Edgewell Personal Care Co to Post FY2018 Earnings of $4.14 Per Share, SunTrust Banks Forecasts (EPC)

Edgewell Personal Care Co (NYSE:EPC) – Stock analysts at SunTrust Banks upped their FY2018 earnings per share (EPS) estimates for Edgewell Personal Care in a research note issued on Monday. SunTrust Banks analyst W. Chappell now anticipates that the company will post earnings per share of $4.14 for the year, up from their prior forecast of $3.80. SunTrust Banks currently has a “Hold” rating and a $65.00 price target on the stock.

Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 9th. The company reported $1.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.03). The company had revenue of $564.90 million during the quarter, compared to analyst estimates of $588.28 million. Edgewell Personal Care had a net margin of 0.25% and a return on equity of 12.54%. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 EPS.

Other equities research analysts have also issued research reports about the stock. Wells Fargo & Co restated a “market perform” rating and issued a $59.00 target price on shares of Edgewell Personal Care in a research note on Monday, December 18th. Zacks Investment Research upgraded shares of Edgewell Personal Care from a “strong sell” rating to a “hold” rating in a research note on Wednesday. KeyCorp reiterated a “hold” rating on shares of Edgewell Personal Care in a research note on Monday, October 16th. Bank of America dropped their price objective on shares of Edgewell Personal Care from $79.00 to $77.00 and set a “neutral” rating on the stock in a research note on Friday, October 13th. Finally, Citigroup dropped their price objective on shares of Edgewell Personal Care from $87.00 to $77.00 and set a “buy” rating on the stock in a research note on Friday, November 10th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $74.83.

Shares of Edgewell Personal Care (NYSE EPC) traded up $0.73 during trading on Wednesday, hitting $60.30. 387,008 shares of the stock were exchanged, compared to its average volume of 593,989. The firm has a market cap of $3,320.00, a price-to-earnings ratio of 861.43, a PEG ratio of 3.41 and a beta of 0.89. The company has a current ratio of 2.26, a quick ratio of 1.63 and a debt-to-equity ratio of 0.88. Edgewell Personal Care has a 1-year low of $55.94 and a 1-year high of $82.06.

Several large investors have recently made changes to their positions in EPC. Magnetar Financial LLC acquired a new stake in shares of Edgewell Personal Care in the third quarter valued at approximately $208,000. Virginia Retirement Systems ET AL acquired a new stake in shares of Edgewell Personal Care in the third quarter valued at approximately $211,000. Fox Run Management L.L.C. acquired a new stake in shares of Edgewell Personal Care in the third quarter valued at approximately $233,000. Bayesian Capital Management LP acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at approximately $240,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Edgewell Personal Care in the second quarter valued at approximately $286,000. Institutional investors own 93.22% of the company’s stock.

In other Edgewell Personal Care news, Director Daniel J. Heinrich acquired 1,500 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were purchased at an average price of $57.08 per share, for a total transaction of $85,620.00. Following the completion of the purchase, the director now directly owns 3,530 shares in the company, valued at $201,492.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.97% of the stock is owned by corporate insiders.

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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.

Earnings History and Estimates for Edgewell Personal Care (NYSE:EPC)

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