Energizer Holdings, Inc. (EPC) Raised to “Hold” at Zacks Investment Research

Zacks Investment Research upgraded shares of Energizer Holdings, Inc. (NYSE:EPC) from a strong sell rating to a hold rating in a research note issued to investors 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 brokerages also recently weighed in on EPC. RBC Capital Markets set a $105.00 price objective on shares of Energizer Holdings and gave the company a buy rating in a research report on Monday, January 2nd. Jefferies Group LLC restated a hold rating and set a $79.00 price target (up from $75.00) on shares of Energizer Holdings in a research report on Friday, November 11th. Finally, Barclays PLC reiterated a hold rating and issued a $78.00 target price on shares of Energizer Holdings in a report on Tuesday, January 10th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of $88.00.

Shares of Energizer Holdings (NYSE:EPC) traded up 0.31% on Tuesday, reaching $77.79. 207,800 shares of the company’s stock traded hands. The firm has a market capitalization of $4.47 billion, a price-to-earnings ratio of 24.41 and a beta of 0.86. The company has a 50 day moving average price of $76.53 and a 200 day moving average price of $77.64. Energizer Holdings has a 52 week low of $71.24 and a 52 week high of $88.00.

Energizer Holdings (NYSE:EPC) last posted its quarterly earnings results on Thursday, February 2nd. The company reported $0.66 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.66. The business earned $485 million during the quarter, compared to analyst estimates of $496.81 million. Energizer Holdings had a net margin of 8.01% and a return on equity of 11.46%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.68 EPS. On average, equities research analysts predict that Energizer Holdings will post $3.83 earnings per share for the current fiscal year.

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A number of hedge funds have recently bought and sold shares of the stock. Seven Eight Capital LP purchased a new stake in shares of Energizer Holdings during the fourth quarter worth $321,000. GLG Partners LP boosted its stake in shares of Energizer Holdings by 74.2% in the fourth quarter. GLG Partners LP now owns 90,946 shares of the company’s stock worth $6,638,000 after buying an additional 38,731 shares during the last quarter. Two Sigma Investments LP boosted its stake in shares of Energizer Holdings by 2,516.2% in the fourth quarter. Two Sigma Investments LP now owns 183,471 shares of the company’s stock worth $13,392,000 after buying an additional 176,458 shares during the last quarter. First Republic Investment Management Inc. boosted its stake in shares of Energizer Holdings by 61.5% in the fourth quarter. First Republic Investment Management Inc. now owns 4,975 shares of the company’s stock worth $363,000 after buying an additional 1,894 shares during the last quarter. Finally, GSA Capital Partners LLP boosted its stake in shares of Energizer Holdings by 314.1% in the fourth quarter. GSA Capital Partners LLP now owns 10,631 shares of the company’s stock worth $776,000 after buying an additional 8,064 shares during the last quarter. Hedge funds and other institutional investors own 85.26% 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.

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