Brokers Offer Predictions for Energizer Holdings, Inc.’s Q4 2017 Earnings (EPC)
Energizer Holdings, Inc. (NYSE:EPC) – Research analysts at Jefferies Group reduced their Q4 2017 earnings estimates for shares of Energizer Holdings in a research note issued to investors on Tuesday. Jefferies Group analyst K. Grundy now expects that the company will earn $0.98 per share for the quarter, down from their previous forecast of $1.19. Jefferies Group has a “Hold” rating and a $78.00 price target on the stock. Jefferies Group also issued estimates for Energizer Holdings’ FY2019 earnings at $4.38 EPS.
Several other analysts have also recently commented on the company. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, July 4th. Societe Generale raised Energizer Holdings from a “hold” rating to a “buy” rating and upped their price target for the company from $83.00 to $90.00 in a research note on Thursday, June 22nd. Deutsche Bank AG reaffirmed a “hold” rating and set a $77.00 price target (up previously from $74.00) on shares of Energizer Holdings in a research note on Wednesday, May 3rd. BidaskClub lowered Energizer Holdings from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $105.00 price target on shares of Energizer Holdings in a research note on Sunday, July 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the stock. Energizer Holdings currently has a consensus rating of “Hold” and a consensus price target of $85.11.
Shares of Energizer Holdings (NYSE:EPC) traded up 1.81% during midday trading on Friday, hitting $74.92. 236,150 shares of the company were exchanged. Energizer Holdings has a one year low of $69.63 and a one year high of $84.45. The company’s 50 day moving average price is $73.67 and its 200 day moving average price is $74.33. The firm has a market cap of $4.27 billion, a P/E ratio of 21.09 and a beta of 0.95.
Energizer Holdings (NYSE:EPC) last posted its earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.31. The company had revenue of $637.50 million for the quarter, compared to analysts’ expectations of $648.13 million. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The firm’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business posted $0.66 earnings per share.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. increased its position in Energizer Holdings by 28.6% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the company’s stock worth $132,000 after buying an additional 400 shares in the last quarter. Creative Planning boosted its stake in Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,989 shares of the company’s stock worth $145,000 after buying an additional 7 shares during the last quarter. Parametrica Management Ltd acquired a new stake in Energizer Holdings during the second quarter worth about $201,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Energizer Holdings during the first quarter worth about $212,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Energizer Holdings during the first quarter worth about $237,000. Hedge funds and other institutional investors own 92.19% of the company’s stock.
About Energizer Holdings
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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