Analysts Expect Energizer Holdings, Inc. (EPC) Will Post Earnings of $1.01 Per Share
Wall Street analysts expect that Energizer Holdings, Inc. (NYSE:EPC) will post $1.01 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Energizer Holdings’ earnings, with the highest EPS estimate coming in at $1.08 and the lowest estimate coming in at $0.95. Energizer Holdings reported earnings of $1.06 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 4.7%. The business is expected to report its next earnings report on Thursday, November 9th.
According to Zacks, analysts expect that Energizer Holdings will report full-year earnings of $3.96 per share for the current year, with EPS estimates ranging from $3.90 to $4.05. For the next fiscal year, analysts anticipate that the firm will report earnings of $4.13 per share, with EPS estimates ranging from $3.98 to $4.28. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Energizer Holdings.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.80 by $0.31. The business had revenue of $637.50 million for the quarter, compared to analysts’ expectations of $648.13 million. Energizer Holdings had a return on equity of 12.71% and a net margin of 8.80%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.66 EPS.
EPC has been the subject of a number of research analyst reports. TheStreet raised Energizer Holdings from a “c” rating to a “b” rating in a research report on Thursday, June 22nd. Societe Generale raised Energizer Holdings from a “hold” rating to a “buy” rating and upped their target price for the company from $83.00 to $90.00 in a research report on Thursday, June 22nd. Citigroup Inc. decreased their target price 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. Royal Bank Of Canada reissued a “buy” rating and issued a $105.00 target price on shares of Energizer Holdings in a research report on Sunday, July 16th. Finally, Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price for the company in a research report on Tuesday, July 4th. Seven analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $85.22.
A number of hedge funds have recently bought and sold shares of EPC. Daiwa Securities Group Inc. increased its stake in 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 in the last quarter. Creative Planning increased its stake in 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 in the last quarter. Parametrica Management Ltd bought a new stake in Energizer Holdings during the second quarter valued at approximately $201,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Energizer Holdings during the first quarter valued at approximately $212,000. Finally, Bayesian Capital Management LP bought a new stake in Energizer Holdings during the second quarter valued at approximately $240,000. 93.23% of the stock is owned by hedge funds and other institutional investors.
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Shares of Energizer Holdings (NYSE:EPC) traded down 0.32% during mid-day trading on Monday, hitting $74.75. The stock had a trading volume of 133,873 shares. The firm has a 50 day moving average of $73.32 and a 200-day moving average of $74.17. Energizer Holdings has a one year low of $69.63 and a one year high of $84.45. The stock has a market cap of $4.26 billion, a P/E ratio of 21.04 and a beta of 0.95.
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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