Energizer Holdings, Inc. (EPC) Cut to “C+” at TheStreet

TheStreet downgraded shares of Energizer Holdings, Inc. (NYSE:EPC) from a b- rating to a c+ rating in a report issued on Wednesday.

A number of other analysts have also recently issued reports on EPC. 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. Jefferies Group LLC reaffirmed a hold rating and issued a $77.00 price target (up previously from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. BidaskClub cut Energizer Holdings from a sell rating to a strong sell rating in a research report on Wednesday, July 12th. Citigroup Inc. reduced their price target on Energizer Holdings from $91.00 to $86.00 and set a buy rating for the company in a research report on Wednesday, May 31st. Finally, Zacks Investment Research raised Energizer Holdings from a hold rating to a buy rating and set a $85.00 price target for the company in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of Hold and an average price target of $85.00.

Shares of Energizer Holdings (NYSE:EPC) traded down 0.47% during midday trading on Wednesday, reaching $72.04. The company’s stock had a trading volume of 269,499 shares. Energizer Holdings has a 52 week low of $69.63 and a 52 week high of $87.51. The stock has a market capitalization of $4.14 billion, a PE ratio of 22.39 and a beta of 0.96. The stock has a 50-day moving average price of $74.47 and a 200 day moving average price of $74.83.

Energizer Holdings (NYSE:EPC) last released 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. The firm had revenue of $611 million during the quarter, compared to analysts’ expectations of $608.13 million. Energizer Holdings had a return on equity of 11.44% and a net margin of 8.00%. The business’s revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 earnings per share. Equities analysts forecast that Energizer Holdings will post $3.84 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: This report was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was illegally stolen and republished in violation of US and international trademark & copyright laws. The original version of this report can be accessed at https://www.com-unik.info/2017/07/18/energizer-holdings-inc-epc-cut-to-c-at-thestreet.html.

Several institutional investors have recently bought and sold shares of the company. Daiwa Securities Group Inc. boosted its position in shares of 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 boosted its position in shares of 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. bought a new position in shares of Energizer Holdings during the first quarter valued at about $212,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Energizer Holdings during the first quarter valued at about $237,000. Finally, World Asset Management Inc boosted its position in shares of 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. Institutional investors and hedge funds own 91.77% of the company’s stock.

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.

Analyst Recommendations for Energizer Holdings (NYSE:EPC)

What are top analysts saying about Energizer Holdings Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Energizer Holdings Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit