Edgewell Personal Care (NYSE:EPC) Issues FY20 Earnings Guidance

Edgewell Personal Care (NYSE:EPC) issued an update on its FY20 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.10-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.32. The company issued revenue guidance of (2%)-(1%) to $2.098-2.12 billion, compared to the consensus revenue estimate of $2.12 billion.

Shares of NYSE EPC traded down $0.98 during midday trading on Tuesday, reaching $35.36. 5,367 shares of the company were exchanged, compared to its average volume of 406,478. The stock’s 50-day moving average price is $33.42 and its 200-day moving average price is $31.56. The stock has a market cap of $2.02 billion, a P/E ratio of 9.46, a PEG ratio of 4.24 and a beta of 0.88. Edgewell Personal Care has a one year low of $26.36 and a one year high of $47.39. The company has a quick ratio of 0.98, a current ratio of 1.53 and a debt-to-equity ratio of 0.81.

A number of analysts have weighed in on EPC shares. Royal Bank of Canada set a $50.00 target price on shares of Edgewell Personal Care and gave the stock a buy rating in a research note on Wednesday, August 7th. TheStreet lowered shares of Edgewell Personal Care from a c rating to a d rating in a report on Wednesday, August 7th. Wells Fargo & Co reiterated a hold rating on shares of Edgewell Personal Care in a report on Monday, October 21st. Bank of America reiterated a neutral rating and set a $34.00 price target (up previously from $30.00) on shares of Edgewell Personal Care in a report on Wednesday, August 7th. Finally, Morgan Stanley cut their price target on shares of Edgewell Personal Care from $35.00 to $32.00 and set an equal weight rating on the stock in a report on Tuesday, September 3rd. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of Hold and an average target price of $38.64.

In other news, insider John N. Hill bought 7,000 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were acquired at an average price of $28.18 per share, for a total transaction of $197,260.00. Following the completion of the acquisition, the insider now directly owns 29,808 shares in the company, valued at $839,989.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.99% of the stock is owned by insiders.

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

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