Barclays set a $47.00 target price on Edgewell Personal Care (NYSE:EPC) in a research report report published on Saturday. The brokerage currently has a sell rating on the stock.

Several other analysts have also recently commented on the stock. Morgan Stanley lowered their target price on shares of Edgewell Personal Care from $65.00 to $56.00 and set an equal weight rating for the company in a research note on Friday, February 9th. Royal Bank of Canada reaffirmed a buy rating and issued a $72.00 target price on shares of Edgewell Personal Care in a research note on Friday, February 9th. Deutsche Bank lowered their target price on shares of Edgewell Personal Care from $65.00 to $53.00 and set a hold rating for the company in a research note on Friday, February 9th. Wells Fargo & Co reaffirmed a hold rating on shares of Edgewell Personal Care in a research note on Thursday, February 8th. Finally, Zacks Investment Research cut shares of Edgewell Personal Care from a hold rating to a sell rating in a research note on Monday, February 5th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $68.67.

Shares of Edgewell Personal Care (EPC) opened at $50.16 on Friday. The company has a market cap of $2,760.00, a P/E ratio of -128.62, a price-to-earnings-growth ratio of 2.79 and a beta of 0.75. The company has a quick ratio of 1.87, a current ratio of 2.65 and a debt-to-equity ratio of 1.01. Edgewell Personal Care has a 12 month low of $46.83 and a 12 month high of $82.06.

Edgewell Personal Care (NYSE:EPC) last released its earnings results on Thursday, February 8th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.57 by ($0.37). The firm had revenue of $468.30 million during the quarter, compared to analysts’ expectations of $470.63 million. Edgewell Personal Care had a positive return on equity of 11.24% and a negative net margin of 0.92%. The firm’s revenue was down 3.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.66 earnings per share. equities analysts anticipate that Edgewell Personal Care will post 3.9 earnings per share for the current fiscal year.

Edgewell Personal Care announced that its Board of Directors has initiated a stock buyback plan on Thursday, February 8th that authorizes the company to buyback 10,000,000 shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

In related news, VP Anthony J. Bender acquired 1,450 shares of the stock in a transaction dated Tuesday, February 13th. The stock was bought at an average cost of $50.02 per share, with a total value of $72,529.00. Following the purchase, the vice president now directly owns 14,359 shares of the company’s stock, valued at $718,237.18. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Daniel J. Heinrich acquired 1,000 shares of the stock in a transaction dated Monday, February 12th. The shares were bought at an average cost of $50.59 per share, with a total value of $50,590.00. Following the completion of the purchase, the director now directly owns 4,530 shares in the company, valued at $229,172.70. The disclosure for this purchase can be found here. Insiders have bought a total of 6,419 shares of company stock valued at $323,077 over the last three months. Corporate insiders own 0.97% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Caxton Associates LP purchased a new stake in shares of Edgewell Personal Care during the 3rd quarter valued at $1,819,000. Sei Investments Co. lifted its holdings in shares of Edgewell Personal Care by 9.6% during the 3rd quarter. Sei Investments Co. now owns 20,464 shares of the company’s stock valued at $1,489,000 after acquiring an additional 1,785 shares in the last quarter. Cubist Systematic Strategies LLC lifted its holdings in shares of Edgewell Personal Care by 110.8% during the 3rd quarter. Cubist Systematic Strategies LLC now owns 43,629 shares of the company’s stock valued at $3,175,000 after acquiring an additional 22,936 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of Edgewell Personal Care by 146.0% during the 3rd quarter. Jane Street Group LLC now owns 6,896 shares of the company’s stock valued at $502,000 after acquiring an additional 21,896 shares in the last quarter. Finally, State of Wisconsin Investment Board lifted its holdings in shares of Edgewell Personal Care by 8.8% during the 3rd quarter. State of Wisconsin Investment Board now owns 79,561 shares of the company’s stock valued at $5,790,000 after acquiring an additional 6,442 shares in the last quarter. 93.07% of the stock is owned by institutional investors.

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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.

Analyst Recommendations for Edgewell Personal Care (NYSE:EPC)

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