Edgewell Personal Care Co (NYSE:EPC) – Stock analysts at SunTrust Banks increased their Q4 2019 EPS estimates for Edgewell Personal Care in a research report issued on Tuesday, May 28th, Zacks Investment Research reports. SunTrust Banks analyst W. Chappell now anticipates that the company will post earnings of $1.01 per share for the quarter, up from their prior estimate of $1.00. SunTrust Banks currently has a “Hold” rating and a $35.00 price target on the stock.
Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Thursday, May 9th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.00 by $0.13. Edgewell Personal Care had a return on equity of 10.94% and a net margin of 3.67%. The firm had revenue of $546.70 million for the quarter, compared to the consensus estimate of $562.22 million. During the same period in the prior year, the business posted $1.31 earnings per share. The company’s revenue for the quarter was down 10.1% on a year-over-year basis.
Other research analysts have also recently issued research reports about the company. Zacks Investment Research raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Monday, May 6th. ValuEngine cut Edgewell Personal Care from a “sell” rating to a “strong sell” rating in a research note on Thursday, May 9th. Finally, Wells Fargo & Co increased their price objective on Edgewell Personal Care from $39.00 to $41.00 and gave the stock a “market perform” rating in a research note on Tuesday, April 16th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $44.91.
Shares of NYSE EPC traded down $0.62 during midday trading on Friday, hitting $27.25. The company’s stock had a trading volume of 725,460 shares, compared to its average volume of 653,995. The company has a current ratio of 2.01, a quick ratio of 1.24 and a debt-to-equity ratio of 0.74. The business’s 50 day moving average price is $32.14. Edgewell Personal Care has a 12-month low of $27.21 and a 12-month high of $59.16. The firm has a market capitalization of $1.51 billion, a price-to-earnings ratio of 7.74, a P/E/G ratio of 3.10 and a beta of 0.92.
In related news, CEO Rod R. Little bought 9,300 shares of the company’s stock in a transaction on Tuesday, May 21st. The shares were acquired at an average price of $32.00 per share, with a total value of $297,600.00. Following the transaction, the chief executive officer now owns 14,575 shares of the company’s stock, valued at $466,400. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Daniel J. Heinrich bought 3,000 shares of the company’s stock in a transaction on Monday, May 13th. The shares were bought at an average cost of $32.55 per share, for a total transaction of $97,650.00. Following the transaction, the director now directly owns 7,530 shares in the company, valued at approximately $245,101.50. The disclosure for this purchase can be found here. In the last three months, insiders purchased 33,300 shares of company stock worth $1,079,832. 0.99% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its holdings in shares of Edgewell Personal Care by 1.6% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 21,505 shares of the company’s stock valued at $803,000 after purchasing an additional 346 shares during the last quarter. Retirement Systems of Alabama lifted its holdings in shares of Edgewell Personal Care by 0.5% during the 1st quarter. Retirement Systems of Alabama now owns 70,448 shares of the company’s stock valued at $3,092,000 after purchasing an additional 380 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Edgewell Personal Care by 1.1% during the 4th quarter. Arizona State Retirement System now owns 38,787 shares of the company’s stock valued at $1,449,000 after purchasing an additional 416 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of Edgewell Personal Care by 5.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 7,706 shares of the company’s stock valued at $288,000 after purchasing an additional 416 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. lifted its holdings in shares of Edgewell Personal Care by 7.2% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 6,667 shares of the company’s stock valued at $249,000 after purchasing an additional 450 shares during the last quarter. 93.75% of the stock is currently owned by institutional investors and hedge funds.
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.