Q4 2017 Earnings Forecast for Energizer Holdings, Inc. (EPC) Issued By KeyCorp
Energizer Holdings, Inc. (NYSE:EPC) – KeyCorp dropped their Q4 2017 EPS estimates for shares of Energizer Holdings in a report released on Tuesday. KeyCorp analyst J. Gere now forecasts that the company will post earnings per share of $1.08 for the quarter, down from their previous forecast of $1.22. KeyCorp also issued estimates for Energizer Holdings’ Q4 2018 earnings at $1.20 EPS.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.31. The firm had revenue of $637.50 million for the quarter, compared to analyst estimates of $648.13 million. Energizer Holdings had a net margin of 8.80% and a return on equity of 12.71%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.66 earnings per share.
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Several other equities research analysts also recently commented on EPC. Citigroup Inc. cut their price objective on Energizer Holdings from $91.00 to $86.00 and set a “buy” rating for the company in a report on Wednesday, May 31st. TheStreet downgraded Energizer Holdings from a “b-” rating to a “c+” rating in a report on Wednesday, July 12th. BidaskClub raised Energizer Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday. Royal Bank Of Canada reissued a “buy” rating and issued a $105.00 price objective on shares of Energizer Holdings in a report on Sunday, July 16th. Finally, Societe Generale raised Energizer Holdings from a “hold” rating to a “buy” rating and increased their price objective for the company from $83.00 to $90.00 in a report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $85.11.
Shares of Energizer Holdings (EPC) traded up 0.46% during trading on Thursday, reaching $74.05. 131,558 shares of the company traded hands. The stock has a market cap of $4.24 billion, a P/E ratio of 20.85 and a beta of 0.95. The stock’s 50 day moving average price is $73.71 and its 200-day moving average price is $74.34. Energizer Holdings has a 12 month low of $69.63 and a 12 month high of $84.45.
A number of large investors have recently bought and sold shares of the stock. Daiwa Securities Group Inc. boosted its stake 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 during the period. 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 period. Parametrica Management Ltd acquired a new stake in Energizer Holdings during the second quarter worth $201,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Energizer Holdings during the first quarter worth $212,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in Energizer Holdings during the first quarter worth $237,000. Institutional investors and hedge funds 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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