Zacks: Analysts expect Edgewell Personal Care Co (NYSE:EPC) to post EPS of $0.70


Equity research analysts expect Edgewell Personal Care Co (NYSE:EPC – Get Rating) to report earnings per share (EPS) of $0.70 for the current fiscal quarter, according to Zacks Investment Research. Three analysts released earnings estimates for Edgewell Personal Care. The lowest EPS estimate is $0.64 and the highest is $0.76. Edgewell Personal Care reported earnings per share of $0.89 in the same quarter last year, indicating a negative 21.3% year-over-year growth rate. The company is due to release its next quarterly results on Monday, January 1.

On average, analysts expect Edgewell Personal Care to report annual earnings of $2.48 per share for the current fiscal year, with EPS estimates ranging from $2.38 to $2.52. For the next fiscal year, analysts expect the company to post earnings of $2.78 per share, with EPS estimates ranging from $2.52 to $2.97. Zacks Investment Research earnings per share averages are an average average based on a survey of research analysts who provide coverage for Edgewell Personal Care.

Edgewell Personal Care (NYSE:EPC – Get Rating) last released its quarterly results on Tuesday, May 10. The company reported EPS of $0.50 for the quarter, missing analyst consensus estimates of $0.56 per ($0.06). The company posted revenue of $547.70 million for the quarter, versus a consensus estimate of $564.13 million. Edgewell Personal Care had a return on equity of 10.06% and a net margin of 5.61%. The company’s revenue increased 5.5% year over year. In the same quarter last year, the company earned earnings per share of $0.70.

A number of research analysts have commented on the company. Wells Fargo & Company lowered its price target on Edgewell Personal Care from $55.00 to $47.00 and set an “overweight” rating on the stock in a Wednesday, Feb. 9 research report. Zacks Investment Research upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a Thursday, April 7 research report. Goldman Sachs Group reduced its price target on Edgewell Personal Care from $57.00 to $53.00 in a Tuesday, March 29 research report. TheStreet upgraded Edgewell Personal Care from a ‘c+’ rating to a ‘b’ rating in a research report on Tuesday, May 10. Finally, StockNews.com supported coverage of Edgewell Personal Care in a Thursday, March 31 research report. They issued a “holding” rating on the stock. Five research analysts gave the stock a hold rating and two gave the stock a buy rating. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $45.57.

NYSE EPC was down $1.23 during Friday trading hours, hitting $34.01. 450,642 shares of the company were traded, against an average volume of 553,376. The stock has a market capitalization of $1.80 billion, a PE ratio of 15.67 and a beta of 0.89. Edgewell Personal Care has a one year minimum of $32.00 and a one year maximum of $51.86. The company has a fifty-day moving average of $36.91 and a 200-day moving average of $40.57. The company has a current ratio of 1.78, a quick ratio of 0.99 and a debt ratio of 0.93.

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 7. Shareholders of record on Thursday, June 2 will receive a dividend of $0.15. This represents a dividend of $0.60 on an annualized basis and a dividend yield of 1.76%. The ex-dividend date is Wednesday, June 1. Edgewell Personal Care’s dividend payout ratio (DPR) is currently 27.65%.

In other news, insider Eric F. O’toole sold 7,000 shares in a trade on Tuesday, March 15. The stock was sold at an average price of $37.00, for a total value of $259,000.00. The transaction was disclosed in a document filed with the SEC, accessible via the SEC’s website. Company insiders own 1.38% of the company’s shares.

A number of institutional investors have recently changed their stock portfolios. Jane Street Group LLC acquired a new stake in Edgewell Personal Care during Q1 valued at $229,000. Clearline Capital LP increased its stake in Edgewell Personal Care by 25.2% in the 1st quarter. Clearline Capital LP now owns 281,494 shares of the company worth $10,322,000 after purchasing an additional 56,606 shares during the period. Woodline Partners LP increased its stake in Edgewell Personal Care by 29.8% in the 1st quarter. Woodline Partners LP now owns 748,258 shares of the company worth $27,439,000 after purchasing an additional 171,605 shares during the period. State Street Corp increased its stake in Edgewell Personal Care by 7.1% in the first quarter. State Street Corp now owns 2,029,304 shares of the company worth $74,702,000 after purchasing an additional 135,214 shares during the period. Finally, Vident Investment Advisory LLC increased its stake in Edgewell Personal Care by 12.7% in the 1st quarter. Vident Investment Advisory LLC now owns 49,928 shares of the company worth $1,830,000 after purchasing an additional 5,629 shares in the last quarter. 91.06% of the shares are currently held by institutional investors and hedge funds.

About Edgewell Personal Care (Get an assessment)

Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shaving, sun and skin care, feminine care and baby care categories. As of September 30, 2016, the Company had a portfolio of more than 25 brands. It operates its business in four segments: Wet Shave, Sun & Skin Care, Feminine Care and All Others.

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