$1.20 EPS Expected for Edgewell Personal Care Co (EPC) This Quarter

Analysts expect that Edgewell Personal Care Co (NYSE:EPC) will report earnings per share of $1.20 for the current quarter, according to Zacks. Five analysts have made estimates for Edgewell Personal Care’s earnings, with the highest EPS estimate coming in at $1.26 and the lowest estimate coming in at $1.15. Edgewell Personal Care posted earnings per share of $1.21 in the same quarter last year, which would indicate a negative year-over-year growth rate of 0.8%. The business is scheduled to announce its next earnings results on Tuesday, May 1st.

On average, analysts expect that Edgewell Personal Care will report full-year earnings of $3.83 per share for the current year, with EPS estimates ranging from $3.70 to $3.92. For the next financial year, analysts expect that the firm will post earnings of $4.17 per share, with EPS estimates ranging from $3.99 to $4.45. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that follow Edgewell Personal Care.

Edgewell Personal Care (NYSE:EPC) last posted its quarterly earnings data on Thursday, February 8th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.37). Edgewell Personal Care had a positive return on equity of 11.24% and a negative net margin of 0.92%. The company had revenue of $468.30 million during the quarter, compared to the consensus estimate of $470.63 million. During the same period last year, the business earned $0.66 EPS. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year.

Several research analysts have recently commented on the company. Zacks Investment Research raised Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Wednesday, February 14th. Barclays set a $47.00 price objective on Edgewell Personal Care and gave the stock a “sell” rating in a research note on Saturday, February 10th. Morgan Stanley decreased their price objective on Edgewell Personal Care from $65.00 to $56.00 and set an “equal weight” rating on the stock in a research note on Friday, February 9th. Royal Bank of Canada reissued a “buy” rating and set a $72.00 target price on shares of Edgewell Personal Care in a research note on Friday, February 9th. Finally, Deutsche Bank decreased their target price on Edgewell Personal Care from $65.00 to $53.00 and set a “hold” rating on the stock in a research note on Friday, February 9th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $68.67.

Edgewell Personal Care (EPC) opened at $53.46 on Friday. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.65 and a quick ratio of 1.87. Edgewell Personal Care has a 12 month low of $46.83 and a 12 month high of $82.06. The company has a market capitalization of $2,886.71, a PE ratio of 15.19, a PEG ratio of 3.90 and a beta of 0.74.

Edgewell Personal Care announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 8th that allows the company to buyback 10,000,000 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s management believes its shares are undervalued.

In other news, CEO David P. Hatfield purchased 3,969 shares of the business’s stock in a transaction on Monday, February 12th. The stock was acquired at an average price of $50.38 per share, for a total transaction of $199,958.22. Following the acquisition, the chief executive officer now directly owns 18,619 shares of the company’s stock, valued at approximately $938,025.22. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Daniel J. Heinrich purchased 1,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were purchased at an average price of $50.59 per share, with a total value of $50,590.00. Following the acquisition, the director now directly owns 4,530 shares in the company, valued at $229,172.70. The disclosure for this purchase can be found here. Insiders have purchased a total of 7,419 shares of company stock worth $376,027 in the last three months. 0.97% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EPC. Dimensional Fund Advisors LP grew its holdings in Edgewell Personal Care by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 563,019 shares of the company’s stock valued at $42,800,000 after buying an additional 13,886 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Edgewell Personal Care by 1.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 84,320 shares of the company’s stock valued at $6,410,000 after buying an additional 1,177 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in Edgewell Personal Care during the 3rd quarter valued at approximately $233,000. Pictet Asset Management Ltd. purchased a new position in Edgewell Personal Care during the 3rd quarter valued at approximately $953,000. Finally, OLD National Bancorp IN purchased a new position in Edgewell Personal Care during the 3rd quarter valued at approximately $466,000. Institutional investors and hedge funds own 99.14% of the company’s stock.

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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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