Edgewell Personal Care Company (NYSE:EPC) Shares Will Pay Quarterly Dividend of $0.15

Edgewell Personal Care Company (NYSE:EPC) declared a quarterly dividend on Thursday, November 12th. Shareholders of record on Thursday, December 3rd will be paid a dividend of $0.15 per share on Thursday, January 7th. This represents a $0.60 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Thursday, December 3rd.

Edgewell Personal Care has a payout ratio of 19.6% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Edgewell Personal Care to earn $2.03 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 29.6%.

Edgewell Personal Care Trading Down 1.4%

NYSE EPC opened at $28.74 on Friday. The company has a fifty day simple moving average of $27.85 and a two-hundred day simple moving average of $24.33. The stock has a market cap of $1.32 billion, a P/E ratio of -14.37 and a beta of 0.36. Edgewell Personal Care has a 12-month low of $15.73 and a 12-month high of $30.36. The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 0.85.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 12th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.77 by $0.01. The business had revenue of $484.10 million during the quarter, compared to the consensus estimate of $479.88 million. Edgewell Personal Care had a negative net margin of 4.55% and a positive return on equity of 5.76%. The business’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.68 earnings per share. Edgewell Personal Care has set its FY 2027 guidance at 1.850-2.150 EPS. On average, analysts forecast that Edgewell Personal Care will post 1.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on EPC. Royal Bank Of Canada restated an “outperform” rating and issued a $35.00 target price on shares of Edgewell Personal Care in a research note on Tuesday. UBS Group reiterated a “neutral” rating and set a $30.00 price target on shares of Edgewell Personal Care in a research note on Thursday, October 15th. Weiss Ratings raised Edgewell Personal Care from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, August 25th. Wells Fargo & Company cut their price objective on Edgewell Personal Care from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Finally, Barclays raised their price objective on Edgewell Personal Care from $28.00 to $29.00 and gave the stock an “equal weight” rating in a research note on Friday, August 7th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $31.50.

About Edgewell Personal Care

Edgewell Personal Care is a global consumer products company focused on personal grooming and sun and skin care. Its products include shaving systems, disposable razors, shaving gels and creams, sunscreens and skin care products, sold through retailers and online channels. Its brand portfolio includes Schick, Wilkinson Sword, Edge, Skintimate, Billie, Banana Boat, Hawaiian Tropic, Bulldog and Jack Black. The company serves consumers in the United States and international markets. Edgewell became an independent public company in 2015 following its separation from Energizer Holdings.