Edgewell Personal Care (NYSE:EPC) Issues Earnings Results

Edgewell Personal Care (NYSE:EPC) released its quarterly earnings results on Thursday. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.14), FiscalAI reports. The business had revenue of $537.20 million during the quarter, compared to analysts’ expectations of $532.67 million. Edgewell Personal Care had a net margin of 2.94% and a return on equity of 8.06%. The business’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.72 EPS. Edgewell Personal Care updated its FY 2026 guidance to 2.150-2.550 EPS.

Edgewell Personal Care Trading Down 2.7%

NYSE:EPC opened at $18.40 on Friday. The company has a market cap of $855.12 million, a PE ratio of 13.63 and a beta of 0.81. The company has a current ratio of 1.77, a quick ratio of 0.91 and a debt-to-equity ratio of 0.88. The company has a 50 day simple moving average of $20.11 and a two-hundred day simple moving average of $23.68. Edgewell Personal Care has a 12 month low of $18.30 and a 12 month high of $38.44.

Edgewell Personal Care Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 8th. Investors of record on Thursday, December 4th will be issued a $0.15 dividend. The ex-dividend date is Thursday, December 4th. This represents a $0.60 annualized dividend and a yield of 3.3%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 44.44%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Wells Fargo & Company cut their price target on shares of Edgewell Personal Care from $28.00 to $25.00 and set an “overweight” rating for the company in a research note on Thursday, September 25th. Canaccord Genuity Group cut their target price on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating for the company in a research report on Wednesday, August 6th. Barclays reduced their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. Morgan Stanley raised Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and reduced their price objective for the company from $26.00 to $23.00 in a research note on Wednesday, August 6th. Finally, Zacks Research raised shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $26.33.

Hedge Funds Weigh In On Edgewell Personal Care

Several institutional investors have recently made changes to their positions in the business. UBS Group AG raised its position in Edgewell Personal Care by 14.1% in the third quarter. UBS Group AG now owns 427,759 shares of the company’s stock worth $8,709,000 after acquiring an additional 52,746 shares during the period. AXA S.A. grew its holdings in Edgewell Personal Care by 26.6% during the second quarter. AXA S.A. now owns 273,691 shares of the company’s stock valued at $6,407,000 after purchasing an additional 57,449 shares during the period. First Trust Advisors LP increased its position in Edgewell Personal Care by 66.7% in the third quarter. First Trust Advisors LP now owns 153,571 shares of the company’s stock worth $3,127,000 after buying an additional 61,466 shares in the last quarter. Jane Street Group LLC raised its stake in shares of Edgewell Personal Care by 88.8% in the second quarter. Jane Street Group LLC now owns 153,288 shares of the company’s stock worth $3,588,000 after buying an additional 72,109 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Edgewell Personal Care by 16.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company’s stock valued at $3,656,000 after buying an additional 16,285 shares in the last quarter. Institutional investors own 91.91% of the company’s stock.

Edgewell Personal Care Company Profile

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.