Equities analysts predict that Energizer Holdings, Inc. (NYSE:EPC) will post sales of $471.37 million for the current quarter, according to Zacks. Four analysts have issued estimates for Energizer’s earnings, with the highest sales estimate coming in at $478.39 million and the lowest estimate coming in at $459.50 million. Energizer posted sales of $485.00 million during the same quarter last year, which would indicate a negative year over year growth rate of 2.8%. The business is scheduled to report its next quarterly earnings results on Thursday, February 1st.
On average, analysts expect that Energizer will report full year sales of $471.37 million for the current financial year, with estimates ranging from $2.18 billion to $2.30 billion. For the next fiscal year, analysts expect that the business will report sales of $2.25 billion per share, with estimates ranging from $2.12 billion to $2.35 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Energizer.
Energizer (NYSE:EPC) last posted its earnings results on Thursday, November 9th. The company reported $1.00 earnings per share for the quarter, missing analysts’ consensus estimates of $1.03 by ($0.03). The business had revenue of $564.90 million during the quarter, compared to analysts’ expectations of $588.28 million. Energizer had a net margin of 0.25% and a return on equity of 12.54%. The company’s revenue for the quarter was down 7.5% compared to the same quarter last year. During the same period last year, the business posted $1.06 earnings per share.
A number of analysts recently issued reports on EPC shares. Jefferies Group LLC restated a “hold” rating and issued a $78.00 price target on shares of Energizer in a research report on Thursday, October 19th. Zacks Investment Research downgraded Energizer from a “hold” rating to a “sell” rating in a research report on Tuesday, October 10th. TheStreet downgraded Energizer from a “c” rating to a “d+” rating in a research report on Thursday, November 9th. Morgan Stanley lowered their price target on Energizer from $80.00 to $65.00 and set an “equal weight” rating for the company in a research report on Friday, November 10th. Finally, Bank of America Corporation lowered their price target on Energizer from $79.00 to $77.00 and set a “neutral” rating for the company in a research report on Friday, October 13th. 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 currently has an average rating of “Hold” and an average price target of $76.27.
Shares of Energizer (NYSE:EPC) traded down $0.36 on Friday, reaching $56.64. The company had a trading volume of 187,499 shares, compared to its average volume of 1,019,923. The company has a market capitalization of $3,172.86, a P/E ratio of 14.23, a PEG ratio of 3.11 and a beta of 0.91. Energizer has a 12 month low of $55.94 and a 12 month 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.
In other Energizer news, Director Daniel J. Heinrich bought 1,500 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was acquired at an average cost of $57.08 per share, for a total transaction of $85,620.00. Following the completion of the transaction, the director now owns 3,530 shares in the company, valued at $201,492.40. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 0.64% of the stock is currently owned by company insiders.
Large investors have recently added to or reduced their stakes in the company. Janus Henderson Group PLC raised its holdings in shares of Energizer 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 acquiring an additional 988,336 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Energizer 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 acquiring an additional 419,403 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of Energizer 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 acquiring an additional 202,072 shares in the last quarter. Marshall Wace North America L.P. raised its holdings in shares of Energizer 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 acquiring an additional 166,815 shares in the last quarter. Finally, Gamco Investors INC. ET AL raised its holdings in shares of Energizer 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 acquiring an additional 146,860 shares in the last quarter. Institutional investors and hedge funds own 90.71% of the company’s stock.
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