Energizer Holdings, Inc. (EPC) Downgraded by Barclays PLC to “Underweight”

Barclays PLC cut shares of Energizer Holdings, Inc. (NYSE:EPC) from an equal weight rating to an underweight rating in a research report released on Friday.

Other equities analysts have also issued research reports about the stock. BidaskClub upgraded shares of Energizer Holdings from a strong sell rating to a sell rating in a research report on Thursday, August 10th. Jefferies Group LLC reiterated a hold rating and set a $78.00 price objective on shares of Energizer Holdings in a research report on Tuesday, September 12th. Zacks Investment Research lowered shares of Energizer Holdings from a buy rating to a hold rating in a research report on Friday, July 21st. KeyCorp reiterated a hold rating on shares of Energizer Holdings in a research report on Monday, October 16th. Finally, Citigroup Inc. reiterated a buy rating and set a $87.00 price objective (up previously from $86.00) on shares of Energizer Holdings in a research report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the stock. Energizer Holdings currently has a consensus rating of Hold and a consensus price target of $78.91.

Energizer Holdings (NYSE:EPC) traded down $2.09 during mid-day trading on Friday, reaching $57.31. 1,924,400 shares of the company’s stock traded hands, compared to its average volume of 537,878. Energizer Holdings has a fifty-two week low of $55.94 and a fifty-two week high of $82.69. The company has a quick ratio of 1.64, a current ratio of 2.26 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $3,384.10, a price-to-earnings ratio of 14.93, a P/E/G ratio of 2.06 and a beta of 0.91.

Energizer Holdings (NYSE:EPC) last released its quarterly earnings data on Thursday, November 9th. The company reported $1.00 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.03 by ($0.03). Energizer Holdings had a net margin of 0.25% and a return on equity of 12.54%. The business had revenue of $564.90 million for the quarter, compared to the consensus estimate of $588.28 million. During the same quarter last year, the business earned $1.06 EPS. Energizer Holdings’s revenue for the quarter was down 7.5% compared to the same quarter last year. research analysts anticipate that Energizer Holdings will post 3.99 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Creative Planning lifted its holdings in Energizer Holdings by 0.9% during the 2nd quarter. Creative Planning now owns 2,007 shares of the company’s stock valued at $153,000 after buying an additional 18 shares in the last quarter. K.J. Harrison & Partners Inc lifted its holdings in Energizer Holdings by 0.5% during the 2nd quarter. K.J. Harrison & Partners Inc now owns 10,050 shares of the company’s stock valued at $764,000 after buying an additional 50 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in Energizer Holdings by 1.3% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 7,560 shares of the company’s stock valued at $553,000 after buying an additional 100 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Energizer Holdings by 2.4% during the 2nd quarter. Pacer Advisors Inc. now owns 8,379 shares of the company’s stock valued at $637,000 after buying an additional 199 shares in the last quarter. Finally, GABELLI & Co INVESTMENT ADVISERS INC. lifted its holdings in Energizer Holdings by 6.9% during the 2nd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 3,100 shares of the company’s stock valued at $236,000 after buying an additional 200 shares in the last quarter. Institutional investors own 89.55% of the company’s stock.

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.

Analyst Recommendations for Energizer Holdings (NYSE:EPC)

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