Brokerages Expect Edgewell Personal Care Co (EPC) Will Announce Quarterly Sales of $445.37 Million

Equities analysts expect Edgewell Personal Care Co (NYSE:EPC) to announce sales of $445.37 million for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for Edgewell Personal Care’s earnings, with estimates ranging from $442.90 million to $450.20 million. Edgewell Personal Care posted sales of $468.30 million in the same quarter last year, which would indicate a negative year over year growth rate of 4.9%. The business 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 fiscal year, with estimates ranging from $2.14 billion to $2.19 billion. For the next fiscal year, analysts forecast that the firm will post sales of $2.15 billion, with estimates ranging from $2.10 billion to $2.17 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for 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 the Zacks’ consensus estimate of $1.07 by $0.04. Edgewell Personal Care had a return on equity of 11.19% and a net margin of 4.62%. The company had revenue of $537.40 million during the quarter, compared to the consensus estimate of $555.76 million. During the same period in the previous year, the company posted $1.00 EPS. The firm’s revenue was down 4.9% on a year-over-year basis.

Several research analysts have weighed in on EPC shares. Morgan Stanley upped their price target on Edgewell Personal Care from $49.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Friday, August 31st. Zacks Investment Research upgraded Edgewell Personal Care from a “sell” rating to a “buy” rating and set a $63.00 target price for the company in a research report on Friday, August 10th. TheStreet upgraded Edgewell Personal Care from a “d+” rating to a “c-” rating in a research report on Wednesday, August 22nd. Wells Fargo & Co lowered their target price on Edgewell Personal Care from $51.00 to $48.00 and set a “market perform” rating for the company in a research report on Wednesday, October 17th. Finally, SunTrust Banks lowered their target price on Edgewell Personal Care to $45.00 and set a “hold” rating for the company in a research report on Wednesday, November 14th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the stock. Edgewell Personal Care presently has an average rating of “Hold” and a consensus price target of $49.27.

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Edgewell Personal Care by 1.5% during the 3rd quarter. Vanguard Group Inc. now owns 4,987,533 shares of the company’s stock valued at $230,573,000 after buying an additional 74,263 shares during the period. Morgan Stanley increased its stake in Edgewell Personal Care by 23.1% in the third quarter. Morgan Stanley now owns 269,510 shares of the company’s stock worth $12,458,000 after purchasing an additional 50,570 shares during the period. AQR Capital Management LLC increased its stake in Edgewell Personal Care by 134.7% in the third quarter. AQR Capital Management LLC now owns 17,507 shares of the company’s stock worth $809,000 after purchasing an additional 10,048 shares during the period. Smith Moore & CO. purchased a new stake in Edgewell Personal Care in the third quarter worth $472,000. Finally, MetLife Investment Advisors LLC increased its stake in Edgewell Personal Care by 21.6% in the third quarter. MetLife Investment Advisors LLC now owns 71,285 shares of the company’s stock worth $3,296,000 after purchasing an additional 12,678 shares during the period.

EPC stock traded down $0.67 during midday trading on Wednesday, hitting $41.73. The company’s stock had a trading volume of 742,101 shares, compared to its average volume of 593,893. Edgewell Personal Care has a 12 month low of $39.50 and a 12 month high of $62.67. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.33 and a quick ratio of 0.87. The company has a market capitalization of $2.29 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 3.92 and a beta of 0.64.

About Edgewell Personal Care

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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