Brokerages Set Edgewell Personal Care Co (NYSE:EPC) Target Price at $36.57

Edgewell Personal Care Co (NYSE:EPC) has received a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $36.57.

Several brokerages have issued reports on EPC. Royal Bank of Canada lowered their price target on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 11th. Barclays lowered their target price on Edgewell Personal Care from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Tuesday, February 11th. Morgan Stanley reduced their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, February 11th. Wells Fargo & Company lowered their price target on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday, February 11th. Finally, UBS Group cut their price objective on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Thursday, January 16th.

Edgewell Personal Care Stock Up 0.9 %

NYSE:EPC opened at $29.68 on Thursday. The stock has a 50-day simple moving average of $31.47 and a 200 day simple moving average of $33.93. Edgewell Personal Care has a 52-week low of $26.65 and a 52-week high of $41.50. The company has a market cap of $1.43 billion, a PE ratio of 16.22 and a beta of 1.04. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.97 and a current ratio of 2.06.

Edgewell Personal Care (NYSE:EPC) last issued 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 return on equity of 9.29% and a net margin of 4.09%. On average, sell-side analysts expect that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 9th. Stockholders of record on Wednesday, March 5th will be given a $0.15 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.02%. Edgewell Personal Care’s payout ratio is 32.79%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Quadrant Capital Group LLC boosted its position in Edgewell Personal Care by 85.9% during the fourth quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock worth $25,000 after purchasing an additional 347 shares during the period. Exchange Traded Concepts LLC lifted its stake in shares of Edgewell Personal Care by 2.6% during the 4th quarter. Exchange Traded Concepts LLC now owns 19,633 shares of the company’s stock worth $660,000 after buying an additional 495 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Edgewell Personal Care by 18.7% during the 4th quarter. Blue Trust Inc. now owns 3,200 shares of the company’s stock worth $116,000 after buying an additional 503 shares during the period. Sanctuary Advisors LLC grew its stake in Edgewell Personal Care by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 20,502 shares of the company’s stock valued at $695,000 after buying an additional 529 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in Edgewell Personal Care by 6.2% in the 4th quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock valued at $366,000 after acquiring an additional 636 shares during the period. 91.91% of the stock is owned by institutional investors and hedge funds.

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.