FY2017 Earnings Forecast for Energizer Holdings, Inc. Issued By KeyCorp (ENR)

Energizer Holdings, Inc. (NYSE:ENR) – Analysts at KeyCorp raised their FY2017 earnings estimates for Energizer Holdings in a report released on Monday. KeyCorp analyst J. Gere now anticipates that the company will earn $2.92 per share for the year, up from their prior forecast of $2.89. KeyCorp currently has a “Buy” rating and a $55.00 target price on the stock. KeyCorp also issued estimates for Energizer Holdings’ Q4 2017 earnings at $0.48 EPS.



Several other equities research analysts also recently issued reports on ENR. BidaskClub downgraded Energizer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 29th. Jefferies Group LLC restated a “hold” rating and issued a $54.00 price target (down from $62.00) on shares of Energizer Holdings in a report on Thursday, July 6th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price target for the company in a report on Monday, July 10th. Royal Bank Of Canada restated a “buy” rating on shares of Energizer Holdings in a report on Tuesday, July 18th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $55.00 price target (down from $62.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $54.13.

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Energizer Holdings (NYSE:ENR) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.06. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm had revenue of $372.00 million during the quarter, compared to analyst estimates of $390.88 million. During the same period last year, the company posted $0.32 EPS. The business’s quarterly revenue was up 3.0% compared to the same quarter last year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Energizer Holdings by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after purchasing an additional 169 shares during the last quarter. IFP Advisors Inc boosted its position in Energizer Holdings by 7.1% during the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock valued at $125,000 after purchasing an additional 172 shares during the last quarter. Creative Planning boosted its position in Energizer Holdings by 30.9% during the second quarter. Creative Planning now owns 2,617 shares of the company’s stock valued at $126,000 after purchasing an additional 618 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in Energizer Holdings by 149.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock valued at $166,000 after purchasing an additional 2,071 shares during the last quarter. Finally, Advisor Group Inc. boosted its position in Energizer Holdings by 1.3% during the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after purchasing an additional 50 shares during the last quarter. 93.90% of the stock is owned by hedge funds and other institutional investors.

In related news, CFO Timothy W. Gorman purchased 5,500 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 18th. The stock was purchased at an average cost of $41.43 per share, with a total value of $227,865.00. Following the completion of the transaction, the chief financial officer now owns 14,674 shares of the company’s stock, valued at approximately $607,943.82. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert V. Vitale purchased 7,300 shares of Energizer Holdings stock in a transaction that occurred on Friday, August 4th. The shares were bought at an average cost of $41.61 per share, with a total value of $303,753.00. Following the completion of the transaction, the director now directly owns 2,300 shares of the company’s stock, valued at approximately $95,703. The disclosure for this purchase can be found here. Insiders have bought 31,212 shares of company stock valued at $1,297,839 over the last ninety days. 1.73% of the stock is owned by insiders.

Energizer Holdings Company Profile

Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.

Earnings History and Estimates for Energizer Holdings (NYSE:ENR)

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