Wells Fargo & Company Cuts Edgewell Personal Care (NYSE:EPC) Price Target to $30.00

Edgewell Personal Care (NYSE:EPC) had its target price decreased by Wells Fargo & Company from $32.00 to $30.00 in a research note issued to investors on Monday,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

A number of other equities analysts have also issued reports on the stock. Royal Bank Of Canada increased their target price on shares of Edgewell Personal Care from $26.00 to $35.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Canaccord Genuity Group boosted their price target on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Morgan Stanley set a $31.00 price target on shares of Edgewell Personal Care in a research note on Thursday, August 6th. UBS Group increased their price objective on shares of Edgewell Personal Care from $29.00 to $32.00 and gave the company a “neutral” rating in a report on Thursday, August 6th. Finally, Weiss Ratings raised Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 25th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $31.83.

Edgewell Personal Care Trading Up 2.5%

Shares of EPC stock opened at $27.55 on Monday. Edgewell Personal Care has a 1 year low of $15.73 and a 1 year high of $29.95. The firm has a market capitalization of $1.27 billion, a PE ratio of -13.78 and a beta of 0.34. The stock has a fifty day moving average of $27.85 and a two-hundred day moving average of $24.47. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.12 and a current ratio of 1.84.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.08. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%.The company had revenue of $570.10 million for the quarter, compared to analyst estimates of $574.87 million. During the same period last year, the company earned $1.04 earnings per share. The company’s quarterly revenue was down 9.1% compared to the same quarter last year. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. As a group, research analysts expect that Edgewell Personal Care will post 1.94 EPS for the current year.

Edgewell Personal Care Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 9th will be given a $0.15 dividend. The ex-dividend date is Wednesday, September 9th. This represents a $0.60 annualized dividend and a yield of 2.2%. Edgewell Personal Care’s payout ratio is -30.00%.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors and hedge funds have recently bought and sold shares of EPC. EverSource Wealth Advisors LLC raised its holdings in shares of Edgewell Personal Care by 679.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,279 shares of the company’s stock worth $27,000 after purchasing an additional 1,115 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Edgewell Personal Care during the second quarter valued at approximately $27,000. Integrated Wealth Concepts LLC bought a new stake in Edgewell Personal Care during the second quarter worth approximately $27,000. Public Employees Retirement System of Ohio bought a new stake in Edgewell Personal Care during the second quarter worth approximately $89,000. Finally, Quantbot Technologies LP acquired a new position in Edgewell Personal Care in the second quarter worth approximately $166,000. 91.91% of the stock is owned by institutional investors and hedge funds.

Edgewell Personal Care Company Profile

Edgewell Personal Care Co (NYSE:EPC) is a global consumer products company focused on personal care. Its portfolio includes shaving, sun and skin care, and feminine care products sold under a range of established brands.

The company’s shaving brands include Schick, Wilkinson Sword, Edge, and Skintimate. Its sun and skin care portfolio includes Banana Boat, Hawaiian Tropic, Bulldog, and Jack Black, while its feminine care products include Playtex, Stayfree, and Carefree. Edgewell sells products through mass retailers, supermarkets, drugstores, specialty retailers, e-commerce channels, and other distribution networks.

Edgewell was established in 2015 when Energizer Holdings separated its personal care business into an independent publicly traded company.