Edgewell Personal Care Co (EPC) Stock Rating Reaffirmed by Jefferies Group LLC

Edgewell Personal Care Co (NYSE:EPC)‘s stock had its “hold” rating reaffirmed by investment analysts at Jefferies Group LLC in a research note issued on Thursday. They currently have a $78.00 price objective on the stock, up from their previous price objective of $77.00. Jefferies Group LLC’s price target points to a potential upside of 3.99% from the stock’s previous close. Jefferies Group also issued estimates for Edgewell Personal Care’s Q4 2017 earnings at $0.98 EPS, FY2017 earnings at $3.95 EPS, FY2018 earnings at $4.12 EPS and FY2019 earnings at $4.38 EPS.

EPC has been the subject of several other research reports. Zacks Investment Research upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. Deutsche Bank AG restated a “hold” rating and issued a $77.00 price objective (up previously from $74.00) on shares of Edgewell Personal Care in a research note on Wednesday, May 3rd. TheStreet upgraded shares of Edgewell Personal Care from a “c” rating to a “b” rating in a research note on Thursday, June 22nd. Societe Generale upgraded shares of Edgewell Personal Care from a “hold” rating to a “buy” rating and upped their price objective for the company from $83.00 to $90.00 in a research note on Thursday, June 22nd. Finally, BidaskClub upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Thursday, June 15th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. Edgewell Personal Care presently has an average rating of “Hold” and an average target price of $85.22.

Shares of Edgewell Personal Care (NYSE:EPC) traded down 0.44% during trading on Thursday, reaching $74.68. The company had a trading volume of 22,122 shares. The firm has a 50-day moving average of $73.52 and a 200 day moving average of $74.21. Edgewell Personal Care has a 1-year low of $69.63 and a 1-year high of $84.45. The firm has a market capitalization of $4.25 billion, a PE ratio of 21.02 and a beta of 0.95.

Edgewell Personal Care (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.31. Edgewell Personal Care had a net margin of 8.61% and a return on equity of 11.70%. The company had revenue of $637.50 million during the quarter, compared to the consensus estimate of $648.13 million. During the same quarter in the prior year, the firm posted $0.66 earnings per share. Edgewell Personal Care’s revenue for the quarter was down 1.2% on a year-over-year basis. Analysts expect that Edgewell Personal Care will post $3.97 earnings per share for the current year.

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Several large investors have recently made changes to their positions in EPC. The Manufacturers Life Insurance Company boosted its stake in shares of Edgewell Personal Care by 1.4% in the second quarter. The Manufacturers Life Insurance Company now owns 84,320 shares of the company’s stock worth $6,410,000 after buying an additional 1,177 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Edgewell Personal Care by 2,405.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 210,472 shares of the company’s stock worth $16,000,000 after buying an additional 202,072 shares during the last quarter. Cubist Systematic Strategies LLC boosted its stake in shares of Edgewell Personal Care by 156.4% in the second quarter. Cubist Systematic Strategies LLC now owns 20,693 shares of the company’s stock worth $1,573,000 after buying an additional 12,622 shares during the last quarter. Point72 Europe London LLP boosted its stake in shares of Edgewell Personal Care by 71.4% in the second quarter. Point72 Europe London LLP now owns 60,000 shares of the company’s stock worth $4,561,000 after buying an additional 25,000 shares during the last quarter. Finally, BlueCrest Capital Management Ltd acquired a new stake in shares of Edgewell Personal Care during the second quarter worth approximately $2,353,000. 93.23% of the stock is owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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