Edgewell Personal Care (NYSE:EPC) Hits New 52-Week Low – Time to Sell?

Shares of Edgewell Personal Care Company (NYSE:EPC) reached a new 52-week low on Monday . The stock traded as low as $18.51 and last traded at $18.7350, with a volume of 657236 shares. The stock had previously closed at $18.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on EPC shares. Weiss Ratings restated a “sell (d+)” rating on shares of Edgewell Personal Care in a research note on Wednesday, October 8th. Canaccord Genuity Group cut their price objective on shares of Edgewell Personal Care from $35.00 to $32.00 and set a “buy” rating for the company in a research note on Wednesday, August 6th. UBS Group cut their price target on shares of Edgewell Personal Care from $28.00 to $21.00 and set a “neutral” rating for the company in a research report on Wednesday, August 6th. Morgan Stanley raised shares of Edgewell Personal Care from an “underweight” rating to an “equal weight” rating and decreased their target price for the stock from $26.00 to $23.00 in a research note on Wednesday, August 6th. Finally, Barclays cut 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 report on Wednesday, August 6th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $26.33.

Edgewell Personal Care Stock Performance

The firm has a market capitalization of $866.79 million, a P/E ratio of 13.80 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 business’s 50 day simple moving average is $20.52 and its two-hundred day simple moving average is $23.92.

Institutional Investors Weigh In On Edgewell Personal Care

Large investors have recently bought and sold shares of the business. Harbor Capital Advisors Inc. boosted its holdings in shares of Edgewell Personal Care by 3.4% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,022 shares of the company’s stock valued at $326,000 after acquiring an additional 527 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Edgewell Personal Care by 4.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,074 shares of the company’s stock worth $283,000 after purchasing an additional 532 shares during the last quarter. TD Private Client Wealth LLC grew its position in Edgewell Personal Care by 24.1% in the 1st quarter. TD Private Client Wealth LLC now owns 3,533 shares of the company’s stock worth $110,000 after purchasing an additional 686 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Edgewell Personal Care by 238.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 975 shares of the company’s stock valued at $30,000 after buying an additional 687 shares during the period. Finally, Central Pacific Bank Trust Division boosted its stake in shares of Edgewell Personal Care by 3.9% in the 3rd quarter. Central Pacific Bank Trust Division now owns 19,800 shares of the company’s stock worth $403,000 after buying an additional 750 shares during the last quarter. 91.91% of the stock is currently owned by institutional investors.

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.