Equities analysts forecast that Edgewell Personal Care Co (NYSE:EPC) will post $0.28 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Edgewell Personal Care’s earnings, with estimates ranging from $0.21 to $0.33. Edgewell Personal Care posted earnings of $0.37 per share during the same quarter last year, which suggests a negative year over year growth rate of 24.3%. The business is scheduled to issue its next quarterly earnings report before the market opens on Monday, February 10th.
On average, analysts expect that Edgewell Personal Care will report full year earnings of $3.13 per share for the current fiscal year, with EPS estimates ranging from $3.06 to $3.16. For the next fiscal year, analysts anticipate that the firm will report earnings of $3.44 per share, with EPS estimates ranging from $3.30 to $3.62. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Edgewell Personal Care.
Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.86 EPS for the quarter, beating the Zacks’ consensus estimate of $0.84 by $0.02. Edgewell Personal Care had a negative net margin of 16.48% and a positive return on equity of 12.22%. The firm had revenue of $528.00 million for the quarter, compared to analysts’ expectations of $527.67 million. During the same quarter in the prior year, the company posted $1.11 earnings per share. The business’s revenue for the quarter was down 1.7% on a year-over-year basis.
A number of research firms have recently commented on EPC. Barclays reiterated a “sell” rating and set a $26.00 price target on shares of Edgewell Personal Care in a report on Thursday, November 14th. Zacks Investment Research cut shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a report on Thursday, November 14th. Wells Fargo & Co reiterated a “hold” rating on shares of Edgewell Personal Care in a report on Monday, October 21st. Finally, ValuEngine upgraded shares of Edgewell Personal Care from a “sell” rating to a “hold” rating in a report on Friday, January 3rd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. Edgewell Personal Care presently has a consensus rating of “Hold” and an average target price of $35.63.
Hedge funds have recently modified their holdings of the stock. Millennium Management LLC purchased a new stake in Edgewell Personal Care in the third quarter worth approximately $1,148,000. Gabelli Funds LLC boosted its holdings in Edgewell Personal Care by 4.2% in the third quarter. Gabelli Funds LLC now owns 941,690 shares of the company’s stock worth $30,596,000 after purchasing an additional 38,190 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Edgewell Personal Care by 40.1% in the third quarter. Public Employees Retirement System of Ohio now owns 45,928 shares of the company’s stock worth $1,492,000 after purchasing an additional 13,152 shares during the last quarter. First Trust Advisors LP boosted its holdings in Edgewell Personal Care by 123.6% in the third quarter. First Trust Advisors LP now owns 68,748 shares of the company’s stock worth $2,234,000 after purchasing an additional 38,004 shares during the last quarter. Finally, Coronation Fund Managers Ltd. boosted its holdings in Edgewell Personal Care by 118.6% in the fourth quarter. Coronation Fund Managers Ltd. now owns 108,891 shares of the company’s stock worth $3,371,000 after purchasing an additional 59,073 shares during the last quarter. Institutional investors own 98.61% of the company’s stock.
Shares of NYSE:EPC traded down $0.16 during trading on Friday, reaching $27.12. 477,229 shares of the stock traded hands, compared to its average volume of 560,391. The stock has a 50-day moving average of $30.07 and a two-hundred day moving average of $30.84. Edgewell Personal Care has a 52-week low of $26.24 and a 52-week high of $46.55. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.04 and a current ratio of 1.58. The stock has a market cap of $1.47 billion, a P/E ratio of -4.15, a price-to-earnings-growth ratio of 2.88 and a beta of 0.81.
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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