$1.00 EPS Expected for Energizer Holdings, Inc. (EPC) This Quarter
Wall Street analysts expect that Energizer Holdings, Inc. (NYSE:EPC) will report $1.00 earnings per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Energizer Holdings’ earnings. The highest EPS estimate is $1.06 and the lowest is $0.95. Energizer Holdings reported earnings of $1.06 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 5.7%. The business is scheduled to report its next quarterly earnings results before the market opens on Thursday, November 9th.
On average, 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 $4.03. For the next fiscal year, analysts anticipate that the company will post earnings of $4.11 per share, with EPS estimates ranging from $3.98 to $4.20. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for Energizer Holdings.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings results on Tuesday, August 8th. The company reported $1.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.31. The business had revenue of $637.50 million during the quarter, compared to the consensus estimate of $648.13 million. Energizer Holdings had a net margin of 8.80% and a return on equity of 12.71%. The firm’s quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.66 EPS.
Several research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Energizer Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Jefferies Group LLC reiterated a “hold” rating and issued a $78.00 price objective on shares of Energizer Holdings in a research note on Tuesday, September 12th. TheStreet lowered shares of Energizer Holdings from a “b-” rating to a “c+” rating in a research note on Wednesday, July 12th. Citigroup Inc. reiterated a “buy” rating and issued a $87.00 price objective (up previously from $86.00) on shares of Energizer Holdings in a research note on Friday, August 11th. Finally, BidaskClub upgraded shares of Energizer Holdings from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 10th. One analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $84.44.
Several institutional investors and hedge funds have recently made changes to their positions in the company. New Amsterdam Partners LLC NY acquired a new position in shares of Energizer Holdings during the 3rd quarter worth $4,548,000. Gamco Investors INC. ET AL boosted its holdings in shares of Energizer Holdings by 0.3% during the 3rd quarter. Gamco Investors INC. ET AL now owns 2,084,655 shares of the company’s stock worth $151,700,000 after buying an additional 7,050 shares during the period. State of Wisconsin Investment Board boosted its holdings in shares of Energizer Holdings by 8.8% during the 3rd quarter. State of Wisconsin Investment Board now owns 79,561 shares of the company’s stock worth $5,790,000 after buying an additional 6,442 shares during the period. Chicago Equity Partners LLC bought a new stake in shares of Energizer Holdings during the 3rd quarter worth $423,000. Finally, Old Mutual Global Investors UK Ltd. bought a new stake in shares of Energizer Holdings during the 3rd quarter worth $835,000. Institutional investors own 89.51% of the company’s stock.
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Shares of Energizer Holdings (NYSE EPC) opened at $60.82 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 2.27 and a quick ratio of 1.64. The company has a market cap of $3,464.98, a P/E ratio of 15.05, a P/E/G ratio of 2.04 and a beta of 0.91. Energizer Holdings has a 12-month low of $60.27 and a 12-month high of $84.45.
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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