Edgewell Personal Care (EPC) Upgraded to “Hold” by Zacks Investment Research

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Edgewell Personal Care (NYSE:EPC) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued on Tuesday, Zacks.com reports.

According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “

EPC has been the topic of a number of other research reports. Bank of America upgraded shares of Edgewell Personal Care from an “underperform” rating to a “neutral” rating and set a $46.00 target price on the stock in a report on Friday, February 8th. Barclays set a $37.00 target price on shares of Edgewell Personal Care and gave the company a “sell” rating in a report on Saturday, February 9th. SunTrust Banks boosted their target price on shares of Edgewell Personal Care to $45.00 and gave the company a “hold” rating in a report on Monday, March 4th. ValuEngine upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “sell” rating in a report on Wednesday, February 13th. Finally, Jefferies Financial Group restated a “hold” rating and set a $38.00 target price on shares of Edgewell Personal Care in a report on Thursday, February 7th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $45.82.

Shares of Edgewell Personal Care stock opened at $43.32 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 0.87 and a debt-to-equity ratio of 0.65. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 4.84 and a beta of 0.69. Edgewell Personal Care has a 12-month low of $35.85 and a 12-month high of $59.16.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Thursday, February 7th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.15. The business had revenue of $457.00 million for the quarter, compared to the consensus estimate of $445.53 million. Edgewell Personal Care had a net margin of 4.33% and a return on equity of 11.57%. The company’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 EPS. On average, analysts forecast that Edgewell Personal Care will post 3.4 earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the stock. CX Institutional bought a new position in Edgewell Personal Care during the 4th quarter valued at about $42,000. Eukles Asset Management bought a new position in Edgewell Personal Care during the 4th quarter valued at about $77,000. Strs Ohio lifted its stake in Edgewell Personal Care by 46.7% during the 4th quarter. Strs Ohio now owns 2,200 shares of the company’s stock valued at $82,000 after acquiring an additional 700 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Edgewell Personal Care by 17.1% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,797 shares of the company’s stock valued at $142,000 after acquiring an additional 554 shares during the period. Finally, Quantamental Technologies LLC bought a new position in Edgewell Personal Care during the 4th quarter valued at about $149,000. Institutional investors own 97.12% 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.

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