Edgewell Personal Care Co (NYSE:EPC) – SunTrust Banks lifted their FY2018 earnings estimates for Edgewell Personal Care in a report issued on Monday. SunTrust Banks analyst W. Chappell now forecasts that the company will earn $4.14 per share for the year, up from their previous estimate of $3.80. SunTrust Banks currently has a “Hold” rating and a $65.00 target price on the stock.

A number of other research firms have also recently issued reports on EPC. Citigroup decreased their price objective on shares of Edgewell Personal Care from $87.00 to $77.00 and set a “buy” rating on the stock in a research report on Friday, November 10th. Zacks Investment Research cut shares of Edgewell Personal Care from a “hold” rating to a “strong sell” rating in a research report on Tuesday, November 14th. Bank of America decreased their price objective on shares of Edgewell Personal Care from $77.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, November 10th. Morgan Stanley decreased their price objective on shares of Edgewell Personal Care from $80.00 to $65.00 and set an “equal weight” rating on the stock in a research report on Friday, November 10th. Finally, Barclays cut shares of Edgewell Personal Care from an “equal weight” rating to an “underweight” rating and set a $55.00 price objective on the stock. in a research report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $74.83.

Edgewell Personal Care (EPC) traded down $0.59 during mid-day trading on Wednesday, hitting $59.71. 477,710 shares of the company’s stock were exchanged, compared to its average volume of 581,067. Edgewell Personal Care has a 12-month low of $55.94 and a 12-month high of $82.06. The stock has a market capitalization of $3,320.00, a PE ratio of 853.00, a price-to-earnings-growth ratio of 3.41 and a beta of 0.89. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.26 and a quick ratio of 1.63.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 9th. The company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.03 by ($0.03). The business had revenue of $564.90 million during 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 business’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.06 earnings per share.

In related news, Director Daniel J. Heinrich purchased 1,500 shares of Edgewell Personal Care stock in a transaction that occurred on Monday, November 13th. The shares were bought at an average price of $57.08 per share, for a total transaction of $85,620.00. Following the completion of the transaction, the director now directly owns 3,530 shares of the company’s stock, valued at $201,492.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.97% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caxton Associates LP purchased a new position in shares of Edgewell Personal Care during the third quarter valued at about $1,819,000. Clinton Group Inc. purchased a new position in shares of Edgewell Personal Care during the second quarter valued at about $637,000. Sei Investments Co. increased its position in shares of Edgewell Personal Care by 9.6% during the third quarter. Sei Investments Co. now owns 20,464 shares of the company’s stock valued at $1,489,000 after buying an additional 1,785 shares during the period. Cubist Systematic Strategies LLC increased its position in shares of Edgewell Personal Care by 110.8% during the third quarter. Cubist Systematic Strategies LLC now owns 43,629 shares of the company’s stock valued at $3,175,000 after buying an additional 22,936 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Edgewell Personal Care by 5.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 296,658 shares of the company’s stock valued at $21,588,000 after buying an additional 14,610 shares during the period. Institutional investors own 93.22% of the company’s stock.

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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.

Earnings History and Estimates for Edgewell Personal Care (NYSE:EPC)

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