Edgewell Personal Care Co (NYSE:EPC) had its target price decreased by equities researchers at Jefferies Group LLC from $78.00 to $73.00 in a note issued to investors on Wednesday. The brokerage presently has a “hold” rating on the stock. Jefferies Group LLC’s price objective points to a potential upside of 2.41% from the company’s current price.
Several other brokerages have also recently commented on EPC. Barclays PLC set a $84.00 target price on Edgewell Personal Care and gave the stock a “hold” rating in a research report on Saturday, February 18th. Zacks Investment Research raised Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 14th. Finally, Royal Bank of Canada set a $105.00 target price on Edgewell Personal Care and gave the stock a “buy” rating in a research report on Monday, February 27th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $88.00.
Edgewell Personal Care (NYSE:EPC) opened at 71.28 on Wednesday. The stock has a 50 day moving average price of $73.23 and a 200 day moving average price of $76.20. The stock has a market cap of $4.09 billion, a PE ratio of 22.37 and a beta of 0.86. Edgewell Personal Care has a 52 week low of $69.63 and a 52 week high of $88.00.
Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, February 2nd. The company reported $0.66 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.66. The business earned $485 million during the quarter, compared to analysts’ expectations of $496.81 million. Edgewell Personal Care had a return on equity of 11.46% and a net margin of 8.01%. Edgewell Personal Care’s revenue was down 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 earnings per share. On average, equities analysts predict that Edgewell Personal Care will post $3.77 earnings per share for the current year.
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Several hedge funds have recently made changes to their positions in EPC. Norges Bank purchased a new stake in shares of Edgewell Personal Care during the fourth quarter valued at about $47,555,000. York Capital Management Global Advisors LLC purchased a new stake in shares of Edgewell Personal Care during the third quarter valued at about $63,828,000. BlackRock Inc. raised its stake in shares of Edgewell Personal Care by 15.1% in the third quarter. BlackRock Inc. now owns 121,596 shares of the company’s stock valued at $9,669,000 after buying an additional 15,951 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Edgewell Personal Care by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 515,598 shares of the company’s stock valued at $37,636,000 after buying an additional 35,077 shares in the last quarter. Finally, BlackRock Fund Advisors raised its stake in shares of Edgewell Personal Care by 3.7% in the third quarter. BlackRock Fund Advisors now owns 2,152,942 shares of the company’s stock valued at $171,202,000 after buying an additional 76,799 shares in the last quarter. Institutional investors and hedge funds own 85.26% of the company’s stock.
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.
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