Barclays Cuts Edgewell Personal Care (NYSE:EPC) Price Target to $30.00

Edgewell Personal Care (NYSE:EPC) had its price target reduced by analysts at Barclays from $33.00 to $30.00 in a research report issued on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Barclays‘s target price would indicate a potential upside of 3.48% from the stock’s current price.

Several other brokerages also recently commented on EPC. Truist Financial cut their price target on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. Morgan Stanley dropped their price objective on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday. Royal Bank of Canada decreased their target price on Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday. Wells Fargo & Company dropped their price target on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating for the company in a research report on Tuesday. Finally, UBS Group decreased their price objective on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Edgewell Personal Care has a consensus rating of “Hold” and a consensus target price of $36.57.

Edgewell Personal Care Stock Performance

NYSE:EPC opened at $28.99 on Tuesday. The business’s fifty day moving average is $33.42 and its 200 day moving average is $35.59. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 14.79 and a beta of 0.88. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. Edgewell Personal Care has a 52-week low of $26.65 and a 52-week high of $41.50.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.06). Edgewell Personal Care had a net margin of 4.38% and a return on equity of 9.78%. Research analysts predict that Edgewell Personal Care will post 3.19 EPS for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of hedge funds have recently made changes to their positions in the business. Schroder Investment Management Group raised its position in Edgewell Personal Care by 3.2% in the 4th quarter. Schroder Investment Management Group now owns 26,067 shares of the company’s stock worth $889,000 after purchasing an additional 800 shares during the period. Norges Bank bought a new position in shares of Edgewell Personal Care during the fourth quarter valued at about $4,684,000. Prudential Financial Inc. increased its holdings in shares of Edgewell Personal Care by 30.6% in the fourth quarter. Prudential Financial Inc. now owns 243,774 shares of the company’s stock worth $8,191,000 after buying an additional 57,115 shares during the period. Vanguard Group Inc. lifted its stake in shares of Edgewell Personal Care by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,799,860 shares of the company’s stock valued at $194,875,000 after acquiring an additional 24,850 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Edgewell Personal Care by 71.3% during the 4th quarter. LPL Financial LLC now owns 12,057 shares of the company’s stock valued at $405,000 after acquiring an additional 5,019 shares during the period. 91.91% of the stock is currently owned by institutional investors.

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.