Edgewell Personal Care Co (EPC) Receives “Buy” Rating from Citigroup Inc

Edgewell Personal Care Co (EPC) Receives “Buy” Rating from Citigroup Inc

Several other brokerages have also commented on EPC. Jefferies Group LLC restated a “buy” rating on shares of Edgewell Personal Care in a research note on Monday, March 27th. Royal Bank of Canada set a $105.00 price target on shares of Edgewell Personal Care and gave the company a “buy” rating in a research note on Monday, February 27th. Barclays PLC set a $84.00 price target on shares of Edgewell Personal Care and gave the company a “hold” rating in a research note on Saturday, February 18th. Zacks Investment Research lowered shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a research note on Wednesday, April 5th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $77.00 price target (up previously from $74.00) on shares of Edgewell Personal Care in a research note on Wednesday, May 3rd. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $86.00.

Edgewell Personal Care Co (NYSE:EPC)‘s stock had its “buy” rating reaffirmed by equities researchers at Citigroup Inc in a report issued on Wednesday. They currently have a $86.00 price objective on the stock, down from their prior price objective of $91.00. Citigroup Inc’s price objective indicates a potential upside of 18.00% from the company’s previous close.

Shares of Edgewell Personal Care (NYSE:EPC) opened at 72.88 on Wednesday. The firm has a 50-day moving average price of $72.45 and a 200-day moving average price of $75.35. Edgewell Personal Care has a one year low of $69.63 and a one year high of $88.00. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 22.65 and a beta of 0.86.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings results on Tuesday, May 2nd. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.12 by $0.09. Edgewell Personal Care had a net margin of 8.01% and a return on equity of 11.46%. The company had revenue of $611 million for the quarter, compared to analyst estimates of $608.13 million. During the same quarter last year, the business earned $1.17 earnings per share. Edgewell Personal Care’s revenue was up .0% compared to the same quarter last year. Analysts anticipate that Edgewell Personal Care will post $3.84 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. raised its position in Edgewell Personal Care by 7,004.8% in the first quarter. BlackRock Inc. now owns 9,145,412 shares of the company’s stock worth $668,896,000 after buying an additional 9,016,691 shares in the last quarter. Vanguard Group Inc. raised its position in Edgewell Personal Care by 1.1% in the first quarter. Vanguard Group Inc. now owns 4,833,338 shares of the company’s stock worth $353,510,000 after buying an additional 51,079 shares in the last quarter. Credit Suisse AG raised its position in Edgewell Personal Care by 149.2% in the first quarter. Credit Suisse AG now owns 4,072,492 shares of the company’s stock worth $297,861,000 after buying an additional 2,438,114 shares in the last quarter. State Street Corp raised its position in Edgewell Personal Care by 1.9% in the first quarter. State Street Corp now owns 2,232,629 shares of the company’s stock worth $163,299,000 after buying an additional 42,194 shares in the last quarter. Finally, Gamco Investors INC. ET AL raised its position in Edgewell Personal Care by 3.1% in the first quarter. Gamco Investors INC. ET AL now owns 1,930,745 shares of the company’s stock worth $141,215,000 after buying an additional 58,805 shares in the last quarter. Institutional investors and hedge funds own 85.26% of the company’s stock.

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “EPC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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