Zacks Investment Research Lowers Energizer Holdings, Inc. (EPC) to Sell
Zacks Investment Research cut shares of Energizer Holdings, Inc. (NYSE:EPC) from a hold rating to a sell rating in a research report report published on Tuesday.
According to Zacks, “Edgewell Personal Care Co. manufactures and markets personal care products. The company’s brand consists of Schick(R) and Wilkinson Sword(R) men’s and women’s shaving systems and disposable razors; Edge(R) and Skintimate(R) shave preparations; Playtex(R), Stayfree(R), Carefree(R) and o.b. (R) feminine care products; Banana Boat(R) and Hawaiian Tropic(R) sun care products; Playtex(R) infant feeding, Diaper Genie(R) and gloves; Wet Ones(R) moist wipes. Edgewell Personal Care Co., formerly known as Energizer Holdings, is based in St Louis, United States. “
Several other research firms also recently commented on EPC. BidaskClub upgraded shares of Energizer Holdings from a sell rating to a hold rating in a research report on Saturday, August 19th. 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. 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. TheStreet upgraded shares of Energizer Holdings from a c rating to a b rating in a research report on Thursday, June 22nd. Finally, Societe Generale upgraded shares of Energizer Holdings from a hold rating to a buy rating and lifted their target price for the stock from $83.00 to $90.00 in a research report on Thursday, June 22nd. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. Energizer Holdings has an average rating of Hold and a consensus target price of $84.44.
Shares of Energizer Holdings (NYSE:EPC) traded up 0.326% during trading on Tuesday, hitting $72.235. 167,955 shares of the stock were exchanged. The firm has a 50 day moving average price of $73.59 and a 200 day moving average price of $73.53. Energizer Holdings has a 52 week low of $69.63 and a 52 week high of $84.45. The firm has a market capitalization of $4.12 billion, a P/E ratio of 20.336 and a beta of 0.94.
Energizer Holdings (NYSE:EPC) last posted its earnings results on Tuesday, August 8th. The company reported $1.11 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $648.13 million. During the same period last year, the company earned $0.66 EPS. The firm’s revenue was down 1.2% compared to the same quarter last year. Analysts forecast that Energizer Holdings will post $3.97 EPS for the current fiscal year.
Hedge funds and other institutional investors have recently modified their holdings of the company. Creative Planning lifted its position in shares of Energizer Holdings by 0.9% in the 2nd quarter. Creative Planning now owns 2,007 shares of the company’s stock worth $153,000 after purchasing an additional 18 shares during the period. Parametrica Management Ltd acquired a new position in shares of Energizer Holdings in the 2nd quarter worth approximately $201,000. GABELLI & Co INVESTMENT ADVISERS INC. lifted its position in shares of Energizer Holdings by 6.9% in the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock worth $236,000 after purchasing an additional 200 shares during the period. Bayesian Capital Management LP acquired a new position in shares of Energizer Holdings in the 2nd quarter worth approximately $240,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of Energizer Holdings in the 1st quarter worth approximately $237,000. Hedge funds and other institutional investors own 89.29% of the company’s stock.
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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