Edgewell Personal Care Co (EPC) Expected to Announce Quarterly Sales of $445.37 Million

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Equities research analysts predict that Edgewell Personal Care Co (NYSE:EPC) will post sales of $445.37 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for Edgewell Personal Care’s earnings. The highest sales estimate is $450.20 million and the lowest is $442.90 million. Edgewell Personal Care reported sales of $468.30 million in the same quarter last year, which indicates a negative year-over-year growth rate of 4.9%. The company is expected to announce its next earnings results on Thursday, February 14th.

According to Zacks, analysts expect that Edgewell Personal Care will report full-year sales of $2.16 billion for the current year, with estimates ranging from $2.14 billion to $2.19 billion. For the next financial year, analysts forecast that the business will post sales of $2.15 billion, with estimates ranging from $2.10 billion to $2.17 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover Edgewell Personal Care.

Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Tuesday, November 13th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.04. The firm had revenue of $537.40 million for the quarter, compared to analysts’ expectations of $555.76 million. Edgewell Personal Care had a net margin of 4.62% and a return on equity of 11.19%. The business’s revenue for the quarter was down 4.9% on a year-over-year basis. During the same period last year, the firm earned $1.00 earnings per share.

A number of brokerages recently commented on EPC. Zacks Investment Research lowered shares of Edgewell Personal Care from a “hold” rating to a “sell” rating in a report on Monday, October 15th. Barclays set a $39.00 price target on shares of Edgewell Personal Care and gave the company a “sell” rating in a research note on Monday, November 19th. Jefferies Financial Group reiterated a “hold” rating and issued a $49.00 price target on shares of Edgewell Personal Care in a research note on Tuesday, November 13th. Deutsche Bank lowered their price target on shares of Edgewell Personal Care from $49.00 to $43.00 and set a “hold” rating on the stock in a research note on Wednesday, November 14th. Finally, UBS Group lowered their price target on shares of Edgewell Personal Care from $51.00 to $46.00 and set a “neutral” rating on the stock in a research note on Wednesday, November 14th. Four research analysts have rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $49.27.

Shares of NYSE:EPC traded down $0.67 during midday trading on Wednesday, reaching $41.73. 742,101 shares of the company were exchanged, compared to its average volume of 593,893. Edgewell Personal Care has a fifty-two week low of $39.50 and a fifty-two week high of $62.67. The company has a quick ratio of 0.87, a current ratio of 1.33 and a debt-to-equity ratio of 0.63. The firm has a market cap of $2.29 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 3.92 and a beta of 0.64.

Several hedge funds have recently made changes to their positions in EPC. Strs Ohio acquired a new position in shares of Edgewell Personal Care in the 2nd quarter valued at approximately $116,000. Acadian Asset Management LLC boosted its stake in shares of Edgewell Personal Care by 577.3% in the 3rd quarter. Acadian Asset Management LLC now owns 4,152 shares of the company’s stock valued at $192,000 after purchasing an additional 3,539 shares during the last quarter. Leavell Investment Management Inc. bought a new stake in shares of Edgewell Personal Care in the 3rd quarter valued at $229,000. Texas Yale Capital Corp. bought a new position in Edgewell Personal Care during the third quarter worth $241,000. Finally, Point72 Hong Kong Ltd boosted its stake in Edgewell Personal Care by 216.3% during the second quarter. Point72 Hong Kong Ltd now owns 5,811 shares of the company’s stock worth $293,000 after acquiring an additional 3,974 shares in the last quarter.

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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Earnings History and Estimates for Edgewell Personal Care (NYSE:EPC)

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