Energizer (NYSE:ENR) has received an average recommendation of “Hold” from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $62.75.
Several equities research analysts recently weighed in on the stock. Bank of America upped their price objective on shares of Energizer from $64.00 to $67.00 and gave the stock a “buy” rating in a report on Thursday. Deutsche Bank downgraded shares of Energizer from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Friday, April 6th. Citigroup cut shares of Energizer from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $52.00 to $64.00 in a research report on Wednesday, January 17th. Finally, Royal Bank of Canada reiterated a “buy” rating and issued a $65.00 price target on shares of Energizer in a research report on Thursday, February 1st.
ENR stock opened at $58.03 on Wednesday. The stock has a market capitalization of $3,517.28, a P/E ratio of 19.51, a P/E/G ratio of 1.46 and a beta of 0.82. Energizer has a fifty-two week low of $40.64 and a fifty-two week high of $64.00. The company has a debt-to-equity ratio of 29.02, a current ratio of 1.90 and a quick ratio of 1.39.
Energizer (NYSE:ENR) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.12. The business had revenue of $573.30 million during the quarter, compared to the consensus estimate of $566.50 million. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.51 earnings per share. analysts anticipate that Energizer will post 3.39 EPS for the current fiscal year.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the sale, the vice president now owns 9,708 shares in the company, valued at approximately $543,648. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Susan K. Drath sold 13,904 shares of the business’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of $63.27, for a total value of $879,706.08. Following the sale, the vice president now owns 22,367 shares in the company, valued at approximately $1,415,160.09. The disclosure for this sale can be found here. 1.79% of the stock is currently owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB acquired a new stake in Energizer during the 4th quarter worth about $283,000. Banco de Sabadell S.A acquired a new stake in Energizer during the 4th quarter worth about $468,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new stake in Energizer during the 4th quarter worth about $955,000. Sterling Capital Management LLC raised its holdings in Energizer by 8.6% during the 4th quarter. Sterling Capital Management LLC now owns 55,580 shares of the company’s stock worth $2,667,000 after buying an additional 4,380 shares during the period. Finally, Segall Bryant & Hamill LLC raised its holdings in Energizer by 8.7% during the 4th quarter. Segall Bryant & Hamill LLC now owns 296,768 shares of the company’s stock worth $14,239,000 after buying an additional 23,714 shares during the period. Hedge funds and other institutional investors own 97.24% of the company’s stock.
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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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