Energizer Holdings, Inc. (NYSE:EPC)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank AG in a report released on Saturday, July 22nd. They currently have a $75.00 price objective on the stock, down from their prior price objective of $77.00. Deutsche Bank AG’s price objective suggests a potential upside of 0.01% from the company’s previous close.
A number of other equities analysts also recently commented 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 Friday, March 24th. Jefferies Group LLC reissued a “buy” rating on shares of Energizer Holdings in a research report on Monday, March 27th. Zacks Investment Research downgraded Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, April 5th. Citigroup Inc. lowered their price objective 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, BidaskClub raised Energizer Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Seven equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $85.22.
Energizer Holdings (NYSE EPC) traded up 0.58% during mid-day trading on Friday, hitting $74.99. 376,787 shares of the stock traded hands. Energizer Holdings has a 12 month low of $69.63 and a 12 month high of $84.45. The company’s 50 day moving average is $73.32 and its 200 day moving average is $74.17. The company has a market cap of $4.27 billion, a P/E ratio of 21.11 and a beta of 0.95.
Energizer Holdings (NYSE:EPC) last announced its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.31. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The business had revenue of $637.50 million during the quarter, compared to the consensus estimate of $648.13 million. During the same period in the previous year, the company posted $0.66 earnings per share. The business’s revenue for the quarter was down 1.2% on a year-over-year basis. On average, analysts expect that Energizer Holdings will post $3.98 earnings per share for the current fiscal year.
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Several large investors have recently bought and sold shares of EPC. BlackRock Inc. increased its stake in Energizer Holdings by 7,004.8% in the first quarter. BlackRock Inc. now owns 9,145,412 shares of the company’s stock valued at $668,896,000 after buying an additional 9,016,691 shares during the last quarter. Credit Suisse AG increased its stake in Energizer Holdings by 149.2% in the first quarter. Credit Suisse AG now owns 4,072,492 shares of the company’s stock valued at $297,861,000 after buying an additional 2,438,114 shares during the last quarter. Janus Henderson Group PLC increased its stake in Energizer Holdings by 929.8% in the second quarter. Janus Henderson Group PLC now owns 1,094,636 shares of the company’s stock valued at $83,214,000 after buying an additional 988,336 shares during the last quarter. First Trust Advisors LP purchased a new stake in Energizer Holdings during the first quarter valued at $17,483,000. Finally, JPMorgan Chase & Co. increased its stake in Energizer Holdings by 8.5% in the second quarter. JPMorgan Chase & Co. now owns 3,057,051 shares of the company’s stock valued at $232,397,000 after buying an additional 238,452 shares during the last quarter. 93.23% of the stock is owned by institutional investors and hedge funds.
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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