FY2019 Earnings Estimate for Energizer Holdings, Inc. Issued By Gabelli (NYSE:EPC)
Energizer Holdings, Inc. (NYSE:EPC) – Equities research analysts at Gabelli lowered their FY2019 earnings per share (EPS) estimates for shares of Energizer Holdings in a research note issued to investors on Wednesday. Gabelli analyst S. Donnelly now anticipates that the company will post earnings per share of $4.50 for the year, down from their prior forecast of $4.55. Gabelli also issued estimates for Energizer Holdings’ FY2020 earnings at $4.85 EPS and FY2021 earnings at $5.30 EPS.
Several other equities research analysts have also recently commented on the stock. Zacks Investment Research raised shares of Energizer Holdings from a “sell” rating to a “hold” rating in a research report on Friday, May 5th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $77.00 price objective (up from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Societe Generale raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and boosted their price objective for the company from $83.00 to $90.00 in a research report on Thursday, June 22nd. Deutsche Bank AG reaffirmed a “hold” rating and issued a $77.00 price objective (up from $74.00) on shares of Energizer Holdings in a research report on Wednesday, May 3rd. Finally, BidaskClub cut shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. 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 has an average rating of “Hold” and a consensus price target of $85.22.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by Watch List News and is the sole property of of Watch List News. If you are accessing this report on another domain, it was illegally copied and reposted in violation of US & international copyright & trademark law. The correct version of this report can be accessed at https://www.watchlistnews.com/fy2019-earnings-estimate-for-energizer-holdings-inc-issued-by-gabelli-nyseepc/1474032.html.
Energizer Holdings (EPC) traded up 0.91% during trading on Friday, hitting $74.26. 585,228 shares of the stock were exchanged. The firm has a market capitalization of $4.23 billion, a PE ratio of 20.91 and a beta of 0.95. Energizer Holdings has a 12-month low of $69.63 and a 12-month high of $84.45. The stock has a 50 day moving average price of $73.67 and a 200-day moving average price of $74.33.
Energizer Holdings (NYSE:EPC) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.31. Energizer Holdings had a net margin of 8.80% and a return on equity of 12.71%. The business had revenue of $637.50 million for the quarter, compared to the consensus estimate of $648.13 million. During the same period in the prior year, the business posted $0.66 earnings per share. Energizer Holdings’s revenue for the quarter was down 1.2% compared to the same quarter last year.
A number of large investors have recently modified their holdings of the company. Daiwa Securities Group Inc. boosted its stake in shares of Energizer Holdings by 28.6% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the company’s stock valued at $132,000 after buying an additional 400 shares during the period. Creative Planning raised its position in Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,989 shares of the company’s stock valued at $145,000 after buying an additional 7 shares in the last quarter. Parametrica Management Ltd purchased a new position in Energizer Holdings during the second quarter valued at $201,000. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Energizer Holdings during the first quarter valued at $212,000. Finally, Raymond James Financial Services Advisors Inc. purchased a new position in Energizer Holdings during the first quarter valued at $237,000. 92.19% of the stock is currently owned by hedge funds and other institutional investors.
Energizer Holdings Company Profile
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.
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.