$1.08 Earnings Per Share Expected for Edgewell Personal Care Co (EPC) This Quarter

Equities analysts forecast that Edgewell Personal Care Co (NYSE:EPC) will post earnings per share (EPS) of $1.08 for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Edgewell Personal Care’s earnings. The lowest EPS estimate is $1.06 and the highest is $1.09. Edgewell Personal Care reported earnings per share of $1.00 in the same quarter last year, which suggests a positive year-over-year growth rate of 8%. The company is expected to issue its next earnings results before the market opens on Tuesday, November 13th.

On average, analysts expect that Edgewell Personal Care will report full-year earnings of $3.48 per share for the current financial year, with EPS estimates ranging from $3.46 to $3.50. For the next year, analysts anticipate that the firm will post earnings of $3.64 per share, with EPS estimates ranging from $3.55 to $3.72. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Edgewell Personal Care.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Tuesday, August 7th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.13. The firm had revenue of $620.60 million during the quarter, compared to analyst estimates of $619.95 million. Edgewell Personal Care had a positive return on equity of 10.99% and a negative net margin of 2.85%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.11 earnings per share.

Several equities research analysts have commented on the company. Societe Generale lowered Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Citigroup upped their price target on Edgewell Personal Care from $61.00 to $65.00 and gave the stock a “buy” rating in a research note on Thursday, August 9th. SunTrust Banks upped their price target on Edgewell Personal Care to $50.00 and gave the stock a “hold” rating in a research note on Wednesday, August 8th. Zacks Investment Research lowered Edgewell Personal Care from a “hold” rating to a “sell” rating in a research note on Monday, October 15th. Finally, Jefferies Financial Group upped their price target on Edgewell Personal Care from $48.00 to $49.00 and gave the stock a “hold” rating in a research note on Wednesday, August 8th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. Edgewell Personal Care presently has an average rating of “Hold” and an average price target of $53.18.

Several hedge funds have recently bought and sold shares of the company. Arizona State Retirement System grew its stake in shares of Edgewell Personal Care by 2.7% in the second quarter. Arizona State Retirement System now owns 37,490 shares of the company’s stock valued at $1,892,000 after buying an additional 974 shares in the last quarter. DekaBank Deutsche Girozentrale grew its stake in shares of Edgewell Personal Care by 0.7% in the third quarter. DekaBank Deutsche Girozentrale now owns 152,958 shares of the company’s stock valued at $8,626,000 after buying an additional 1,103 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Edgewell Personal Care by 5.0% in the third quarter. Nisa Investment Advisors LLC now owns 27,110 shares of the company’s stock valued at $1,253,000 after buying an additional 1,300 shares in the last quarter. Mount Yale Investment Advisors LLC grew its stake in shares of Edgewell Personal Care by 25.9% in the second quarter. Mount Yale Investment Advisors LLC now owns 7,425 shares of the company’s stock valued at $375,000 after buying an additional 1,528 shares in the last quarter. Finally, Systematic Financial Management LP grew its stake in shares of Edgewell Personal Care by 7.2% in the second quarter. Systematic Financial Management LP now owns 30,270 shares of the company’s stock valued at $1,527,000 after buying an additional 2,045 shares in the last quarter. Institutional investors and hedge funds own 95.04% of the company’s stock.

Edgewell Personal Care stock opened at $46.88 on Friday. The firm has a market capitalization of $2.58 billion, a P/E ratio of 11.81, a price-to-earnings-growth ratio of 5.49 and a beta of 0.73. The company has a quick ratio of 0.79, a current ratio of 1.25 and a debt-to-equity ratio of 0.64. Edgewell Personal Care has a 52 week low of $39.50 and a 52 week high of $62.67.

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.

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