Morgan Stanley set a $45.00 price objective on Edgewell Personal Care (NYSE:EPC) in a report issued on Thursday morning. The firm currently has a hold rating on the stock.

Several other analysts have also recently issued reports on EPC. Royal Bank of Canada reiterated a buy rating and set a $64.00 target price on shares of Edgewell Personal Care in a research report on Wednesday, November 14th. Zacks Investment Research upgraded Edgewell Personal Care from a sell rating to a hold rating in a research report on Thursday, November 8th. Jefferies Financial Group reiterated a hold rating and set a $49.00 target price on shares of Edgewell Personal Care in a research report on Tuesday, November 13th. Deutsche Bank cut their target price on Edgewell Personal Care from $49.00 to $43.00 and set a hold rating for the company in a research report on Wednesday, November 14th. Finally, UBS Group cut their target price on Edgewell Personal Care from $51.00 to $46.00 and set a neutral rating for the company in a research report on Wednesday, November 14th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $49.18.

Shares of EPC opened at $43.43 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.33 and a quick ratio of 0.87. The stock has a market capitalization of $2.35 billion, a price-to-earnings ratio of 12.30, a P/E/G ratio of 4.01 and a beta of 0.73. Edgewell Personal Care has a 52 week low of $39.50 and a 52 week high of $62.67.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Tuesday, November 13th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.04. Edgewell Personal Care had a return on equity of 11.19% and a net margin of 4.62%. The firm had revenue of $537.40 million during the quarter, compared to analysts’ expectations of $555.76 million. During the same quarter last year, the business posted $1.00 earnings per share. The firm’s revenue was down 4.9% on a year-over-year basis. As a group, research analysts anticipate that Edgewell Personal Care will post 3.4 earnings per share for the current fiscal year.

A number of institutional investors have recently made changes to their positions in EPC. BlackRock Inc. boosted its stake in Edgewell Personal Care by 15.3% during the second quarter. BlackRock Inc. now owns 9,272,107 shares of the company’s stock valued at $467,871,000 after buying an additional 1,231,893 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Edgewell Personal Care by 48.2% during the second quarter. Dimensional Fund Advisors LP now owns 1,999,604 shares of the company’s stock valued at $100,897,000 after buying an additional 650,234 shares during the last quarter. FMR LLC boosted its stake in Edgewell Personal Care by 33.9% during the second quarter. FMR LLC now owns 1,432,593 shares of the company’s stock valued at $72,289,000 after buying an additional 362,477 shares during the last quarter. Northern Trust Corp boosted its stake in Edgewell Personal Care by 77.4% during the second quarter. Northern Trust Corp now owns 782,980 shares of the company’s stock valued at $39,509,000 after buying an additional 341,571 shares during the last quarter. Finally, Millennium Management LLC boosted its stake in Edgewell Personal Care by 130.3% during the second quarter. Millennium Management LLC now owns 382,481 shares of the company’s stock valued at $19,300,000 after buying an additional 216,398 shares during the last quarter. 99.13% of the stock is owned by institutional investors.

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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Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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