Edgewell Personal Care Co. (EPC) Shares Down 1.5%
Edgewell Personal Care Co. (NYSE:EPC)’s share price fell 1.5% during trading on Wednesday . The company traded as low as $82.37 and last traded at $84.20, with a volume of 680,076 shares traded. The stock had previously closed at $85.48.
A number of brokerages have recently commented on EPC. Jefferies Group lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating and reduced their target price for the stock from $95.00 to $87.00 in a research report on Tuesday, May 3rd. Zacks Investment Research lowered shares of Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Tuesday, April 19th. Finally, Goldman Sachs Group Inc. reissued a “neutral” rating and set a $93.00 price objective (up from $88.00) on shares of Edgewell Personal Care in a report on Friday, July 15th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $88.75.
The firm’s 50 day moving average is $83.43 and its 200 day moving average is $79.48. The stock’s market capitalization is $4.93 billion.
Edgewell Personal Care (NYSE:EPC) last announced its earnings results on Friday, April 29th. The company reported $1.17 earnings per share for the quarter, hitting the consensus estimate of $1.17. The business had revenue of $611.20 million for the quarter, compared to analysts’ expectations of $608.18 million. The firm’s quarterly revenue was down 6.1% on a year-over-year basis. Analysts anticipate that Edgewell Personal Care Co. will post $3.41 EPS for the current year.
Other large investors have recently made changes to their positions in the company. Diamond Hill Capital Management Inc. increased its stake in shares of Edgewell Personal Care by 8.5% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 329,177 shares of the company’s stock worth $25,798,000 after buying an additional 25,676 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Edgewell Personal Care by 66.2% in the fourth quarter. Marshall Wace LLP now owns 100,339 shares of the company’s stock worth $7,863,000 after buying an additional 39,953 shares in the last quarter. Eaton Vance Management increased its stake in shares of Edgewell Personal Care by 28.5% in the fourth quarter. Eaton Vance Management now owns 23,870 shares of the company’s stock worth $2,391,000 after buying an additional 5,295 shares in the last quarter. UBS Oconnor LLC purchased a new stake in shares of Edgewell Personal Care during the fourth quarter worth approximately $14,098,000. Finally, Andra AP fonden increased its stake in shares of Edgewell Personal Care by 127.4% in the fourth quarter. Andra AP fonden now owns 19,100 shares of the company’s stock worth $1,497,000 after buying an additional 10,700 shares in the last quarter.
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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