Brokerages forecast that Energizer Holdings Inc (NYSE:ENR) will announce earnings of $0.42 per share for the current fiscal quarter, Zacks reports. Four analysts have issued estimates for Energizer’s earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.46. Energizer reported earnings per share of $0.50 in the same quarter last year, which suggests a negative year over year growth rate of 16%. The firm is scheduled to announce its next quarterly earnings results on Wednesday, May 2nd.
According to Zacks, analysts expect that Energizer will report full year earnings of $3.39 per share for the current financial year, with EPS estimates ranging from $3.36 to $3.42. For the next year, analysts forecast that the firm will post earnings of $3.67 per share, with EPS estimates ranging from $3.60 to $3.81. Zacks’ EPS averages are an average based on a survey of research analysts that cover Energizer.
Energizer (NYSE:ENR) last posted its earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.12. The business had revenue of $573.30 million for the quarter, compared to analysts’ expectations of $566.50 million. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.51 earnings per share.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $56.00, for a total transaction of $420,000.00. Following the sale, the vice president now directly owns 9,708 shares of the company’s stock, valued at $543,648. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 1.79% of the stock is currently owned by corporate insiders.
A number of institutional investors have recently modified their holdings of ENR. Xact Kapitalforvaltning AB acquired a new position in shares of Energizer during the fourth quarter worth approximately $283,000. Banco de Sabadell S.A acquired a new position in shares of Energizer during the fourth quarter worth approximately $468,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp acquired a new position in shares of Energizer during the fourth quarter worth approximately $955,000. Sterling Capital Management LLC lifted its position in shares of Energizer by 8.6% during the fourth quarter. Sterling Capital Management LLC now owns 55,580 shares of the company’s stock worth $2,667,000 after purchasing an additional 4,380 shares in the last quarter. Finally, Segall Bryant & Hamill LLC lifted its position in shares of Energizer by 8.7% during the fourth quarter. Segall Bryant & Hamill LLC now owns 296,768 shares of the company’s stock worth $14,239,000 after purchasing an additional 23,714 shares in the last quarter. 97.24% of the stock is currently owned by hedge funds and other institutional investors.
Energizer (ENR) traded up $0.47 during midday trading on Tuesday, reaching $55.77. 504,845 shares of the company were exchanged, compared to its average volume of 795,129. The company has a market capitalization of $3,380.00 and a PE ratio of 20.73. Energizer has a twelve month low of $40.64 and a twelve month high of $62.86. The company has a debt-to-equity ratio of 29.02, a quick ratio of 1.39 and a current ratio of 1.90.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.29 per share. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.16 annualized dividend and a yield of 2.08%. Energizer’s dividend payout ratio is 43.12%.
Energizer 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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