Edgewell Personal Care Co (EPC) Receives Consensus Recommendation of “Buy” from Analysts
Edgewell Personal Care Co (NYSE:EPC) has received a consensus rating of “Buy” from the eight brokerages that are presently covering the company. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $92 Handbags & Wallets.00.
A number of research firms recently issued reports on EPC. Jefferies Group LLC reissued a “buy” rating on shares of Edgewell Personal Care in a research report on Monday, March 27th. Royal Bank of Canada reissued a “buy” rating and set a $105.00 target price on shares of Edgewell Personal Care in a research report on Friday, March 24th. Barclays PLC set a $84.00 target price on shares of Edgewell Personal Care and gave the stock a “hold” rating in a research report on Saturday, February 18th. Finally, Zacks Investment Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 14th.
Several institutional investors have recently added to or reduced their stakes in the stock Thermal. York Capital Management Global Advisors LLC acquired a new position in Edgewell Personal Care during the third quarter valued at approximately $63 Jackets & Coats,828,000. Norges Bank acquired a new position in Edgewell Personal Care during the fourth quarter valued at approximately $47,555,000. BlackRock Advisors LLC boosted its position in Edgewell Personal Care by 31.1% in the third quarter. BlackRock Advisors LLC now owns 2,451,790 shares of the company’s stock valued at $194,967,000 after buying an additional 581 Swimming,254 shares during the period. JPMorgan Chase & Co. boosted its position in Edgewell Personal Care by 15.8% in the third quarter. JPMorgan Chase & Co. now owns 2,585,152 shares of the company’s stock valued at $205,571,000 after buying an additional 353 Exercise & Fitness,674 shares during the period. Finally, BlackRock Group LTD boosted its position in Edgewell Personal Care by 24.0% in the third quarter. BlackRock Group LTD now owns 1,302,053 shares of the company’s stock valued at $103,539,000 after buying an additional 252,307 shares during the period. Institutional investors own 85.26% of the company’s stock.
Edgewell Personal Care (NYSE:EPC) opened at 72.70 on Friday. The firm’s 50-day moving average is $75.44 and its 200-day moving average is $76.72. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 22.81 and a beta of 0.86. Edgewell Personal Care has a 52 week low of $72.52 and a 52 week high of $88.00.
Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, February 2nd. The company reported $0.66 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.66. The company earned $485 million during the quarter, compared to the consensus estimate of $496.81 million. Edgewell Personal Care had a net margin of 8.01% and a return on equity of 11.46%. The company’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.68 EPS. On average, equities analysts anticipate that Edgewell Personal Care will post $3.79 earnings per share for the current year.
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.