Edgewell Personal Care Co (NYSE:EPC) – Equities research analysts at Jefferies Financial Group dropped their Q2 2020 earnings per share estimates for shares of Edgewell Personal Care in a research report issued on Monday, February 10th. Jefferies Financial Group analyst K. Grundy now anticipates that the company will post earnings per share of $0.92 for the quarter, down from their prior forecast of $1.04.
EPC has been the topic of several other research reports. Wells Fargo & Co reaffirmed a “hold” rating on shares of Edgewell Personal Care in a report on Monday, October 21st. Citigroup cut shares of Edgewell Personal Care from a “buy” rating to a “neutral” rating and raised their target price for the company from $38.00 to $43.00 in a report on Monday, February 10th. Consumer Edge raised shares of Edgewell Personal Care from an “equal weight” rating to an “overweight” rating in a report on Monday, February 10th. SunTrust Banks reaffirmed a “buy” rating and issued a $45.00 target price on shares of Edgewell Personal Care in a report on Tuesday. They noted that the move was a valuation call. Finally, Zacks Investment Research raised shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Tuesday. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $38.89.
Shares of NYSE:EPC opened at $33.64 on Thursday. The firm’s 50 day moving average price is $29.53 and its 200 day moving average price is $31.00. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of -5.51, a price-to-earnings-growth ratio of 4.15 and a beta of 0.86. Edgewell Personal Care has a fifty-two week low of $25.43 and a fifty-two week high of $46.55. The company has a quick ratio of 1.04, a current ratio of 1.58 and a debt-to-equity ratio of 0.84.
Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Monday, February 10th. The company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.27. The firm had revenue of $454.00 million for the quarter, compared to analysts’ expectations of $445.95 million. Edgewell Personal Care had a negative net margin of 15.44% and a positive return on equity of 13.41%. The firm’s revenue was down .7% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 earnings per share.
A number of institutional investors have recently made changes to their positions in EPC. Tremblant Capital Group increased its stake in Edgewell Personal Care by 131.9% in the fourth quarter. Tremblant Capital Group now owns 1,105,214 shares of the company’s stock valued at $34,217,000 after purchasing an additional 628,700 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Edgewell Personal Care in the fourth quarter valued at approximately $8,446,000. Nuveen Asset Management LLC purchased a new position in Edgewell Personal Care in the second quarter valued at approximately $6,208,000. Marshall Wace LLP increased its stake in Edgewell Personal Care by 3,864.7% in the fourth quarter. Marshall Wace LLP now owns 229,320 shares of the company’s stock valued at $7,100,000 after purchasing an additional 223,536 shares during the last quarter. Finally, Marshall Wace North America L.P. increased its stake in Edgewell Personal Care by 2,421.7% in the fourth quarter. Marshall Wace North America L.P. now owns 219,643 shares of the company’s stock valued at $6,800,000 after purchasing an additional 210,933 shares during the last quarter. Institutional investors own 98.81% of the company’s stock.
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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