Energizer Holdings Inc (NYSE:ENR) has been given an average recommendation of “Hold” by the eleven ratings firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $51.43.
Several analysts have recently weighed in on ENR shares. KeyCorp set a $55.00 price objective on shares of Energizer and gave the company a “buy” rating in a research note on Saturday, November 25th. Citigroup reiterated a “buy” rating and issued a $54.00 price objective on shares of Energizer in a research note on Wednesday, August 23rd. Morgan Stanley lowered their price objective on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, November 9th. Zacks Investment Research lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Monday, November 13th. Finally, Jefferies Group reiterated a “hold” rating and issued a $47.00 price objective on shares of Energizer in a research note on Wednesday, November 8th.
A number of hedge funds and other institutional investors have recently bought and sold shares of ENR. BlackRock Inc. grew its position in Energizer by 29.7% in the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock valued at $327,486,000 after purchasing an additional 1,561,447 shares during the period. Fuller & Thaler Asset Management Inc. grew its position in Energizer by 77.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares during the period. American Century Companies Inc. grew its position in Energizer by 425.5% in the 3rd quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock valued at $29,528,000 after purchasing an additional 519,184 shares during the period. Deprince Race & Zollo Inc. acquired a new stake in Energizer in the 3rd quarter valued at $23,581,000. Finally, First Trust Advisors LP grew its position in Energizer by 213.3% in the 2nd quarter. First Trust Advisors LP now owns 577,410 shares of the company’s stock valued at $27,727,000 after purchasing an additional 393,139 shares during the period. 99.27% of the stock is owned by institutional investors and hedge funds.
Energizer (NYSE ENR) traded up $0.07 during trading on Thursday, reaching $47.55. 506,900 shares of the company’s stock traded hands, compared to its average volume of 722,957. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50. Energizer has a 52-week low of $40.64 and a 52-week high of $60.07. The company has a market cap of $2,843.25, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59.
Energizer (NYSE:ENR) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.06. The firm had revenue of $465.00 million during the quarter, compared to analyst estimates of $437.36 million. Energizer had a net margin of 11.48% and a return on equity of 291.65%. The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.54 EPS. equities research analysts expect that Energizer will post 3.05 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a $0.29 dividend. The ex-dividend date is Wednesday, November 29th. This represents a $1.16 annualized dividend and a dividend yield of 2.44%. This is a positive change from Energizer’s previous quarterly dividend of $0.28. Energizer’s payout ratio is currently 36.02%.
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.
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