Energizer Holdings, Inc. (NYSE:EPC) – Analysts at KeyCorp lowered their Q4 2017 earnings estimates for Energizer Holdings in a research report issued to clients and investors on Tuesday. KeyCorp analyst J. Gere now expects that the company will earn $1.08 per share 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 announced its earnings results on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) 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 firm had revenue of $637.50 million for the quarter, compared to analyst estimates of $648.13 million. During the same quarter in the prior year, the business posted $0.66 EPS. The business’s revenue was down 1.2% compared to the same quarter last year. ILLEGAL ACTIVITY NOTICE: This piece of content was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece of content on another domain, it was stolen and republished in violation of international trademark and copyright laws. The original version of this piece of content can be accessed at https://stocknewstimes.com/2017/08/12/keycorp-comments-on-energizer-holdings-inc-s-q4-2017-earnings-epc.html.
Other equities analysts have also recently issued research reports about the stock. TheStreet raised shares of Energizer Holdings from a “c” rating to a “b” rating in a research note on Thursday, June 22nd. Societe Generale raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and boosted their price target for the stock from $83.00 to $90.00 in a research note on Thursday, June 22nd. Citigroup Inc. cut their price target on shares of Energizer Holdings from $91.00 to $86.00 and set a “buy” rating for the company in a research note on Wednesday, May 31st. Royal Bank Of Canada reissued a “buy” rating and issued a $105.00 price target on shares of Energizer Holdings in a research note on Sunday, July 16th. Finally, Zacks Investment Research raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 price target for the company in a research note on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $85.22.
Energizer Holdings (NYSE:EPC) opened at 74.26 on Thursday. The firm’s 50 day moving average is $73.59 and its 200-day moving average is $74.32. Energizer Holdings has a 12 month low of $69.63 and a 12 month high of $84.45. The firm has a market cap of $4.23 billion, a price-to-earnings ratio of 20.91 and a beta of 0.95.
Several large investors have recently made changes to their positions in the company. Daiwa Securities Group Inc. raised 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 worth $132,000 after buying an additional 400 shares during the last quarter. Creative Planning raised its stake in shares of 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 shares of Energizer Holdings during the second quarter worth $201,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Energizer Holdings during the first quarter worth $212,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Energizer Holdings during the first quarter worth $237,000. Hedge funds and other institutional investors own 92.19% of the company’s stock.
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.
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