Energizer Holdings, Inc. (NYSE:EPC) had its target price cut by Bank of America Corporation from $77.00 to $65.00 in a research note published on Friday. They currently have a neutral rating on the stock.
Other research analysts have also issued research reports about the stock. Citigroup Inc. reiterated a buy rating and set a $87.00 price objective (up previously from $86.00) on shares of Energizer Holdings in a research note on Friday, August 11th. Royal Bank Of Canada reiterated a buy rating and set a $105.00 price objective on shares of Energizer Holdings in a research note on Sunday, July 16th. Morgan Stanley reduced their price objective on shares of Energizer Holdings from $80.00 to $65.00 and set an equal weight rating for the company in a research note on Friday. Jefferies Group LLC reiterated a hold rating and set a $78.00 price objective on shares of Energizer Holdings in a research note on Thursday, October 19th. Finally, KeyCorp reissued a hold rating on shares of Energizer Holdings in a research report on Monday, October 16th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $78.91.
Energizer Holdings (EPC) opened at $57.31 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.63 and a current ratio of 2.26. The company has a market cap of $3,265.03, a P/E ratio of 14.40, a P/E/G ratio of 2.03 and a beta of 0.91. Energizer Holdings has a 52 week low of $55.94 and a 52 week high of $82.69.
Energizer Holdings (NYSE:EPC) last posted its quarterly earnings data on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.03). The firm had revenue of $564.90 million for the quarter, compared to the consensus estimate of $588.28 million. Energizer Holdings had a return on equity of 12.54% and a net margin of 0.25%. The company’s revenue was down 7.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.06 EPS. analysts forecast that Energizer Holdings will post 3.9 earnings per share for the current year.
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Hedge funds have recently added to or reduced their stakes in the company. Creative Planning boosted its holdings in shares of Energizer Holdings by 0.9% in the 2nd quarter. Creative Planning now owns 2,007 shares of the company’s stock valued at $153,000 after acquiring an additional 18 shares during the last quarter. Parametrica Management Ltd purchased a new stake in shares of Energizer Holdings in the 2nd quarter valued at $201,000. Virginia Retirement Systems ET AL purchased a new stake in shares of Energizer Holdings in the 3rd quarter valued at $211,000. Fox Run Management L.L.C. purchased a new stake in shares of Energizer Holdings in the 3rd quarter valued at $233,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. boosted its holdings in shares of Energizer Holdings by 6.9% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock valued at $236,000 after acquiring an additional 200 shares during the last quarter. 90.27% of the stock is currently owned by institutional investors and hedge funds.
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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