Stock analysts expect Edgewell Personal Care Co (NYSE:EPC – Get Rating) to report earnings of $0.55 per share for the current fiscal quarter, Zacks reports. Four analysts released earnings estimates for Edgewell Personal Care. The highest EPS estimate is $0.59 and the lowest is $0.49. Edgewell Personal Care reported earnings per share of $0.70 in the same quarter last year, indicating a negative 21.4% year-over-year growth rate. The company is expected to announce its next quarterly results before the market opens on Monday, January 1.
According to Zacks, analysts expect Edgewell Personal Care to report annual earnings of $2.81 per share for the current year, with EPS estimates ranging from $2.72 to $2.89. For the next fiscal year, analysts expect the company to post earnings of $3.13 per share, with EPS estimates ranging from $2.98 to $3.38. Zacks Investment Research EPS averages are an average average based on a survey of research companies that cover Edgewell Personal Care.
Edgewell Personal Care (NYSE:EPC – Get Rating) last released its quarterly results on Tuesday, February 8. The company reported earnings per share (EPS) of $0.42 for the quarter, beating the Zacks consensus estimate of $0.41 by $0.01. Edgewell Personal Care had a return on equity of 10.90% and a net margin of 5.26%. The company posted revenue of $463.30 million in the quarter, compared to $467.41 million expected by analysts. In the same period a year earlier, the company posted earnings per share of $0.43. The company’s revenue for the quarter increased by 2.7% compared to the same quarter last year.
Several analysts have weighed in on the company. Zacks Investment Research upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a Thursday, April 7 report. Barclays lowered its price target on Edgewell Personal Care from $46.00 to $34.00 in a Thursday, February 10 report. Goldman Sachs Group lowered its price target on Edgewell Personal Care from $57.00 to $53.00 in a Tuesday, March 29 report. Morgan Stanley lowered its price target on Edgewell Personal Care from $46.00 to $43.00 and set an “equal weight” rating for the company in a Thursday, February 10 report. Finally, StockNews.com took over coverage of Edgewell Personal Care in a Thursday, March 31 report. They set a “hold” rating for the company. Six research analysts gave the stock a hold rating and two gave the company a buy rating. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $46.67.
Edgewell Personal Care stock opened at $38.14 on Monday. The company has a 50-day simple moving average of $36.68. The company has a debt ratio of 0.92, a current ratio of 2.00 and a quick ratio of 1.16. Edgewell Personal Care has a 12 month minimum of $33.80 and a 12 month maximum of $51.86. The company has a market capitalization of $2.06 billion, a PE ratio of 19.07 and a beta of 1.00.
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 5. Shareholders of record on Tuesday, March 8 received a dividend of $0.15. The ex-dividend date was Monday, March 7. This represents a dividend of $0.60 on an annualized basis and a dividend yield of 1.57%. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 30.00%.
In related news, insider Eric F. O’toole sold 7,000 shares of the company in a trade that took place on Tuesday, March 15. The stock was sold at an average price of $37.00, for a total value of $259,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available via this link. 1.38% of the shares are currently held by insiders.
Institutional investors and hedge funds have recently changed their stock holdings. Oppenheimer Asset Management Inc. increased its position in Edgewell Personal Care shares by 12.5% in the fourth quarter. Oppenheimer Asset Management Inc. now owns 7,103 shares of the company valued at $325,000 after purchasing an additional 790 shares during the period. Voloridge Investment Management LLC bought a new position in Edgewell Personal Care during Q3 worth $259,000. Allspring Global Investments Holdings LLC bought a new position in Edgewell Personal Care during Q4 for a value of $26,444,000. Alliancebernstein LP increased its position in Edgewell Personal Care by 25.7% during the third quarter. Alliancebernstein LP now owns 103,501 shares of the company worth $3,757,000 after purchasing an additional 21,145 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in Edgewell Personal Care during the 4th quarter at a value of $216,000. Institutional investors and hedge funds own 91.78% of the company’s shares.
Edgewell Personal Care Company Profile (Get a rating)
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shaving, sun and skin care, feminine care and baby care categories. As of September 30, 2016, the Company had a portfolio of more than 25 brands. It operates its business in four segments: Wet Shave, Sun & Skin Care, Feminine Care and All Others.
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