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.
COPYRIGHT VIOLATION WARNING: This article was posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.dispatchtribunal.com/2018/01/11/edgewell-personal-care-co-to-post-fy2018-earnings-of-4-14-per-share-suntrust-banks-forecasts-epc.html.
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.
Receive News & Ratings for Edgewell Personal Care Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edgewell Personal Care and related companies with MarketBeat.com's FREE daily email newsletter.