Energizer Holdings, Inc. (NYSE:EPC) had its price objective decreased by equities research analysts at Bank of America Corporation from $77.00 to $65.00 in a research note issued on Friday, November 10th. The firm presently has a “neutral” rating on the stock. Bank of America Corporation’s target price suggests a potential upside of 14.04% from the stock’s current price.
EPC has been the subject of several other research reports. Zacks Investment Research lowered Energizer Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Jefferies Group LLC reiterated a “hold” rating and set a $78.00 price objective on shares of Energizer Holdings in a report on Thursday, October 19th. BidaskClub upgraded Energizer Holdings from a “sell” rating to a “hold” rating in a report on Saturday, August 19th. Deutsche Bank AG reiterated a “hold” rating and set a $75.00 price objective (down previously from $77.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Finally, Barclays PLC lowered Energizer Holdings from an “equal weight” rating to an “underweight” rating and set a $55.00 price objective for the company. in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $76.27.
Energizer Holdings (NYSE EPC) traded down $0.79 during trading on Friday, reaching $57.00. The company’s stock had a trading volume of 1,015,900 shares, compared to its average volume of 554,354. Energizer Holdings has a one year low of $55.94 and a one year high of $82.06. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.63 and a current ratio of 2.26. The stock has a market capitalization of $3,237.25, a price-to-earnings ratio of 14.52, a P/E/G ratio of 3.17 and a beta of 0.91.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.03 by ($0.03). Energizer Holdings had a net margin of 0.25% and a return on equity of 12.54%. The business had revenue of $564.90 million for the quarter, compared to analysts’ expectations of $588.28 million. During the same quarter in the prior year, the company posted $1.06 EPS. The business’s revenue for the quarter was down 7.5% on a year-over-year basis. research analysts anticipate that Energizer Holdings will post 3.85 earnings per share for the current year.
In other news, Director Daniel J. Heinrich bought 1,500 shares of Energizer Holdings stock in a transaction that occurred on 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 directly owns 3,530 shares of the company’s stock, valued at approximately $201,492.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.64% of the company’s stock.
A number of institutional investors and hedge funds have recently made changes to their positions in EPC. Creative Planning grew its position in 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 purchasing an additional 18 shares during the period. Parametrica Management Ltd acquired a new stake in Energizer Holdings during the 2nd quarter worth about $201,000. Magnetar Financial LLC acquired a new stake in Energizer Holdings during the 3rd quarter worth about $208,000. Virginia Retirement Systems ET AL acquired a new stake in Energizer Holdings during the 3rd quarter worth about $211,000. Finally, Fox Run Management L.L.C. acquired a new stake in Energizer Holdings during the 3rd quarter worth about $233,000. 90.71% 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.
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