KeyBanc Analysts Lower Earnings Estimates for Edgewell Personal Care Co (EPC)
Edgewell Personal Care Co (NYSE:EPC) – Analysts at KeyBanc dropped their FY2016 earnings per share estimates for shares of Edgewell Personal Care in a research note issued to investors on Sunday, according to Zacks Investment Research. KeyBanc analyst J. Gere now anticipates that the firm will post earnings of $3.20 per share for the year, down from their previous estimate of $3.21. The consensus estimate for Edgewell Personal Care’s FY2016 earnings is $3.27 per share.
Several other equities research analysts have also recently commented on EPC. Zacks Investment Research upgraded Edgewell Personal Care from a “sell” rating to a “hold” rating in a research note on Tuesday, January 19th. Deutsche Bank cut their target price on Edgewell Personal Care from $90.00 to $80.00 and set a “hold” rating on the stock in a research note on Monday, November 16th. Jefferies Group restated a “buy” rating and issued a $96.00 target price on shares of Edgewell Personal Care in a research note on Tuesday. Sanford C. Bernstein cut their target price on Edgewell Personal Care from $97.00 to $77.00 and set a “market-perform” rating on the stock in a research note on Monday, November 16th. Finally, Goldman Sachs upgraded Edgewell Personal Care from a “sell” rating to a “neutral” rating in a research note on Monday, November 16th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $94.00.
Shares of Edgewell Personal Care (NYSE:EPC) traded up 0.67% on Tuesday, reaching $72.36. The company had a trading volume of 238,145 shares. The firm’s market capitalization is $4.34 billion. The company’s 50-day moving average price is $76.04 and its 200-day moving average price is $83.91. Edgewell Personal Care has a 52-week low of $67.94 and a 52-week high of $107.45.
Edgewell Personal Care (NYSE:EPC) last announced its quarterly earnings data on Friday, November 13th. The company reported $0.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.69 by $0.05. The firm had revenue of $560.10 million for the quarter, compared to analyst estimates of $576.90 million. The business’s quarterly revenue was down 14.4% on a year-over-year basis.
In related news, CEO David P. Hatfield acquired 5,000 shares of the company’s stock in a transaction dated Wednesday, November 18th. The shares were bought at an average price of $76.55 per share, for a total transaction of $382,750.00. Following the purchase, the chief executive officer now directly owns 22,675 shares in the company, valued at approximately $1,735,771.25. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Edgewell Personal Care Company, formerly Energizer Holdings, Inc., is engaged in providing personal care products. The Company offers its products in various categories, including shaving, sun care, feminine care, infant care, skin care and pet care. It offers a portfolio of over 25 brands in more than 50 countries. The Company offers its shaving products under the brands, including Schick, Wilkinson Sword, Personna, Edge and Skintimate. The Company offers its sun care products under the brands, which include Banana Boat and Hawaiian Tropic. It offers its feminine care products under the brands, including Stayfree, Carefree, o.b. and Playtex. The Company offers its infant care products under the brand, which includes Playtex. It offers its skin care products under the brands, which include Playtex and Wet Ones. The Company offers its pet care products under the brand, which includes Litter Genie.
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