Edgewell Personal Care (NYSE:EPC) Price Target Lowered to $23.00 at Wells Fargo & Company

Edgewell Personal Care (NYSE:EPC) had its price objective lowered by equities research analysts at Wells Fargo & Company from $25.00 to $23.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 27.02% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the stock. Barclays dropped their price target on shares of Edgewell Personal Care from $26.00 to $22.00 and set an “equal weight” rating for the company in a research note on Wednesday, August 6th. Zacks Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a report on Monday, October 6th. UBS Group decreased 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 report on Wednesday, August 6th. Weiss Ratings restated a “sell (d+)” rating on shares of Edgewell Personal Care in a report on Wednesday, October 8th. Finally, Canaccord Genuity Group lowered their target price on 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. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $24.00.

Edgewell Personal Care Price Performance

Shares of Edgewell Personal Care stock traded down $0.28 during trading on Friday, reaching $18.11. The company’s stock had a trading volume of 137,086 shares, compared to its average volume of 669,753. Edgewell Personal Care has a one year low of $18.00 and a one year high of $38.44. The stock has a 50-day moving average price of $20.11 and a two-hundred day moving average price of $23.68. 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 stock has a market capitalization of $841.37 million, a P/E ratio of 13.45 and a beta of 0.81.

Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Thursday, November 13th. The company reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.14). The company had revenue of $537.20 million during the quarter, compared to the consensus estimate of $532.67 million. Edgewell Personal Care had a return on equity of 8.06% and a net margin of 2.94%.The company’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 2.150-2.550 EPS. As a group, sell-side analysts anticipate that Edgewell Personal Care will post 3.16 EPS for the current fiscal year.

Institutional Trading of Edgewell Personal Care

Hedge funds and other institutional investors have recently modified their holdings of the stock. Voya Investment Management LLC increased its holdings in shares of Edgewell Personal Care by 38.6% in the first quarter. Voya Investment Management LLC now owns 54,720 shares of the company’s stock valued at $1,708,000 after purchasing an additional 15,248 shares during the last quarter. Campbell & CO Investment Adviser LLC boosted its holdings in shares of Edgewell Personal Care by 327.9% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 52,759 shares of the company’s stock worth $1,235,000 after buying an additional 40,429 shares during the period. Invesco Ltd. grew its stake in Edgewell Personal Care by 1.3% in the 1st quarter. Invesco Ltd. now owns 435,529 shares of the company’s stock valued at $13,593,000 after buying an additional 5,401 shares during the last quarter. HighTower Advisors LLC grew its stake in Edgewell Personal Care by 35.3% in the 1st quarter. HighTower Advisors LLC now owns 14,568 shares of the company’s stock valued at $455,000 after buying an additional 3,804 shares during the last quarter. Finally, AlphaQuest LLC raised its holdings in Edgewell Personal Care by 13,501.5% in the 2nd quarter. AlphaQuest LLC now owns 8,841 shares of the company’s stock valued at $207,000 after acquiring an additional 8,776 shares during the period. Institutional investors and hedge funds own 91.91% 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.