UBS Group Lowers Edgewell Personal Care (NYSE:EPC) Price Target to $36.00

Edgewell Personal Care (NYSE:EPCGet Free Report) had its target price dropped by equities research analysts at UBS Group from $40.00 to $36.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. UBS Group’s price target would suggest a potential upside of 6.64% from the stock’s previous close.

Other research analysts have also recently issued research reports about the company. Barclays dropped their price target on Edgewell Personal Care from $37.00 to $36.00 and set an “equal weight” rating on the stock in a report on Monday, November 11th. Wells Fargo & Company reduced their target price on Edgewell Personal Care from $42.00 to $37.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. StockNews.com cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a research note on Friday, September 20th. Finally, Truist Financial cut their price objective on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.80.

Read Our Latest Research Report on EPC

Edgewell Personal Care Stock Performance

Shares of NYSE EPC opened at $33.76 on Thursday. Edgewell Personal Care has a 1 year low of $31.20 and a 1 year high of $41.50. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.81 and a current ratio of 1.66. The stock has a fifty day moving average price of $34.73 and a two-hundred day moving average price of $36.57. The firm has a market cap of $1.64 billion, a P/E ratio of 17.22 and a beta of 0.89.

Edgewell Personal Care (NYSE:EPCGet Free Report) last released its earnings results on Thursday, November 7th. The company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.05. Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. The firm had revenue of $517.60 million for the quarter, compared to analyst estimates of $535.23 million. During the same period in the previous year, the company earned $0.72 earnings per share. Edgewell Personal Care’s revenue was down 3.1% compared to the same quarter last year. Research analysts forecast that Edgewell Personal Care will post 3.21 EPS for the current fiscal year.

Institutional Investors Weigh In On Edgewell Personal Care

Several hedge funds have recently bought and sold shares of the business. Blue Trust Inc. boosted its holdings in shares of Edgewell Personal Care by 14.0% during the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after purchasing an additional 332 shares during the period. TD Private Client Wealth LLC lifted its position in Edgewell Personal Care by 33.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock worth $101,000 after buying an additional 693 shares in the last quarter. HighTower Advisors LLC boosted its stake in shares of Edgewell Personal Care by 12.2% during the 3rd quarter. HighTower Advisors LLC now owns 11,339 shares of the company’s stock valued at $421,000 after buying an additional 1,234 shares during the period. Prospera Private Wealth LLC acquired a new stake in shares of Edgewell Personal Care during the 3rd quarter valued at $48,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Edgewell Personal Care during the 2nd quarter valued at $53,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

Edgewell Personal Care Company Profile

(Get Free Report)

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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Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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