Energizer Holdings, Inc. (NYSE:EPC) had its target price decreased by Citigroup Inc. from $87.00 to $77.00 in a research report released on Friday morning. Citigroup Inc. currently has a buy rating on the stock.
Several other equities research analysts have also recently commented on EPC. Jefferies Group LLC reiterated a hold rating and set a $78.00 price target (up previously from $77.00) on shares of Energizer Holdings in a research report on Thursday, August 10th. BidaskClub upgraded shares of Energizer Holdings from a strong sell rating to a sell rating in a research report on Thursday, August 10th. KeyCorp reiterated a hold rating on shares of Energizer Holdings in a research report on Monday, October 16th. Deutsche Bank AG lifted their price target on shares of Energizer Holdings from $75.00 to $77.00 and gave the stock a hold rating in a research report on Wednesday, August 9th. Finally, Barclays PLC cut shares of Energizer Holdings from an equal weight rating to an underweight rating and set a $55.00 price target for the company. in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. Energizer Holdings currently has a consensus rating of Hold and an average price target of $76.27.
Energizer Holdings (NYSE:EPC) traded up $1.59 on Friday, reaching $58.90. 1,438,400 shares of the company’s stock traded hands, compared to its average volume of 541,990. The company has a quick ratio of 1.63, a current ratio of 2.26 and a debt-to-equity ratio of 0.88. The firm has a market cap of $3,265.03, a PE ratio of 14.40, a PEG ratio of 2.03 and a beta of 0.91. Energizer Holdings has a 52-week low of $55.94 and a 52-week high of $82.69.
Energizer Holdings (NYSE:EPC) last issued its quarterly earnings results 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 return on equity of 12.54% and a net margin of 0.25%. The business had revenue of $564.90 million for the quarter, compared to analyst estimates of $588.28 million. During the same quarter in the prior year, the firm earned $1.06 EPS. The firm’s quarterly revenue was down 7.5% compared to the same quarter last year. sell-side analysts expect that Energizer Holdings will post 3.9 EPS for the current fiscal year.
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In other news, Director Daniel J. Heinrich acquired 1,500 shares of Energizer Holdings stock in a transaction that occurred on Monday, November 13th. The shares were acquired at an average price of $57.08 per share, with a total value of $85,620.00. Following the purchase, the director now directly owns 3,530 shares of the company’s stock, valued at $201,492.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.64% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in EPC. Janus Henderson Group PLC lifted 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 in the last quarter. JPMorgan Chase & Co. lifted its stake in Energizer Holdings by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 3,476,454 shares of the company’s stock valued at $252,077,000 after buying an additional 419,403 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Energizer Holdings by 2,405.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 210,472 shares of the company’s stock valued at $16,000,000 after buying an additional 202,072 shares in the last quarter. Marshall Wace North America L.P. lifted its stake in Energizer Holdings by 2,342.9% in the second quarter. Marshall Wace North America L.P. now owns 173,935 shares of the company’s stock valued at $13,219,000 after buying an additional 166,815 shares in the last quarter. Finally, Gamco Investors INC. ET AL lifted its stake in Energizer Holdings by 7.6% in the second quarter. Gamco Investors INC. ET AL now owns 2,077,605 shares of the company’s stock valued at $157,940,000 after buying an additional 146,860 shares in the last quarter. 90.27% of the stock is currently owned by hedge funds and other institutional investors.
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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