Gabelli Weighs in on Energizer Holdings, Inc.’s FY2017 Earnings (NYSE:EPC)

Energizer Holdings, Inc. (NYSE:EPC) – Gabelli lifted their FY2017 earnings estimates for Energizer Holdings in a report issued on Wednesday. Gabelli analyst S. Donnelly now forecasts that the company will earn $3.90 per share for the year, up from their previous estimate of $3.80.

Several other equities analysts have also recently commented on the stock. Zacks Investment Research raised shares of Energizer Holdings from a “sell” rating to a “hold” rating in a research report on Friday, May 5th. Jefferies Group LLC reissued a “hold” rating and set a $77.00 target price (up previously from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Societe Generale raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and lifted their target price for the stock from $83.00 to $90.00 in a research report on Thursday, June 22nd. Deutsche Bank AG reissued a “hold” rating and set a $75.00 target price (down previously from $77.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Finally, BidaskClub cut shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Friday, June 23rd. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $85.22.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.com-unik.info/2017/08/12/gabelli-weighs-in-on-energizer-holdings-inc-s-fy2017-earnings-nyseepc.html.

Shares of Energizer Holdings (NYSE:EPC) opened at 74.26 on Thursday. Energizer Holdings has a 1-year low of $69.63 and a 1-year high of $84.45. The firm has a 50-day moving average price of $73.59 and a 200 day moving average price of $74.32. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 20.91 and a beta of 0.95.

Energizer Holdings (NYSE:EPC) last released its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.31. The firm had revenue of $637.50 million for the quarter, compared to analyst estimates of $648.13 million. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 earnings per share.

Large investors have recently bought and sold shares of the company. Creative Planning boosted its stake in Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,989 shares of the company’s stock worth $145,000 after buying an additional 7 shares during the period. World Asset Management Inc boosted its stake in Energizer Holdings by 0.3% in the first quarter. World Asset Management Inc now owns 3,588 shares of the company’s stock worth $262,000 after buying an additional 9 shares during the period. K.J. Harrison & Partners Inc boosted its stake in Energizer Holdings by 0.5% in the second quarter. K.J. Harrison & Partners Inc now owns 10,050 shares of the company’s stock worth $764,000 after buying an additional 50 shares during the period. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. boosted its stake in Energizer Holdings by 0.7% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 8,649 shares of the company’s stock worth $633,000 after buying an additional 58 shares during the period. Finally, Mason Street Advisors LLC boosted its stake in Energizer Holdings by 0.4% in the first quarter. Mason Street Advisors LLC now owns 27,126 shares of the company’s stock worth $1,984,000 after buying an additional 97 shares during the period. 92.19% of the stock is currently owned by institutional investors.

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)

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