Edgewell still has strong investor appeal

Article Excerpt

In July 2015, Energizer Holdings split into personal-care products maker Edgewell and battery-manufacturer Energizer—a move that elevated them to pure-play leaders in their markets. It also enhanced investor prospects. We feel Edgewell’s recent deal to buy online razor company Harry’s will further pay off for investors. Its new cost-cutting plan should also boost your returns. Moreover, those actions—along with the company’s well-known global brands—strengthen the possibility of a lucrative takeover deal to reward you even more. In fact, our exclusive Takeover Target Rating pegs the possibility of such a deal as “Highest”. EDGEWELL PERSONAL CARE CO., $30.21, remains a buy for aggressive investors. The company (New York symbol EPC; Consumer sector; Shares o/s: 54.2 million; Market cap: $1.6 billion; No dividend paid; Takeover Target Rating: Highest; www.edgewell.com) generates value for investors through its four main businesses: Wet Shave (58% of fiscal 2019 sales, 64% of earnings) makes razors, shaving gels and creams, mainly under the Wilkinson Sword and Schick brands. Sun and Skin Care (22%, 21%) makes sunscreen lotions (under…