and hedge funds have recently modified their holdings of the business. Allspring Global Investments Holdings LLC lifted its position in Edgewell Personal Care by 274.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 50,085 shares of the company’s stock worth $1,835,000 after acquiring an additional 36,723 shares during the last quarter. Lighthouse Investment Partners LLC acquired a new position in shares of Edgewell Personal Care during the fourth quarter valued at about $2,762,000. Victory Capital Management Inc. raised its position in shares of Edgewell Personal Care by 4.8% during the fourth quarter. Victory Capital Management Inc. now owns 432,041 shares of the company’s stock valued at $15,826,000 after buying an additional 19,718 shares during the last quarter. Sei Investments Co. raised its position in shares of Edgewell Personal Care by 4.0% during the first quarter. Sei Investments Co. now owns 397,040 shares of the company’s stock valued at $15,342,000 after buying an additional 15,131 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Edgewell Personal Care by 91.5% during the first quarter. BNP Paribas Financial Markets now owns 27,175 shares of the company’s stock valued at $1,050,000 after buying an additional 12,988 shares during the last quarter. Institutional investors and hedge funds own 91.91% of the company’s stock.

Edgewell Personal Care Company Profile

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.