Analysts Expect Energizer Holdings, Inc. (EPC) to Post $0.79 EPS

Equities research analysts forecast that Energizer Holdings, Inc. (NYSE:EPC) will announce earnings of $0.79 per share for the current fiscal quarter, Zacks Investment Research reports. Four analysts have provided estimates for Energizer Holdings’ earnings. The highest EPS estimate is $0.81 and the lowest is $0.77. Energizer Holdings reported earnings of $0.66 per share during the same quarter last year, which suggests a positive year over year growth rate of 19.7%. The business is scheduled to announce its next quarterly earnings report on Tuesday, August 1st.

On average, analysts expect that Energizer Holdings will report full year earnings of $3.82 per share for the current fiscal year, with EPS estimates ranging from $3.80 to $3.85. For the next financial year, analysts anticipate that the firm will report earnings of $4.05 per share, with EPS estimates ranging from $3.95 to $4.15. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow Energizer Holdings.

Energizer Holdings (NYSE:EPC) last issued its quarterly earnings results on Tuesday, May 2nd. The company reported $1.21 EPS for the quarter, topping the consensus estimate of $1.12 by $0.09. Energizer Holdings had a net margin of 8.00% and a return on equity of 11.44%. The firm had revenue of $611 million for the quarter, compared to analysts’ expectations of $608.13 million. During the same period in the previous year, the business earned $1.17 earnings per share. Energizer Holdings’s revenue for the quarter was up .0% compared to the same quarter last year.

Several equities analysts recently issued reports on the company. BidaskClub upgraded Energizer Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. Citigroup Inc. reduced their target price on Energizer Holdings from $91.00 to $86.00 and set a “buy” rating on the stock in a report on Wednesday, May 31st. Royal Bank Of Canada set a $105.00 target price on Energizer Holdings and gave the stock a “buy” rating in a report on Monday, February 27th. Jefferies Group LLC restated a “hold” rating and set a $76.00 target price (up previously from $73.00) on shares of Energizer Holdings in a report on Wednesday, May 3rd. Finally, Deutsche Bank AG restated a “hold” rating and set a $77.00 target price (up previously from $74.00) on shares of Energizer Holdings in a report on Wednesday, May 3rd. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Energizer Holdings presently has an average rating of “Hold” and a consensus price target of $86.00.

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Large investors have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. raised its stake in Energizer Holdings by 28.6% in the first quarter. Daiwa Securities Group Inc. now owns 1,800 shares of the company’s stock worth $132,000 after buying an additional 400 shares in the last quarter. Creative Planning raised its stake in Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,989 shares of the company’s stock worth $145,000 after buying an additional 7 shares in the last quarter. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in Energizer Holdings during the first quarter worth approximately $212,000. Raymond James Financial Services Advisors Inc. acquired a new stake in Energizer Holdings during the first quarter worth approximately $237,000. Finally, World Asset Management Inc raised its stake in Energizer Holdings by 0.3% in the first quarter. World Asset Management Inc now owns 3,588 shares of the company’s stock worth $262,000 after buying an additional 9 shares in the last quarter. 91.80% of the stock is currently owned by institutional investors.

Shares of Energizer Holdings (EPC) traded down 0.64% during midday trading on Thursday, reaching $76.45. 63,257 shares of the company’s stock traded hands. The firm has a market capitalization of $4.39 billion, a P/E ratio of 23.76 and a beta of 0.97. The stock’s 50 day moving average price is $73.99 and its 200 day moving average price is $74.84. Energizer Holdings has a 52-week low of $69.63 and a 52-week high of $88.00.

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.

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