Edgewell Personal Care (NYSE:EPC) Share Price Breaks Above 50-Day Moving Average – Here’s Why

Edgewell Personal Care Company (NYSE:EPC) shares crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $27.78 and traded as high as $28.57. Edgewell Personal Care shares last traded at $28.5210, with a volume of 387,757 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Weiss Ratings raised shares of Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, August 25th. Morgan Stanley set a $31.00 price target on Edgewell Personal Care in a research report on Thursday, August 6th. Barclays raised their target price on shares of Edgewell Personal Care from $28.00 to $29.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. UBS Group reiterated a “neutral” rating and issued a $30.00 target price on shares of Edgewell Personal Care in a research report on Thursday, October 15th. Finally, Canaccord Genuity Group upped their price objective on shares of Edgewell Personal Care from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $31.50.

Edgewell Personal Care Stock Up 0.0%

The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85. The company has a market capitalization of $1.32 billion, a P/E ratio of -14.29 and a beta of 0.34. The firm’s 50 day moving average price is $27.80 and its two-hundred day moving average price is $23.88.

Edgewell Personal Care (NYSE:EPC) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.08. The firm had revenue of $570.10 million for the quarter, compared to analyst estimates of $574.87 million. Edgewell Personal Care had a positive return on equity of 5.76% and a negative net margin of 4.55%. The company’s revenue for the quarter was down 9.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.04 EPS. Edgewell Personal Care has set its FY 2026 guidance at 1.800-2.000 EPS. Equities research analysts forecast that Edgewell Personal Care Company will post 1.94 EPS for the current year.

Edgewell Personal Care Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 8th. Investors of record on Wednesday, September 9th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.60 annualized dividend and a yield of 2.1%. Edgewell Personal Care’s dividend payout ratio (DPR) is presently -30.00%.

Institutional Investors Weigh In On Edgewell Personal Care

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Edgewell Personal Care in the second quarter worth approximately $197,543,000. Rubric Capital Management LP raised its stake in shares of Edgewell Personal Care by 297.2% in the first quarter. Rubric Capital Management LP now owns 4,000,000 shares of the company’s stock valued at $85,360,000 after acquiring an additional 2,992,929 shares during the period. William Blair Investment Management LLC purchased a new stake in Edgewell Personal Care in the 2nd quarter valued at about $14,542,000. Bank of New York Mellon Corp purchased a new stake in shares of Edgewell Personal Care in the 2nd quarter worth approximately $7,948,000. Finally, Bank of America Corp DE acquired a new position in shares of Edgewell Personal Care during the second quarter worth $6,271,000. 91.91% of the stock is owned by hedge funds and other institutional investors.

About Edgewell Personal Care

Edgewell Personal Care Company (NYSE: EPC) is a global consumer products company focused on personal care products. Its portfolio includes shaving, sun care, skin care and feminine care products sold under brands such as Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog, Jack Black and Playtex.

The company’s shaving business offers razors, blades, shaving creams and gels for men and women. Its sun and skin care operations provide sunscreen, after-sun products and related personal care items, while its feminine care portfolio includes tampons and other menstrual care products.