Edgewell Personal Care (NYSE:EPC) Issues FY 2022 Earnings Guidance

Edgewell Personal Care (NYSE:EPCGet Rating) issued an update on its FY 2022 earnings guidance on Tuesday morning. The company provided EPS guidance of $2.38-$2.66 for the period, compared to the consensus EPS estimate of $2.81. The company issued revenue guidance of -.

Shares of Edgewell Personal Care stock opened at $34.68 on Tuesday. The company’s 50-day moving average price is $36.86 and its 200-day moving average price is $40.56. The company has a market cap of $1.83 billion, a price-to-earnings ratio of 15.98 and a beta of 0.89. The company has a current ratio of 1.78, a quick ratio of 0.99 and a debt-to-equity ratio of 0.93. Edgewell Personal Care has a 12-month low of $32.00 and a 12-month high of $51.86.

Edgewell Personal Care (NYSE:EPCGet Rating) last issued its quarterly earnings results on Tuesday, May 10th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.06). Edgewell Personal Care had a net margin of 5.61% and a return on equity of 10.06%. The business had revenue of $547.70 million for the quarter, compared to the consensus estimate of $564.13 million. During the same quarter in the previous year, the business earned $0.70 earnings per share. The firm’s revenue was up 5.5% on a year-over-year basis. On average, sell-side analysts predict that Edgewell Personal Care will post 2.48 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 7th. Investors of record on Thursday, June 2nd will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.73%. The ex-dividend date is Wednesday, June 1st. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 27.65%.

Several brokerages have commented on EPC. TheStreet raised Edgewell Personal Care from a c+ rating to a b rating in a research report on Tuesday, May 10th. Barclays lowered their price target on Edgewell Personal Care from $34.00 to $29.00 in a research report on Thursday, May 12th. Wells Fargo & Company lowered their price target on Edgewell Personal Care from $55.00 to $47.00 and set an overweight rating for the company in a research report on Wednesday, February 9th. Morgan Stanley lowered their price target on Edgewell Personal Care from $46.00 to $43.00 and set an equal weight rating for the company in a research report on Thursday, February 10th. Finally, StockNews.com assumed coverage on Edgewell Personal Care in a research report on Thursday, March 31st. They issued a hold rating for the company. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, Edgewell Personal Care currently has a consensus rating of Hold and a consensus target price of $45.57.

In other Edgewell Personal Care news, insider Eric F. O’toole sold 7,000 shares of the business’s stock in a transaction dated Tuesday, March 15th. The stock was sold at an average price of $37.00, for a total value of $259,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.38% of the stock is currently owned by insiders.

Several large investors have recently made changes to their positions in the stock. BlackRock Inc. grew its stake in shares of Edgewell Personal Care by 2.7% during the 4th quarter. BlackRock Inc. now owns 8,616,682 shares of the company’s stock valued at $393,869,000 after acquiring an additional 222,771 shares during the period. Vanguard Group Inc. lifted its holdings in Edgewell Personal Care by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 6,216,241 shares of the company’s stock worth $227,950,000 after purchasing an additional 153,278 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Edgewell Personal Care by 3.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,725,388 shares of the company’s stock worth $99,940,000 after purchasing an additional 93,562 shares in the last quarter. State Street Corp lifted its holdings in Edgewell Personal Care by 7.1% in the 1st quarter. State Street Corp now owns 2,029,304 shares of the company’s stock worth $74,702,000 after purchasing an additional 135,214 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Edgewell Personal Care by 1.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 680,137 shares of the company’s stock worth $24,941,000 after purchasing an additional 11,228 shares in the last quarter. Institutional investors own 91.06% of the company’s stock.

About Edgewell Personal Care (Get Rating)

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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Earnings History and Estimates for Edgewell Personal Care (NYSE:EPC)

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