$1.01 Earnings Per Share Expected for Energizer Holdings, Inc. (EPC) This Quarter
Brokerages expect Energizer Holdings, Inc. (NYSE:EPC) to announce earnings of $1.01 per share for the current quarter, according to Zacks. Four analysts have provided estimates for Energizer Holdings’ earnings, with the lowest EPS estimate coming in at $0.95 and the highest estimate coming in at $1.08. 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 quarterly earnings results 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 expect that the business will post earnings of $4.13 per share, with EPS estimates ranging from $3.98 to $4.28. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Energizer Holdings.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings data on Tuesday, August 8th. The company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.31. Energizer Holdings had a net margin of 8.80% and a return on equity of 12.71%. The business had revenue of $637.50 million for the quarter, compared to analysts’ expectations of $648.13 million. During the same quarter last year, the company earned $0.66 EPS. The business’s revenue was down 1.2% on a year-over-year basis.
EPC has been the topic of several research reports. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $85.00 target price on the stock in a report on Tuesday, July 4th. Jefferies Group LLC reiterated a “hold” rating and set a $77.00 target price (up from $76.00) on shares of Energizer Holdings in a research report on Thursday, July 6th. Societe Generale upgraded Energizer Holdings from a “hold” rating to a “buy” rating and increased their target price for the stock from $83.00 to $90.00 in a research report on Thursday, June 22nd. Deutsche Bank AG reiterated a “hold” rating and set a $75.00 target price (down from $77.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Finally, BidaskClub downgraded Energizer Holdings from a “hold” rating to a “sell” rating in a report on Friday, June 23rd. Seven research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $85.22.
Shares of Energizer Holdings (NYSE EPC) opened at 73.34 on Friday. Energizer Holdings has a 1-year low of $69.63 and a 1-year high of $84.45. The company has a 50-day moving average of $73.96 and a 200-day moving average of $73.93. The firm has a market cap of $4.18 billion, a PE ratio of 20.65 and a beta of 0.97.
Hedge funds have recently modified their holdings of the company. Daiwa Securities Group Inc. grew its holdings in shares of Energizer Holdings by 28.6% during 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 lifted its position in shares of Energizer Holdings by 0.9% in the second quarter. Creative Planning now owns 2,007 shares of the company’s stock worth $153,000 after buying an additional 18 shares during the last quarter. Parametrica Management Ltd acquired a new stake in shares of Energizer Holdings in the second quarter worth about $201,000. GABELLI & Co INVESTMENT ADVISERS INC. lifted its position in shares of Energizer Holdings by 6.9% in the second quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock worth $236,000 after buying an additional 200 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Energizer Holdings in the first quarter worth about $237,000. Institutional investors and hedge funds own 89.38% of the company’s stock.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.