Energizer Holdings, Inc. (NYSE:EPC) Rating Lowered to Strong Sell at BidaskClub
BidaskClub cut shares of Energizer Holdings, Inc. (NYSE:EPC) from a sell rating to a strong sell rating in a report published on Wednesday morning.
A number of other brokerages have also issued reports on EPC. Jefferies Group LLC reaffirmed a buy rating on shares of Energizer Holdings in a report on Monday, March 27th. Royal Bank Of Canada reaffirmed a buy rating and set a $105.00 price objective on shares of Energizer Holdings in a report on Friday, March 24th. Zacks Investment Research lowered shares of Energizer Holdings from a hold rating to a sell rating in a report on Wednesday, April 5th. Deutsche Bank AG reaffirmed a hold rating and set a $77.00 price objective (up from $74.00) on shares of Energizer Holdings in a report on Wednesday, May 3rd. Finally, TheStreet raised shares of Energizer Holdings from a c rating to a b rating in a report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $85.00.
Energizer Holdings (EPC) opened at 72.04 on Wednesday. Energizer Holdings has a 1-year low of $69.63 and a 1-year high of $87.51. The firm has a 50-day moving average of $74.47 and a 200-day moving average of $74.83. The stock has a market cap of $4.14 billion, a PE ratio of 22.39 and a beta of 0.96.
Energizer Holdings (NYSE:EPC) last announced its quarterly earnings data on Tuesday, May 2nd. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.09. Energizer Holdings had a net margin of 8.00% and a return on equity of 11.44%. The business had revenue of $611 million during the quarter, compared to analyst estimates of $608.13 million. During the same period last year, the firm posted $1.17 EPS. The company’s revenue was up .0% on a year-over-year basis. Analysts expect that Energizer Holdings will post $3.84 EPS for the current fiscal year.
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Hedge funds and other institutional investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. raised 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 valued at $132,000 after buying an additional 400 shares during the last quarter. 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 during the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. purchased a new position in Energizer Holdings during the first quarter valued at approximately $212,000. Raymond James Financial Services Advisors Inc. purchased a new position in Energizer Holdings during the first quarter valued at approximately $237,000. Finally, World Asset Management Inc raised its position in Energizer Holdings by 0.3% in the first quarter. World Asset Management Inc now owns 3,588 shares of the company’s stock valued at $262,000 after buying an additional 9 shares during the last quarter. 91.77% of the stock is owned by institutional investors.
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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