Equities analysts predict that Edgewell Personal Care Co (NYSE:EPC) will announce earnings per share (EPS) of $0.57 for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Edgewell Personal Care’s earnings, with the lowest EPS estimate coming in at $0.54 and the highest estimate coming in at $0.62. Edgewell Personal Care reported earnings per share of $0.66 in the same quarter last year, which would indicate a negative year over year growth rate of 13.6%. The business is expected to report its next earnings report before the market opens on Thursday, February 8th.
According to Zacks, analysts expect that Edgewell Personal Care will report full-year earnings of $3.92 per share for the current year, with EPS estimates ranging from $3.73 to $4.14. For the next fiscal year, analysts anticipate that the company will report earnings of $4.06 per share, with EPS estimates ranging from $3.92 to $4.15. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Edgewell Personal Care.
Edgewell Personal Care (NYSE:EPC) last issued its earnings results on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.03). Edgewell Personal Care had a return on equity of 12.54% and a net margin of 0.25%. The firm had revenue of $564.90 million for the quarter, compared to analysts’ expectations of $588.28 million. During the same period last year, the firm earned $1.06 earnings per share. Edgewell Personal Care’s revenue for the quarter was down 7.5% on a year-over-year basis.
A number of brokerages have commented on EPC. Zacks Investment Research downgraded shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Bank of America reduced their target price 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. KeyCorp reaffirmed a “hold” rating on shares of Edgewell Personal Care in a research note on Monday, October 16th. Jefferies Group reaffirmed a “hold” rating and set a $78.00 target price on shares of Edgewell Personal Care in a research note on Thursday, October 19th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $59.00 target price on shares of Edgewell Personal Care in a research note on Monday, December 18th. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $74.83.
Shares of Edgewell Personal Care (EPC) traded down $1.79 during mid-day trading on Thursday, reaching $53.46. 681,905 shares of the company’s stock were exchanged, compared to its average volume of 605,810. The company has a quick ratio of 1.63, a current ratio of 2.26 and a debt-to-equity ratio of 0.88. Edgewell Personal Care has a one year low of $53.43 and a one year high of $82.06. The stock has a market capitalization of $2,944.79, a P/E ratio of 13.43, a PEG ratio of 2.96 and a beta of 0.74.
In related news, Director Daniel J. Heinrich purchased 1,500 shares of Edgewell Personal Care stock in a transaction dated Monday, November 13th. The shares were acquired at an average cost of $57.08 per share, with a total value of $85,620.00. Following the purchase, the director now owns 3,530 shares of the company’s stock, valued at $201,492.40. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.97% of the stock is currently owned by insiders.
Several institutional investors have recently added to or reduced their stakes in the company. FMR LLC grew its holdings in shares of Edgewell Personal Care by 3.8% in the second quarter. FMR LLC now owns 861,965 shares of the company’s stock valued at $65,527,000 after purchasing an additional 31,900 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Edgewell Personal Care by 2.2% in the second quarter. California Public Employees Retirement System now owns 122,900 shares of the company’s stock valued at $9,343,000 after purchasing an additional 2,700 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Edgewell Personal Care by 2.5% in the second quarter. Dimensional Fund Advisors LP now owns 563,019 shares of the company’s stock valued at $42,800,000 after purchasing an additional 13,886 shares in the last quarter. Bayesian Capital Management LP acquired a new position in shares of Edgewell Personal Care in the second quarter valued at approximately $240,000. Finally, Clinton Group Inc. acquired a new position in shares of Edgewell Personal Care in the second quarter valued at approximately $637,000. 93.39% of the stock is currently owned by institutional investors and hedge funds.
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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.
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