Shares of Energizer Holdings, Inc. (NYSE:ENR) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $58.43.
Several research firms recently commented on ENR. Royal Bank Of Canada reissued a “buy” rating and issued a $57.00 target price on shares of Energizer Holdings in a report on Friday, March 24th. Morgan Stanley lowered Energizer Holdings from an “overweight” rating to an “equal weight” rating and increased their target price for the company from $58.00 to $61.00 in a report on Wednesday, April 19th. They noted that the move was a valuation call. Jefferies Group LLC set a $60.00 target price on Energizer Holdings and gave the company a “hold” rating in a report on Wednesday, May 3rd. Finally, Zacks Investment Research lowered Energizer Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, April 4th.
COPYRIGHT VIOLATION NOTICE: This report was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://sportsperspectives.com/2017/06/20/energizer-holdings-inc-enr-given-consensus-rating-of-buy-by-analysts-updated.html.
Energizer Holdings (NYSE:ENR) traded down 0.93% during mid-day trading on Tuesday, hitting $51.26. The stock had a trading volume of 490,496 shares. Energizer Holdings has a 52-week low of $41.97 and a 52-week high of $60.07. The stock has a market cap of $3.17 billion, a P/E ratio of 17.06 and a beta of 0.59. The firm has a 50-day moving average of $53.48 and a 200-day moving average of $52.43.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, May 3rd. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.34 by $0.16. The firm had revenue of $359 million for the quarter, compared to analyst estimates of $366.66 million. Energizer Holdings had a return on equity of 1,405.85% and a net margin of 11.00%. Energizer Holdings’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share. On average, analysts forecast that Energizer Holdings will post $2.86 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 14th. Shareholders of record on Monday, May 22nd were issued a dividend of $0.275 per share. This represents a $1.10 annualized dividend and a dividend yield of 2.15%. The ex-dividend date of this dividend was Thursday, May 18th. Energizer Holdings’s payout ratio is 36.67%.
Several institutional investors have recently modified their holdings of the company. PEAK6 Investments L.P. raised its position in shares of Energizer Holdings by 2,260.8% in the fourth quarter. PEAK6 Investments L.P. now owns 10,804 shares of the company’s stock valued at $482,000 after buying an additional 11,304 shares during the last quarter. Gideon Capital Advisors Inc. purchased a new position in shares of Energizer Holdings during the fourth quarter valued at about $278,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of Energizer Holdings during the fourth quarter valued at about $310,000. Asset Management One Co. Ltd. raised its position in shares of Energizer Holdings by 2.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 44,044 shares of the company’s stock valued at $1,967,000 after buying an additional 875 shares during the last quarter. Finally, Gamco Investors INC. ET AL raised its position in shares of Energizer Holdings by 0.3% in the fourth quarter. Gamco Investors INC. ET AL now owns 1,402,606 shares of the company’s stock valued at $62,570,000 after buying an additional 4,466 shares during the last quarter. 91.87% of the stock is currently owned by institutional investors.
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.
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.