Barclays PLC downgraded shares of Energizer Holdings, Inc. (NYSE:EPC) from an equal weight rating to an underweight rating in a research report report published on Friday. The firm currently has $55.00 price objective on the stock.
A number of other analysts have also recently commented on the stock. Jefferies Group LLC reiterated a hold rating and issued a $78.00 price target on shares of Energizer Holdings in a research note on Thursday, October 19th. KeyCorp reiterated a hold rating on shares of Energizer Holdings in a research note on Monday, October 16th. Bank of America Corporation cut their price target 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. Zacks Investment Research cut shares of Energizer Holdings from a hold rating to a sell rating in a research note on Tuesday, October 10th. Finally, BidaskClub upgraded shares of Energizer Holdings from a sell rating to a hold rating in a research note on Saturday, August 19th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of $76.27.
Shares of Energizer Holdings (EPC) traded up $1.59 on Friday, reaching $58.90. 1,438,400 shares of the company traded hands, compared to its average volume of 541,990. Energizer Holdings has a fifty-two week low of $55.94 and a fifty-two week high of $82.69. The firm has a market capitalization of $3,265.03, a PE ratio of 14.40, a price-to-earnings-growth ratio of 2.03 and a beta of 0.91. 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 announced its earnings results on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.03). Energizer Holdings had a return on equity of 12.54% and a net margin of 0.25%. The business had revenue of $564.90 million for the quarter, compared to analyst estimates of $588.28 million. During the same quarter in the previous year, the company posted $1.06 EPS. The business’s revenue for the quarter was down 7.5% compared to the same quarter last year. equities research analysts predict that Energizer Holdings will post 3.9 EPS for the current year.
In related news, Director Daniel J. Heinrich bought 1,500 shares of the business’s stock in a transaction dated Monday, November 13th. The stock was bought at an average price of $57.08 per share, for a total transaction of $85,620.00. Following the purchase, the director now owns 3,530 shares in the company, valued at approximately $201,492.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.64% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Creative Planning lifted its stake in shares of Energizer Holdings by 0.9% during the 2nd quarter. Creative Planning now owns 2,007 shares of the company’s stock worth $153,000 after buying an additional 18 shares during the last quarter. K.J. Harrison & Partners Inc increased its position in Energizer Holdings by 0.5% during the second quarter. K.J. Harrison & Partners Inc now owns 10,050 shares of the company’s stock worth $764,000 after acquiring an additional 50 shares during the period. Nomura Asset Management Co. Ltd. increased its position in Energizer Holdings by 1.3% during the first quarter. Nomura Asset Management Co. Ltd. now owns 7,560 shares of the company’s stock worth $553,000 after acquiring an additional 100 shares during the period. Pacer Advisors Inc. increased its position in Energizer Holdings by 2.4% during the second quarter. Pacer Advisors Inc. now owns 8,379 shares of the company’s stock worth $637,000 after acquiring an additional 199 shares during the period. Finally, GABELLI & Co INVESTMENT ADVISERS INC. increased its position in Energizer Holdings by 6.9% during the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock worth $236,000 after acquiring an additional 200 shares during the period. Institutional investors own 90.27% 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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