Barclays Cuts Edgewell Personal Care (NYSE:EPC) Price Target to $30.00

Edgewell Personal Care (NYSE:EPC) had its price target cut by equities research analysts at Barclays from $33.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Barclays‘s target price would suggest a potential upside of 3.22% from the stock’s current price.

EPC has been the topic of a number of other research reports. Morgan Stanley lowered their target price on Edgewell Personal Care from $35.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday. Wells Fargo & Company lowered their price objective on Edgewell Personal Care from $37.00 to $35.00 and set an “overweight” rating on the stock in a research report on Tuesday. UBS Group decreased their price target on shares of Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Truist Financial dropped their price objective on shares of Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Finally, Royal Bank of Canada decreased their target price on shares of Edgewell Personal Care from $48.00 to $43.00 and set an “outperform” rating on the stock in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, Edgewell Personal Care has an average rating of “Hold” and a consensus price target of $38.43.

Edgewell Personal Care Stock Up 1.6 %

EPC opened at $29.07 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 0.81 and a debt-to-equity ratio of 0.80. The stock’s fifty day simple moving average is $33.79 and its 200 day simple moving average is $35.72. Edgewell Personal Care has a 1-year low of $26.65 and a 1-year high of $41.50. The stock has a market cap of $1.41 billion, a PE ratio of 14.66 and a beta of 0.88.

Edgewell Personal Care (NYSE:EPC) last posted its earnings results on Monday, February 10th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.06). Edgewell Personal Care had a return on equity of 9.78% and a net margin of 4.38%. As a group, research analysts expect that Edgewell Personal Care will post 3.19 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in EPC. AQR Capital Management LLC grew its holdings in Edgewell Personal Care by 43.6% during the 2nd quarter. AQR Capital Management LLC now owns 8,585 shares of the company’s stock worth $342,000 after acquiring an additional 2,606 shares during the last quarter. Inspire Investing LLC lifted its holdings in shares of Edgewell Personal Care by 28.8% in the 3rd quarter. Inspire Investing LLC now owns 11,308 shares of the company’s stock worth $411,000 after purchasing an additional 2,526 shares in the last quarter. Exchange Traded Concepts LLC grew its holdings in shares of Edgewell Personal Care by 9.1% during the third quarter. Exchange Traded Concepts LLC now owns 19,138 shares of the company’s stock valued at $695,000 after buying an additional 1,591 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in Edgewell Personal Care by 17.6% during the 3rd quarter. Wedge Capital Management L L P NC now owns 35,389 shares of the company’s stock worth $1,286,000 after purchasing an additional 5,289 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in Edgewell Personal Care by 14.0% during the third quarter. Blue Trust Inc. now owns 2,697 shares of the company’s stock worth $108,000 after buying an additional 332 shares in the last quarter. Institutional investors own 91.91% 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.