Several other brokerages also recently commented on ENR. Deutsche Bank AG restated a hold rating and issued a $55.00 price target (down previously from $62.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Royal Bank Of Canada restated a buy rating on shares of Energizer Holdings in a research report on Tuesday, July 18th. Jefferies Group LLC restated a hold rating and issued a $52.00 price target (down previously from $54.00) on shares of Energizer Holdings in a research report on Monday, July 24th. UBS AG restated a neutral rating and issued a $47.00 price target (down previously from $49.00) on shares of Energizer Holdings in a research report on Thursday, August 3rd. Finally, Off Wall Street started coverage on shares of Energizer Holdings in a research report on Monday, October 30th. They issued a sell rating for the company. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $51.88.
Shares of Energizer Holdings (ENR) traded up $0.45 during trading hours on Friday, hitting $44.20. 854,300 shares of the company traded hands, compared to its average volume of 725,767. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50. The stock has a market cap of $2,708.36, a P/E ratio of 14.68, a PEG ratio of 1.45 and a beta of 0.55. Energizer Holdings has a fifty-two week low of $40.64 and a fifty-two week high of $60.07.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.06. The business had revenue of $465.00 million during the quarter, compared to the consensus estimate of $437.36 million. Energizer Holdings had a net margin of 11.48% and a return on equity of 291.65%. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.54 EPS. sell-side analysts predict that Energizer Holdings will post 3.05 EPS for the current year.
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The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.62%. This is a positive change from Energizer Holdings’s previous quarterly dividend of $0.28. Energizer Holdings’s dividend payout ratio is currently 34.16%.
In related news, CFO Timothy W. Gorman acquired 5,500 shares of the company’s stock in a transaction on Friday, August 18th. The shares were purchased at an average price of $41.43 per share, for a total transaction of $227,865.00. Following the purchase, the chief financial officer now owns 14,674 shares in the company, valued at $607,943.82. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Alan R. Hoskins acquired 12,112 shares of the company’s stock in a transaction on Monday, August 21st. The stock was bought at an average price of $41.28 per share, for a total transaction of $499,983.36. Following the purchase, the chief executive officer now owns 98,887 shares in the company, valued at approximately $4,082,055.36. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 23,912 shares of company stock worth $994,086. Company insiders own 1.73% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC increased its stake in Energizer Holdings by 251.3% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 273,054 shares of the company’s stock valued at $12,574,000 after buying an additional 195,328 shares during the period. Allianz Asset Management GmbH increased its stake in Energizer Holdings by 4.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 754,599 shares of the company’s stock valued at $34,749,000 after buying an additional 29,576 shares during the period. Stifel Financial Corp increased its stake in Energizer Holdings by 110.8% in the 3rd quarter. Stifel Financial Corp now owns 94,080 shares of the company’s stock valued at $4,337,000 after buying an additional 49,440 shares during the period. Pinnacle Associates Ltd. increased its stake in shares of Energizer Holdings by 8.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 42,885 shares of the company’s stock worth $1,975,000 after purchasing an additional 3,217 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Energizer Holdings by 0.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,186,233 shares of the company’s stock worth $54,626,000 after purchasing an additional 4,434 shares during the last quarter. Hedge funds and other institutional investors own 94.34% of the company’s stock.
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.
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