Energizer Holdings, Inc. (EPC) Downgraded to C+ at TheStreet
Several other equities analysts have also recently weighed in on the company. Royal Bank Of Canada reissued a buy rating and set a $105.00 price objective on shares of Energizer Holdings in a research report on Sunday. BidaskClub lowered Energizer Holdings from a sell rating to a strong sell rating in a research note on Wednesday, July 12th. Jefferies Group LLC restated a hold rating and set a $77.00 price target (up from $76.00) on shares of Energizer Holdings in a research note on Thursday, July 6th. Zacks Investment Research upgraded Energizer Holdings from a hold rating to a buy rating and set a $85.00 price target on the stock in a research note on Tuesday, July 4th. Finally, Societe Generale upgraded Energizer Holdings from a hold rating to a buy rating and boosted their price target for the company from $83.00 to $90.00 in a research note on Thursday, June 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $85.00.
Energizer Holdings (EPC) traded down 0.47% during midday trading on Wednesday, hitting $72.04. The stock had a trading volume of 269,499 shares. Energizer Holdings has a 12-month low of $69.63 and a 12-month high of $87.51. The company’s 50-day moving average price is $74.47 and its 200 day moving average price is $74.83. The stock has a market cap of $4.14 billion, a P/E ratio of 22.39 and a beta of 0.96.
Energizer Holdings (NYSE:EPC) last announced its quarterly earnings results on Tuesday, May 2nd. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.12 by $0.09. Energizer Holdings had a return on equity of 11.44% and a net margin of 8.00%. The company had revenue of $611 million during the quarter, compared to analysts’ expectations of $608.13 million. During the same quarter in the previous year, the firm earned $1.17 earnings per share. The business’s quarterly revenue was up .0% compared to the same quarter last year. On average, equities research analysts predict that Energizer Holdings will post $3.84 earnings per share for the current fiscal year.
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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. acquired a new stake in shares of Energizer Holdings during the fourth quarter valued at approximately $1,181,000. Dimensional Fund Advisors LP increased its stake in shares of Energizer Holdings by 7.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 515,598 shares of the company’s stock valued at $37,636,000 after buying an additional 35,077 shares during the last quarter. Allianz Asset Management AG acquired a new stake in shares of Energizer Holdings during the fourth quarter valued at approximately $1,099,000. Norges Bank acquired a new stake in shares of Energizer Holdings during the fourth quarter valued at approximately $47,555,000. Finally, Quadrature Capital Ltd increased its stake in shares of Energizer Holdings by 196.0% in the fourth quarter. Quadrature Capital Ltd now owns 36,399 shares of the company’s stock valued at $2,657,000 after buying an additional 24,104 shares during the last quarter. 91.77% of the stock is currently owned by 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.
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