Zacks Investment Research lowered shares of Edgewell Personal Care (NYSE:EPC) from a hold rating to a sell rating in a research note released on Tuesday morning.

According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “

Several other brokerages also recently weighed in on EPC. Societe Generale downgraded shares of Edgewell Personal Care from a buy rating to a hold rating in a report on Thursday, August 9th. Morgan Stanley lifted their price target on shares of Edgewell Personal Care from $49.00 to $53.00 and gave the company an equal weight rating in a report on Friday, August 31st. Bank of America lifted their price target on shares of Edgewell Personal Care from $45.00 to $50.00 and gave the company an underperform rating in a report on Monday, July 16th. Wells Fargo & Co reaffirmed a hold rating on shares of Edgewell Personal Care in a report on Tuesday, August 7th. Finally, TheStreet raised shares of Edgewell Personal Care from a d+ rating to a c- rating in a report on Wednesday, August 22nd. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $54.18.

NYSE:EPC traded up $0.99 during trading hours on Tuesday, hitting $45.59. 634,576 shares of the stock traded hands, compared to its average volume of 757,099. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.25 and a quick ratio of 0.79. Edgewell Personal Care has a 1 year low of $39.50 and a 1 year high of $72.50. The company has a market capitalization of $2.50 billion, a P/E ratio of 11.48, a P/E/G ratio of 4.43 and a beta of 0.95.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings results on Tuesday, August 7th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.13. Edgewell Personal Care had a negative net margin of 2.85% and a positive return on equity of 10.99%. The business had revenue of $620.60 million for the quarter, compared to the consensus estimate of $619.95 million. During the same quarter in the previous year, the firm earned $1.11 earnings per share. The company’s revenue for the quarter was down 2.7% on a year-over-year basis. On average, sell-side analysts anticipate that Edgewell Personal Care will post 3.48 earnings per share for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in EPC. BlackRock Inc. increased its position in Edgewell Personal Care by 15.3% in the second quarter. BlackRock Inc. now owns 9,272,107 shares of the company’s stock worth $467,871,000 after purchasing an additional 1,231,893 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Edgewell Personal Care by 48.2% in the second quarter. Dimensional Fund Advisors LP now owns 1,999,604 shares of the company’s stock worth $100,897,000 after purchasing an additional 650,234 shares during the last quarter. FMR LLC increased its position in Edgewell Personal Care by 33.9% in the second quarter. FMR LLC now owns 1,432,593 shares of the company’s stock worth $72,289,000 after purchasing an additional 362,477 shares during the last quarter. American Century Companies Inc. increased its position in Edgewell Personal Care by 16.3% in the second quarter. American Century Companies Inc. now owns 1,225,596 shares of the company’s stock worth $61,844,000 after purchasing an additional 171,580 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Edgewell Personal Care by 11.3% in the second quarter. Bank of New York Mellon Corp now owns 988,248 shares of the company’s stock worth $49,867,000 after purchasing an additional 100,110 shares during the last quarter. 95.04% of the stock is currently owned by hedge funds and other institutional investors.

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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