Stock Price Prediction and Recommendation for EPC
Technical Analysis:
The stock price of Edgewell Personal Care (EPC) is currently trading at $29.64 as of March 24, 2025. Based on the technical indicators:
- RSI (14-period): 38.63, indicating the stock is near oversold territory, suggesting potential for a short-term rebound.
- MACD: The MACD line is below the signal line, indicating bearish momentum.
- Fibonacci Levels: The stock is approaching the S1 support level of $29.36, with resistance at R1 ($31.68).
News and Fundamental Analysis:
- Truist's Price Target Adjustment: Truist lowered its price target for EPC from $40 to $35, maintaining a Buy rating, citing multiple compression in the consumer packaged goods sector.
- Morgan Stanley's Outlook: Morgan Stanley maintains a Sell rating with a price target of $32, reflecting bearish sentiment despite the consensus Moderate Buy rating.
- Currency Headwinds: The strong U.S. dollar has negatively impacted EPC's gross margins and revenue forecasts, with COO Dan Sullivan citing a 0.4 percentage point reduction in gross margin.
Price Prediction and Recommendation:
Based on the technical and fundamental analysis, the stock is expected to trade in a range of $29.50 to $31.50 next week. However, considering the bearish technical indicators and negative news sentiment, the stock is likely to face resistance at higher levels.
Recommendation: Sell
Target Price: $29.50
The stock is expected to test the lower end of its range due to ongoing currency headwinds and multiple compression in the CPG sector.
Stock Price Prediction and Recommendation for EPC
Technical Analysis:
The stock price of Edgewell Personal Care (EPC) is currently trading at $29.64 as of March 24, 2025. Based on the technical indicators:
- RSI (14-period): 38.63, indicating the stock is near oversold territory, suggesting potential for a short-term rebound.
- MACD: The MACD line is below the signal line, indicating bearish momentum.
- Fibonacci Levels: The stock is approaching the S1 support level of $29.36, with resistance at R1 ($31.68).
News and Fundamental Analysis:
- Truist's Price Target Adjustment: Truist lowered its price target for EPC from $40 to $35, maintaining a Buy rating, citing multiple compression in the consumer packaged goods sector.
- Morgan Stanley's Outlook: Morgan Stanley maintains a Sell rating with a price target of $32, reflecting bearish sentiment despite the consensus Moderate Buy rating.
- Currency Headwinds: The strong U.S. dollar has negatively impacted EPC's gross margins and revenue forecasts, with COO Dan Sullivan citing a 0.4 percentage point reduction in gross margin.
Price Prediction and Recommendation:
Based on the technical and fundamental analysis, the stock is expected to trade in a range of $29.50 to $31.50 next week. However, considering the bearish technical indicators and negative news sentiment, the stock is likely to face resistance at higher levels.
Recommendation: Sell
Target Price: $29.50
The stock is expected to test the lower end of its range due to ongoing currency headwinds and multiple compression in the CPG sector.