Edgewell Personal Care Co (NYSE:EPC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Friday, May 5th.
According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “
A number of other brokerages also recently weighed in on EPC. Jefferies Group LLC reaffirmed a “buy” rating on shares of Edgewell Personal Care in a research report on Monday, March 27th. Royal Bank of Canada set a $105.00 price objective on Edgewell Personal Care and gave the stock a “buy” rating in a research note on Monday, February 27th. Barclays PLC set a $84.00 price objective on Edgewell Personal Care and gave the stock a “hold” rating in a research note on Saturday, February 18th. Finally, Deutsche Bank AG reiterated a “hold” rating and set a $77.00 price target (up from $74.00) on shares of Edgewell Personal Care in a research report on Wednesday, May 3rd. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $87.00.
Edgewell Personal Care (NYSE:EPC) traded up 0.14% during trading on Friday, reaching $70.72. 808,891 shares of the company were exchanged. The company has a market capitalization of $4.06 billion, a P/E ratio of 21.98 and a beta of 0.86. Edgewell Personal Care has a one year low of $69.63 and a one year high of $88.00. The firm’s 50-day moving average is $72.20 and its 200 day moving average is $75.50.
Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Tuesday, May 2nd. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Edgewell Personal Care had a return on equity of 11.46% and a net margin of 8.01%. The business had revenue of $611 million for the quarter, compared to the consensus estimate of $608.13 million. During the same quarter in the prior year, the company earned $1.17 EPS. The business’s revenue was up .0% compared to the same quarter last year. On average, analysts anticipate that Edgewell Personal Care will post $3.84 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Great West Life Assurance Co. Can boosted its stake in shares of Edgewell Personal Care by 15.3% in the third quarter. Great West Life Assurance Co. Can now owns 241,982 shares of the company’s stock worth $19,263,000 after buying an additional 32,112 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Edgewell Personal Care by 0.4% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,465 shares of the company’s stock valued at $673,000 after buying an additional 36 shares in the last quarter. APG Asset Management N.V. increased its stake in Edgewell Personal Care by 3.2% in the third quarter. APG Asset Management N.V. now owns 2,046,894 shares of the company’s stock valued at $162,769,000 after buying an additional 63,565 shares in the last quarter. Sei Investments Co. increased its stake in Edgewell Personal Care by 27.0% in the third quarter. Sei Investments Co. now owns 1,923 shares of the company’s stock valued at $153,000 after buying an additional 409 shares in the last quarter. Finally, Americafirst Capital Management LLC acquired a new position in shares of Edgewell Personal Care during the third quarter worth about $1,786,000. 85.26% of the stock is owned by institutional investors and hedge funds.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Edgewell Personal Care Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care Co and related companies with MarketBeat.com's FREE daily email newsletter.