Barclays Increases Edgewell Personal Care (NYSE:EPC) Price Target to $26.00

Edgewell Personal Care (NYSE:EPC) had its price target raised by stock analysts at Barclays from $25.00 to $26.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the stock. Barclays‘s price target points to a potential upside of 1.18% from the company’s previous close.

EPC has been the subject of a number of other reports. Wall Street Zen upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Saturday, May 17th. Royal Bank Of Canada lowered their price objective on Edgewell Personal Care from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Thursday, May 8th. UBS Group upped their target price on shares of Edgewell Personal Care from $31.00 to $32.00 and gave the stock a “neutral” rating in a research note on Thursday, April 17th. Canaccord Genuity Group decreased their price target on shares of 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. Finally, Wells Fargo & Company lowered their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, May 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $33.14.

Edgewell Personal Care Stock Performance

NYSE EPC opened at $25.70 on Tuesday. The stock has a market cap of $1.21 billion, a PE ratio of 15.03 and a beta of 0.78. Edgewell Personal Care has a twelve month low of $22.61 and a twelve month high of $41.50. The stock has a fifty day simple moving average of $25.92 and a 200-day simple moving average of $29.29. The company has a current ratio of 1.89, a quick ratio of 0.93 and a debt-to-equity ratio of 0.95.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.87 EPS for the quarter, missing the consensus estimate of $0.90 by ($0.03). Edgewell Personal Care had a return on equity of 9.20% and a net margin of 3.81%. The firm had revenue of $580.70 million for the quarter, compared to analysts’ expectations of $591.01 million. During the same quarter in the prior year, the business earned $0.88 earnings per share. The company’s quarterly revenue was down 3.1% on a year-over-year basis. Equities analysts anticipate that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Institutional Trading of Edgewell Personal Care

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quadrant Capital Group LLC boosted its stake in Edgewell Personal Care by 85.9% during the 4th quarter. Quadrant Capital Group LLC now owns 751 shares of the company’s stock worth $25,000 after purchasing an additional 347 shares during the period. Janney Montgomery Scott LLC increased its stake in Edgewell Personal Care by 3.0% in the first quarter. Janney Montgomery Scott LLC now owns 17,986 shares of the company’s stock valued at $561,000 after purchasing an additional 517 shares during the period. Bank of Montreal Can raised its holdings in shares of Edgewell Personal Care by 6.2% in the fourth quarter. Bank of Montreal Can now owns 10,890 shares of the company’s stock valued at $366,000 after buying an additional 636 shares during the last quarter. TD Private Client Wealth LLC raised its holdings in shares of Edgewell Personal Care by 24.1% in the first quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock valued at $110,000 after buying an additional 686 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Edgewell Personal Care by 238.5% during the first 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. Institutional investors and hedge funds own 91.91% of the company’s stock.

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.