Energizer Holdings, Inc. (NYSE:ENR) – Analysts at Jefferies Group issued their Q1 2018 earnings estimates for Energizer Holdings in a research report issued to clients and investors on Wednesday. Jefferies Group analyst K. Grundy expects that the company will earn $1.43 per share for the quarter. Jefferies Group has a “Hold” rating and a $47.00 price objective on the stock. Jefferies Group also issued estimates for Energizer Holdings’ Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.48 EPS, FY2019 earnings at $3.21 EPS and FY2020 earnings at $3.35 EPS.
Energizer Holdings (NYSE:ENR) last released 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. Energizer Holdings had a net margin of 11.48% and a return on equity of 291.65%. The business had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $437.36 million. During the same period in the prior year, the firm earned $0.54 earnings per share. Energizer Holdings’s revenue was up 7.5% compared to the same quarter last year. WARNING: “Energizer Holdings, Inc. to Post Q1 2018 Earnings of $1.43 Per Share, Jefferies Group Forecasts (ENR)” was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://sportsperspectives.com/2017/11/12/energizer-holdings-inc-to-post-q1-2018-earnings-of-1-43-per-share-jefferies-group-forecasts-enr.html.
Several other analysts have also recently commented on ENR. UBS AG reissued a “neutral” rating and set a $47.00 price target (down from $49.00) on shares of Energizer Holdings in a research note on Wednesday, August 9th. Morgan Stanley decreased their price target on shares of Energizer Holdings from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Thursday. Citigroup Inc. decreased their price target on shares of Energizer Holdings from $54.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday. Deutsche Bank AG reissued a “hold” rating and set a $49.00 price target (down from $55.00) on shares of Energizer Holdings in a research note on Wednesday, August 9th. Finally, Zacks Investment Research cut shares of Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Monday, August 7th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $51.88.
Shares of Energizer Holdings (ENR) opened at $43.75 on Friday. Energizer Holdings has a 52 week low of $40.64 and a 52 week high of $60.07. The company has a debt-to-equity ratio of 11.50, a quick ratio of 1.35 and a current ratio of 1.75. The company has a market cap of $2,708.34, a P/E ratio of 14.68, a PEG ratio of 1.45 and a beta of 0.55.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Alps Advisors Inc. raised its holdings in Energizer Holdings by 0.3% in the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock worth $416,000 after purchasing an additional 22 shares during the period. Advisor Group Inc. raised its holdings in Energizer Holdings by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after purchasing an additional 50 shares during the period. Synovus Financial Corp raised its holdings in Energizer Holdings by 1.7% in the second quarter. Synovus Financial Corp now owns 4,978 shares of the company’s stock worth $243,000 after purchasing an additional 85 shares during the period. Teacher Retirement System of Texas raised its holdings in Energizer Holdings by 3.0% in the second quarter. Teacher Retirement System of Texas now owns 4,960 shares of the company’s stock worth $238,000 after purchasing an additional 144 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Energizer Holdings by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares during the period. Institutional investors own 92.86% of the company’s stock.
In other news, CEO Alan R. Hoskins bought 12,112 shares of the business’s stock in a transaction on Monday, August 21st. The shares were bought at an average cost of $41.28 per share, for a total transaction of $499,983.36. Following the completion of the acquisition, the chief executive officer now owns 98,887 shares in the company, valued at approximately $4,082,055.36. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Timothy W. Gorman bought 6,300 shares of the business’s stock in a transaction on Tuesday, August 22nd. The stock was purchased at an average price of $42.26 per share, for a total transaction of $266,238.00. Following the completion of the acquisition, the chief financial officer now owns 20,974 shares of the company’s stock, valued at approximately $886,361.24. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 23,912 shares of company stock worth $994,086. Company insiders own 1.73% 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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