Bank of America upgraded shares of Edgewell Personal Care (NYSE:EPC) from an underperform rating to a neutral rating in a report published on Friday, MarketBeat.com reports. Bank of America currently has $46.00 target price on the stock.
EPC has been the topic of a number of other reports. Zacks Investment Research raised shares of Edgewell Personal Care from a sell rating to a hold rating in a research note on Wednesday, January 16th. Royal Bank of Canada reissued a buy rating and issued a $64.00 target price on shares of Edgewell Personal Care in a research note on Wednesday, November 14th. SunTrust Banks decreased their target price on shares of Edgewell Personal Care to $45.00 and set a hold rating on the stock in a research note on Wednesday, November 14th. Morgan Stanley set a $45.00 target price on shares of Edgewell Personal Care and gave the stock a hold rating in a research note on Thursday, November 15th. Finally, Citigroup cut their price target on shares of Edgewell Personal Care from $65.00 to $50.00 and set a buy rating for the company in a report on Thursday, November 15th. Two 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 company. Edgewell Personal Care currently has an average rating of Hold and a consensus target price of $47.73.
Shares of Edgewell Personal Care stock opened at $42.34 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.87 and a current ratio of 1.46. Edgewell Personal Care has a twelve month low of $35.85 and a twelve month high of $59.16. The stock has a market capitalization of $2.29 billion, a P/E ratio of 11.44, a P/E/G ratio of 4.47 and a beta of 0.66.
Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, February 7th. The company reported $0.37 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.15. Edgewell Personal Care had a net margin of 4.33% and a return on equity of 11.57%. The business had revenue of $457.00 million for the quarter, compared to analyst estimates of $445.53 million. During the same period last year, the company posted $0.20 EPS. The business’s revenue was down 2.4% on a year-over-year basis. Sell-side analysts forecast that Edgewell Personal Care will post 3.38 EPS for the current year.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. CX Institutional acquired a new stake in Edgewell Personal Care in the 4th quarter valued at approximately $42,000. Eukles Asset Management acquired a new stake in Edgewell Personal Care in the 4th quarter valued at approximately $77,000. Strs Ohio increased its holdings in Edgewell Personal Care by 46.7% in the 4th quarter. Strs Ohio now owns 2,200 shares of the company’s stock valued at $82,000 after purchasing an additional 700 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Edgewell Personal Care by 17.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797 shares of the company’s stock valued at $142,000 after purchasing an additional 554 shares during the last quarter. Finally, Quantamental Technologies LLC acquired a new stake in Edgewell Personal Care in the 4th quarter valued at approximately $149,000.
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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