Edgewell Personal Care (NYSE:EPC) Raised to “Hold” at Zacks Research

Edgewell Personal Care (NYSE:EPC) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a research report on Saturday, February 14th. Wells Fargo & Company set a $24.00 price objective on shares of Edgewell Personal Care in a research report on Tuesday, February 17th. Royal Bank Of Canada set a $26.00 price objective on shares of Edgewell Personal Care and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Barclays lifted their price objective on shares of Edgewell Personal Care from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 10th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Edgewell Personal Care in a research report on Friday, March 27th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $24.17.

Edgewell Personal Care Price Performance

Edgewell Personal Care stock traded down $0.11 during mid-day trading on Monday, hitting $22.34. The company’s stock had a trading volume of 26,055 shares, compared to its average volume of 733,003. The company has a quick ratio of 1.20, a current ratio of 2.12 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.04 billion, a P/E ratio of -26.27 and a beta of 0.52. Edgewell Personal Care has a twelve month low of $15.88 and a twelve month high of $31.04. The stock’s fifty day moving average price is $21.15 and its two-hundred day moving average price is $19.44.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings results on Monday, February 9th. The company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.02. The firm had revenue of $422.80 million for the quarter, compared to analyst estimates of $476.48 million. Edgewell Personal Care had a negative net margin of 1.76% and a positive return on equity of 7.16%. The firm’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 earnings per share. Edgewell Personal Care has set its FY 2026 guidance at 1.700-2.100 EPS. Research analysts forecast that Edgewell Personal Care will post 3.16 earnings per share for the current year.

Institutional Investors Weigh In On Edgewell Personal Care

A number of institutional investors have recently modified their holdings of EPC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Edgewell Personal Care by 3.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,564 shares of the company’s stock valued at $891,000 after buying an additional 931 shares during the period. Woodline Partners LP acquired a new stake in shares of Edgewell Personal Care in the 1st quarter valued at $2,655,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Edgewell Personal Care by 16.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 117,127 shares of the company’s stock valued at $3,656,000 after purchasing an additional 16,285 shares during the last quarter. Jane Street Group LLC boosted its holdings in Edgewell Personal Care by 80.6% in the first quarter. Jane Street Group LLC now owns 81,179 shares of the company’s stock worth $2,534,000 after purchasing an additional 36,239 shares in the last quarter. Finally, Norges Bank acquired a new position in Edgewell Personal Care during the second quarter worth $214,000. Institutional investors and hedge funds own 91.91% of the company’s stock.

About Edgewell Personal Care

Edgewell Personal Care Inc, incorporated in 2015 and headquartered in Shelton, Connecticut, is a global consumer products company specializing in personal care, sun care, shaving and feminine care solutions. The company emerged as a spin-off from Energizer Holdings’ personal care division, listing its shares on the New York Stock Exchange under the ticker “EPC.” Edgewell’s portfolio comprises well-known brands that cater to everyday personal grooming and protection needs.

In the shaving segment, Edgewell markets razors and refill blades under brands such as Schick and Wilkinson Sword, targeting both men’s and women’s grooming categories.