Edgewell Personal Care Co. (EPC) Trading 3.6% Higher
Edgewell Personal Care Co. (NYSE:EPC) traded up 3.6% on Thursday . The company traded as high as $79.27 and last traded at $78.95, with a volume of 725,190 shares changing hands. The stock had previously closed at $76.24.
A number of equities research analysts recently weighed in on the company. Jefferies Group dropped their price target on Edgewell Personal Care from $77.00 to $75.00 and set a “hold” rating on the stock in a research note on Thursday. Zacks Investment Research upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Wednesday, August 3rd. Citigroup Inc. dropped their price target on Edgewell Personal Care from $97.00 to $94.00 and set a “buy” rating on the stock in a research note on Wednesday, August 3rd. Finally, Goldman Sachs Group Inc. restated a “neutral” rating and issued a $93.00 price target (up previously from $88.00) on shares of Edgewell Personal Care in a research note on Friday, July 15th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Edgewell Personal Care has an average rating of “Hold” and a consensus price target of $87.25.
The stock has a 50 day moving average of $82.13 and a 200-day moving average of $80.66. The company’s market cap is $4.60 billion.
Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Tuesday, August 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by $0.12. The company earned $645.10 million during the quarter, compared to the consensus estimate of $647.55 million. The firm’s revenue was down 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.17 earnings per share. On average, equities research analysts anticipate that Edgewell Personal Care Co. will post $3.48 earnings per share for the current year.
A hedge fund recently raised its stake in Edgewell Personal Care stock. I.G. Investment Management LTD. increased its stake in shares of Edgewell Personal Care Co. (NYSE:EPC) by 53.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 49,095 shares of the company’s stock after buying an additional 17,204 shares during the period. I.G. Investment Management LTD. owned about 0.08% of Edgewell Personal Care worth $3,848,000 as of its most recent SEC filing.
Edgewell Personal Care Company, formerly Energizer Holdings, Inc, manufactures and markets personal care products in the wet shave, sun and skin care, feminine care and infant care categories. The Company operates through four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other. The Company has a portfolio of over 25 brands.
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