Brokers Issue Forecasts for Energizer Holdings, Inc.’s Q3 2018 Earnings (EPC)

Energizer Holdings, Inc. (NYSE:EPC) – Equities research analysts at Jefferies Group issued their Q3 2018 earnings per share (EPS) estimates for shares of Energizer Holdings in a research note issued to investors on Thursday. Jefferies Group analyst K. Grundy anticipates that the company will post earnings per share of $1.05 for the quarter. Jefferies Group has a “Hold” rating and a $78.00 price objective on the stock. Jefferies Group also issued estimates for Energizer Holdings’ FY2019 earnings at $4.14 EPS.

A number of other equities research analysts also recently weighed in on EPC. Deutsche Bank AG reaffirmed a “hold” rating and set a $75.00 price objective (down from $77.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Zacks Investment Research downgraded Energizer Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 21st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $105.00 price objective on shares of Energizer Holdings in a report on Sunday, July 16th. Bank of America Corporation cut their target price on shares of Energizer Holdings from $79.00 to $77.00 and set a “neutral” rating for the company in a research note on Friday, October 13th. Finally, Barclays PLC cut shares of Energizer Holdings from an “equal weight” rating to an “underweight” rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating, eight have given 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.

COPYRIGHT VIOLATION WARNING: “Brokers Issue Forecasts for Energizer Holdings, Inc.’s Q3 2018 Earnings (EPC)” was published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://ledgergazette.com/2017/11/13/brokers-issue-forecasts-for-energizer-holdings-inc-s-q3-2018-earnings-epc.html.

Shares of Energizer Holdings (NYSE EPC) opened at $57.31 on Monday. The stock has a market capitalization of $3,265.03, a PE ratio of 14.40, a PEG ratio of 2.03 and a beta of 0.91. Energizer Holdings has a 1 year low of $55.94 and a 1 year high of $82.69. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.26 and a quick ratio of 1.63.

Energizer Holdings (NYSE:EPC) last released its earnings results on Thursday, November 9th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.03 by ($0.03). Energizer Holdings had a net margin of 0.25% and a return on equity of 12.54%. The business had revenue of $564.90 million during the quarter, compared to analysts’ expectations of $588.28 million. During the same quarter in the previous year, the company earned $1.06 EPS. Energizer Holdings’s revenue for the quarter was down 7.5% on a year-over-year basis.

A number of large investors have recently modified their holdings of EPC. Creative Planning lifted its stake in 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 purchasing an additional 18 shares during the last quarter. Parametrica Management Ltd bought a new position in Energizer Holdings during the second quarter worth $201,000. Virginia Retirement Systems ET AL bought a new position in Energizer Holdings during the third quarter worth $211,000. Fox Run Management L.L.C. bought a new position in Energizer Holdings during the third quarter worth $233,000. Finally, GABELLI & Co INVESTMENT ADVISERS INC. grew its holdings in Energizer Holdings by 6.9% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the period. 90.27% of the stock is 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.

Earnings History and Estimates for Energizer Holdings (NYSE:EPC)

Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply