Edgewell Personal Care Company (NYSE: EPC) stock fell -1.06% on Thursday to $40.94 against a previous-day closing price of $41.38. With 0.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Household & Personal Products company that operates in wider Consumer Defensive sector, reached to the highest price of $41.43 whereas the lowest price it dropped to was $40.44. The 52-week range on EPC shows that it touched its highest point at $46.13 and its lowest point at $32.18 during that stretch. It currently has a 1-year price target of $47.90. With its current market cap of 2.08 billion, EPC has annualized dividend of $0.60 while the current yield stands at 1.47%. Beta for the stock currently stands at 0.95.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EPC was down-trending over the past week, with a drop of -5.58%, but this was down by -5.86% over a month. Three-month performance dropped to -4.66% while six-month performance fell -0.49%. The stock gained 18.08% in the past year, while it has gained 6.23% so far this year. A look at the trailing 12-month EPS for EPC yields 1.82 with Next year EPS estimates of 2.83. For the next quarter, that number is 0.81. This implies an EPS growth rate of -13.20% for this year and 15.45% for next year. EPS is expected to grow by 4.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 79.30%.
Float and Shares Shorts:
At present, 51.40 million EPC shares are outstanding with a float of 48.66 million shares on hand for trading. On May 14, 2023, short shares totaled 3.11 million, which was 6.08% higher than short shares on Apr 13, 2023. In addition to Mr. Rod R. Little as the firm’s Pres, CEO, Director & Pres of Japan, Greater China, Mr. Daniel J. Sullivan serves as its CFO and Pres of Europe & Latin America.
Institutional Ownership:
Through their ownership of 90.98% of EPC’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 57.07% of EPC, in contrast to 29.54% held by mutual funds. Shares owned by individuals account for 2.43%. As the largest shareholder in EPC with 14.91% of the stake, BlackRock Fund Advisors holds 7,667,775 shares worth 7,667,775. A second-largest stockholder of EPC, The Vanguard Group, Inc., holds 5,844,013 shares, controlling over 11.37% of the firm’s shares. Dimensional Fund Advisors LP is the third largest shareholder in EPC, holding 3,525,893 shares or 6.86% stake. With a 7.25% stake in EPC, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 3,725,712 shares are owned by the mutual fund manager. The American Century Small Cap Value, which owns about 4.61% of EPC stock, is the second-largest Mutual Fund holder. It holds 2,370,000 shares valued at 103.5 million. Vanguard Total Stock Market ETF holds 2.98% of the stake in EPC, owning 1,530,268 shares worth 66.83 million.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Mar 30, 2023, EPC reported revenue of $623.80M and operating income of $53.40M. The EBITDA in the recently reported quarter was $80.30M and diluted EPS was $0.57.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EPC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With EPC analysts setting a high price target of $53.00 and a low target of $38.00, the average target price over the next 12 months is $47.90. Based on these targets, EPC could surge 29.46% to reach the target high and fall by -7.18% to reach the target low. Reaching the average price target will result in a growth of 17.0% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
Summary of Insider Activity:
Insiders traded EPC stock several times over the past three months with 4 Buys and 4 Sells. In these transactions, 15,785 shares were bought while 6,899 shares were sold. The number of buy transactions has increased to 37 while that of sell transactions has risen to 35 over the past year. The total number of shares bought during that period was 215,715 while 93,920 shares were sold.
