Zacks Investment Research lowered shares of Edgewell Personal Care Co. (NYSE:EPC) from a buy rating to a hold rating in a research report report published on Tuesday morning.
According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “
A number of other equities analysts also recently issued reports on the company. FIX upgraded Edgewell Personal Care to a positive rating in a report on Wednesday, October 5th. Jefferies Group decreased their price objective on Edgewell Personal Care from $77.00 to $75.00 and set a hold rating for the company in a report on Thursday, August 25th. Finally, Bank of America Corp. downgraded Edgewell Personal Care from a buy rating to a neutral rating and set a $84.00 price objective for the company. in a report on Monday, September 12th. They noted that the move was a valuation call. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Edgewell Personal Care has an average rating of Hold and a consensus price target of $86.63.
Shares of Edgewell Personal Care (NYSE:EPC) opened at 73.96 on Tuesday. The stock’s 50 day moving average price is $77.93 and its 200-day moving average price is $79.57. Edgewell Personal Care has a 1-year low of $67.94 and a 1-year high of $88.00. The company has a market capitalization of $4.28 billion, a PE ratio of 24.74 and a beta of 0.84.
Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Thursday, November 10th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.10. The company earned $610.60 million during the quarter, compared to the consensus estimate of $572.35 million. Edgewell Personal Care had a return on equity of 11.57% and a net margin of 7.57%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.64 earnings per share. On average, equities analysts predict that Edgewell Personal Care will post $3.84 EPS for the current year.
Several large investors have recently added to or reduced their stakes in EPC. Pacad Investment Ltd. bought a new stake in Edgewell Personal Care during the second quarter worth approximately $101,000. M&R Capital Management Inc. bought a new stake in Edgewell Personal Care during the second quarter worth approximately $109,000. Toronto Dominion Bank boosted its stake in Edgewell Personal Care by 303.0% in the second quarter. Toronto Dominion Bank now owns 1,326 shares of the company’s stock worth $113,000 after buying an additional 997 shares in the last quarter. Sei Investments Co. boosted its stake in Edgewell Personal Care by 43.9% in the second quarter. Sei Investments Co. now owns 1,514 shares of the company’s stock worth $128,000 after buying an additional 462 shares in the last quarter. Finally, Creative Planning boosted its stake in Edgewell Personal Care by 13.5% in the second quarter. Creative Planning now owns 1,938 shares of the company’s stock worth $164,000 after buying an additional 230 shares in the last quarter. 86.07% of the stock is currently owned by hedge funds and other institutional investors.
Edgewell Personal Care Company Profile
Edgewell Personal Care Company, formerly Energizer Holdings, Inc, manufactures and markets personal care products in the wet shave, sun and skin care, feminine care and infant care categories. The Company operates through four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other. The Company has a portfolio of over 25 brands.