Edgewell Personal Care (NYSE:EPC) Upgraded at StockNews.com

Edgewell Personal Care (NYSE:EPC) was upgraded by equities researchers at StockNews.com from a “sell” rating to a “hold” rating in a research report issued on Saturday.

Several other equities research analysts have also recently issued reports on the company. Morgan Stanley cut their target price on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, February 11th. Canaccord Genuity Group lowered their target price on Edgewell Personal Care from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Thursday, May 8th. Barclays decreased their price target on Edgewell Personal Care from $28.00 to $25.00 and set an “equal weight” rating for the company in a report on Thursday, May 8th. Wells Fargo & Company decreased their price target on Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Thursday, May 8th. Finally, UBS Group lifted their price target on Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a report on Thursday, April 17th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $33.00.

Edgewell Personal Care Stock Performance

Shares of EPC stock opened at $28.61 on Friday. The company has a market capitalization of $1.35 billion, a P/E ratio of 15.63 and a beta of 0.91. The business’s 50 day moving average is $29.71 and its two-hundred day moving average is $32.26. The company has a current ratio of 2.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.96. Edgewell Personal Care has a 12-month low of $24.35 and a 12-month high of $41.50.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Wednesday, May 7th. The company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.03). Edgewell Personal Care had a net margin of 4.09% and a return on equity of 9.29%. The firm had revenue of $580.70 million during the quarter, compared to analysts’ expectations of $591.01 million. During the same quarter last year, the business earned $0.88 EPS. The business’s revenue was down 3.1% compared to the same quarter last year. Analysts expect that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

Institutional investors and hedge funds have recently modified their holdings of the company. Quadrant Capital Group LLC grew its holdings in Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock valued at $25,000 after buying an additional 347 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Edgewell Personal Care by 238.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock worth $30,000 after buying an additional 687 shares during the period. R Squared Ltd purchased a new position in shares of Edgewell Personal Care in the 4th quarter worth $36,000. Wolverine Asset Management LLC raised its position in Edgewell Personal Care by 217.4% in the fourth quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after purchasing an additional 800 shares during the period. Finally, Sterling Capital Management LLC raised its position in Edgewell Personal Care by 805.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,531 shares of the company’s stock valued at $51,000 after purchasing an additional 1,362 shares during the period. Institutional investors and hedge funds own 91.91% 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.