Gabelli Analysts Reduce Earnings Estimates for Edgewell Personal Care Co (EPC)

Gabelli Analysts Reduce Earnings Estimates for Edgewell Personal Care Co (EPC)

Edgewell Personal Care Co (NYSE:EPC) – Equities researchers at Gabelli lowered their FY2018 earnings estimates for shares of Edgewell Personal Care in a report issued on Wednesday. Gabelli analyst S. Donnelly now forecasts that the company will earn $4.15 per share for the year, down from their prior forecast of $4.25. Gabelli also issued estimates for Edgewell Personal Care’s FY2019 earnings at $4.50 EPS, FY2020 earnings at $4.90 EPS and FY2021 earnings at $5.40 EPS.

Other equities analysts have also recently issued reports about the company. Jefferies Group LLC reaffirmed a “buy” rating on shares of Edgewell Personal Care in a report on Monday, March 27th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $105.00 target price on shares of Edgewell Personal Care in a report on Friday, March 24th. Zacks Investment Research cut Edgewell Personal Care from a “buy” rating to a “hold” rating in a report on Tuesday, January 10th. Barclays PLC reaffirmed a “hold” rating and issued a $78.00 target price on shares of Edgewell Personal Care in a report on Tuesday, January 10th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and issued a $77.00 target price (up from $74.00) on shares of Edgewell Personal Care in a report on Wednesday. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Edgewell Personal Care currently has an average rating of “Hold” and an average price target of $87.00.

Shares of Edgewell Personal Care (NYSE:EPC) traded down 0.21% during trading on Thursday, hitting $74.78. The stock had a trading volume of 367,054 shares. Edgewell Personal Care has a 1-year low of $69.63 and a 1-year high of $88.00. The stock’s 50-day moving average price is $72.63 and its 200 day moving average price is $75.77. The firm has a market capitalization of $4.29 billion, a P/E ratio of 23.46 and a beta of 0.86.

A number of large investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. boosted its stake in Edgewell Personal Care by 28.6% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the company’s stock worth $132,000 after buying an additional 400 shares in the last quarter. Creative Planning boosted its stake in Edgewell Personal Care by 0.4% in the first quarter. Creative Planning now owns 1,989 shares of the company’s stock worth $145,000 after buying an additional 7 shares in the last quarter. Sei Investments Co. boosted its stake in Edgewell Personal Care by 27.0% in the third quarter. Sei Investments Co. now owns 1,923 shares of the company’s stock worth $153,000 after buying an additional 409 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Edgewell Personal Care during the first quarter worth approximately $212,000. Finally, Citizens Financial Group Inc RI boosted its stake in Edgewell Personal Care by 61.5% in the third quarter. Citizens Financial Group Inc RI now owns 3,206 shares of the company’s stock worth $255,000 after buying an additional 1,221 shares in the last quarter. 85.26% of the stock is currently owned by institutional investors and hedge funds.

About Edgewell Personal Care

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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