Energizer Holdings, Inc. (NYSE:EPC) – Gabelli reduced their FY2019 EPS estimates for Energizer Holdings in a note issued to investors on Friday. Gabelli analyst S. Donnelly now anticipates that the company will post earnings of $4.15 per share for the year, down from their previous estimate of $4.50. Gabelli also issued estimates for Energizer Holdings’ FY2020 earnings at $4.40 EPS.
Energizer Holdings (NYSE:EPC) last posted its quarterly earnings results on Thursday, November 9th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.03 by ($0.03). The company had revenue of $564.90 million during the quarter, compared to analyst estimates of $588.28 million. Energizer Holdings had a net margin of 0.25% and a return on equity of 12.54%. The company’s revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the company earned $1.06 earnings per share.
Other analysts have also recently issued reports about the stock. BidaskClub raised shares of Energizer Holdings from a “strong sell” rating to a “sell” rating in a report on Thursday, August 10th. Jefferies Group LLC reissued a “hold” rating and set a $78.00 target price on shares of Energizer Holdings in a report on Tuesday, September 12th. Zacks Investment Research cut shares of Energizer Holdings from a “buy” rating to a “hold” rating in a report on Friday, July 21st. KeyCorp reissued a “hold” rating on shares of Energizer Holdings in a report on Monday, October 16th. Finally, SunTrust Banks, Inc. reissued a “hold” rating and set a $65.00 target price on shares of Energizer Holdings in a report on Friday. Two research 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 a consensus price target of $78.91.
Shares of Energizer Holdings (NYSE EPC) opened at $57.31 on Monday. The stock has a market cap of $3,265.03, a price-to-earnings ratio of 14.40, a P/E/G ratio of 2.03 and a beta of 0.91. The company has a quick ratio of 1.63, a current ratio of 2.26 and a debt-to-equity ratio of 0.88. Energizer Holdings has a twelve month low of $55.94 and a twelve month high of $82.69.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning grew its position 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 buying an additional 18 shares in the last quarter. Parametrica Management Ltd bought a new position in Energizer Holdings in the 2nd quarter valued at about $201,000. Virginia Retirement Systems ET AL bought a new position in Energizer Holdings in the 3rd quarter valued at about $211,000. GABELLI & Co INVESTMENT ADVISERS INC. grew its position in 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 buying an additional 200 shares in the last quarter. Finally, Bayesian Capital Management LP bought a new position in Energizer Holdings in the 2nd quarter valued at about $240,000. Hedge funds and other institutional investors own 90.27% 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.
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