Brokerages Set Edgewell Personal Care Co (NYSE:EPC) PT at $45.00

Shares of Edgewell Personal Care Co (NYSE:EPC) have earned a consensus recommendation of “Hold” from the fourteen analysts that are covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $45.00.

EPC has been the topic of a number of recent research reports. Zacks Investment Research raised Gerdau from a “sell” rating to a “hold” rating in a research report on Monday, May 13th. SunTrust Banks downgraded SUNDANCE ENERGY/S to a “hold” rating in a research report on Monday, July 8th. Wells Fargo & Co lifted their target price on Restaurant Brands International from $68.00 to $70.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 16th. Finally, ValuEngine raised VESTAS WIND SYS/ADR from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th.

In related news, insider Marisa Iasenza acquired 2,200 shares of the firm’s stock in a transaction on Friday, May 17th. The shares were bought at an average cost of $32.78 per share, with a total value of $72,116.00. Following the completion of the acquisition, the insider now owns 2,200 shares of the company’s stock, valued at $72,116. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director R David Hoover acquired 15,000 shares of the firm’s stock in a transaction on Wednesday, May 15th. The shares were bought at an average cost of $32.97 per share, for a total transaction of $494,550.00. Following the completion of the acquisition, the director now directly owns 13,385 shares of the company’s stock, valued at approximately $441,303.45. The disclosure for this purchase can be found here. Insiders have acquired 33,300 shares of company stock worth $1,079,832 over the last ninety days. Company insiders own 0.99% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cerebellum GP LLC acquired a new position in shares of Edgewell Personal Care in the 2nd quarter valued at $337,000. New York State Teachers Retirement System grew its holdings in shares of Edgewell Personal Care by 0.7% in the 2nd quarter. New York State Teachers Retirement System now owns 91,980 shares of the company’s stock valued at $2,479,000 after buying an additional 600 shares during the period. Oregon Public Employees Retirement Fund grew its holdings in shares of Edgewell Personal Care by 1.9% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 21,914 shares of the company’s stock valued at $591,000 after buying an additional 409 shares during the period. 6 Meridian grew its holdings in shares of Edgewell Personal Care by 3.5% in the 2nd quarter. 6 Meridian now owns 12,614 shares of the company’s stock valued at $340,000 after buying an additional 427 shares during the period. Finally, Harbour Capital Advisors LLC acquired a new position in shares of Edgewell Personal Care in the 2nd quarter valued at $220,000. 94.16% of the stock is currently owned by institutional investors.

EPC stock traded up $0.55 during trading on Friday, reaching $28.58. 589,939 shares of the stock were exchanged, compared to its average volume of 658,244. Edgewell Personal Care has a twelve month low of $26.36 and a twelve month high of $59.16. The firm has a market capitalization of $1.55 billion, a P/E ratio of 8.12, a P/E/G ratio of 3.41 and a beta of 0.82. The business’s 50 day simple moving average is $28.69. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.01 and a quick ratio of 1.24.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, May 9th. The company reported $1.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.13. Edgewell Personal Care had a return on equity of 10.94% and a net margin of 3.67%. The business had revenue of $546.70 million for the quarter, compared to the consensus estimate of $562.22 million. During the same period last year, the business earned $1.31 earnings per share. The firm’s revenue for the quarter was down 10.1% compared to the same quarter last year. Equities research analysts expect that Edgewell Personal Care will post 3.44 EPS for the current fiscal year.

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.

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Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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