Edgewell Personal Care (NYSE:EPC) Given New $35.00 Price Target at Wells Fargo & Company

Edgewell Personal Care (NYSE:EPC) had its price target reduced by investment analysts at Wells Fargo & Company from $37.00 to $35.00 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 22.31% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Barclays decreased their price target on shares of Edgewell Personal Care from $36.00 to $33.00 and set an “equal weight” rating on the stock in a research note on Friday, January 17th. UBS Group lowered their target price on Edgewell Personal Care from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Finally, Truist Financial dropped their price target on Edgewell Personal Care from $50.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $38.17.

Edgewell Personal Care Trading Down 9.4 %

Shares of NYSE:EPC opened at $28.62 on Tuesday. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 14.60 and a beta of 0.88. The business’s 50 day moving average price is $33.79 and its 200-day moving average price is $35.72. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.66 and a quick ratio of 0.81. Edgewell Personal Care has a 1 year low of $26.65 and a 1 year high of $41.50.

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. R Squared Ltd purchased a new position in Edgewell Personal Care in the fourth quarter valued at $36,000. Wolverine Asset Management LLC increased its holdings in shares of Edgewell Personal Care by 217.4% in the 4th quarter. Wolverine Asset Management LLC now owns 1,168 shares of the company’s stock valued at $39,000 after acquiring an additional 800 shares during the last quarter. Prospera Private Wealth LLC acquired a new stake in shares of Edgewell Personal Care during the 3rd quarter worth about $48,000. KBC Group NV lifted its stake in Edgewell Personal Care by 56.5% during the fourth quarter. KBC Group NV now owns 2,279 shares of the company’s stock worth $77,000 after purchasing an additional 823 shares during the last quarter. Finally, TD Private Client Wealth LLC boosted its holdings in Edgewell Personal Care by 33.1% in the third quarter. TD Private Client Wealth LLC now owns 2,788 shares of the company’s stock valued at $101,000 after purchasing an additional 693 shares in the last quarter. Hedge funds and other institutional investors own 91.91% of the company’s stock.

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.