Edgewell Personal Care (NYSE:EPC) Upgraded at Zacks Research

Zacks Research upgraded shares of Edgewell Personal Care (NYSE:EPC) from a strong sell rating to a hold rating in a report issued on Monday morning,Zacks.com reports.

EPC has been the subject of a number of other reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Friday, March 27th. Royal Bank Of Canada set a $26.00 price target on Edgewell Personal Care and gave the company an “outperform” rating in a report on Thursday, April 9th. Barclays boosted their target price on Edgewell Personal Care from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 10th. Wall Street Zen downgraded Edgewell Personal Care from a “hold” rating to a “sell” rating in a research note on Saturday, February 14th. Finally, Wells Fargo & Company set a $24.00 price target on Edgewell Personal Care in a research note on Tuesday, February 17th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $24.17.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock opened at $22.24 on Monday. The stock has a 50 day moving average of $21.18 and a 200 day moving average of $19.46. Edgewell Personal Care has a 12 month low of $15.88 and a 12 month high of $31.04. The firm has a market cap of $1.04 billion, a PE ratio of -26.17 and a beta of 0.52. The company has a current ratio of 2.12, a quick ratio of 1.20 and a debt-to-equity ratio of 1.02.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Monday, February 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.02. Edgewell Personal Care had a positive return on equity of 7.16% and a negative net margin of 1.76%.The business had revenue of $422.80 million during the quarter, compared to analyst estimates of $476.48 million. During the same period last year, the company earned $0.07 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. On average, research analysts expect that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Edgewell Personal Care Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Friday, March 6th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, March 6th. Edgewell Personal Care’s payout ratio is -70.59%.

Hedge Funds Weigh In On Edgewell Personal Care

Hedge funds and other institutional investors have recently modified their holdings of the business. Aster Capital Management DIFC Ltd lifted its stake in shares of Edgewell Personal Care by 158.0% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 1,486 shares of the company’s stock worth $25,000 after buying an additional 910 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Edgewell Personal Care in the fourth quarter worth about $30,000. Quadrant Capital Group LLC lifted its stake in shares of Edgewell Personal Care by 291.9% in the fourth quarter. Quadrant Capital Group LLC now owns 1,975 shares of the company’s stock worth $34,000 after buying an additional 1,471 shares in the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Edgewell Personal Care by 45.3% in the fourth quarter. Hantz Financial Services Inc. now owns 3,907 shares of the company’s stock worth $67,000 after buying an additional 1,218 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its stake in shares of Edgewell Personal Care by 67.4% in the second quarter. Tower Research Capital LLC TRC now owns 4,201 shares of the company’s stock worth $98,000 after buying an additional 1,692 shares in the last quarter. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Company Profile

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.