$0.35 EPS Expected for Energizer Holdings, Inc. (NYSE:ENR) This Quarter

Analysts expect Energizer Holdings, Inc. (NYSE:ENRGet Rating) to post earnings of $0.35 per share for the current quarter, Zacks reports. Four analysts have issued estimates for Energizer’s earnings, with the highest EPS estimate coming in at $0.39 and the lowest estimate coming in at $0.31. Energizer posted earnings of $0.77 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 54.5%. The company is expected to announce its next earnings report before the market opens on Monday, January 1st.

On average, analysts expect that Energizer will report full year earnings of $3.21 per share for the current fiscal year, with EPS estimates ranging from $3.13 to $3.30. For the next year, analysts forecast that the business will post earnings of $3.56 per share, with EPS estimates ranging from $3.34 to $3.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of analysts that that provide coverage for Energizer.

Energizer (NYSE:ENRGet Rating) last announced its earnings results on Monday, February 7th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Energizer had a return on equity of 67.03% and a net margin of 5.09%. The company had revenue of $846.30 million for the quarter, compared to analyst estimates of $812.09 million. During the same quarter in the previous year, the company earned $1.17 earnings per share. The firm’s quarterly revenue was down .3% compared to the same quarter last year.

A number of analysts have recently weighed in on ENR shares. Zacks Investment Research raised Energizer from a “sell” rating to a “hold” rating and set a $44.00 price objective on the stock in a research report on Wednesday, January 12th. Citigroup cut their price objective on Energizer from $38.00 to $32.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 16th. JPMorgan Chase & Co. lowered their target price on shares of Energizer from $38.00 to $34.00 in a research note on Thursday, April 14th. The Goldman Sachs Group lowered their target price on shares of Energizer from $46.00 to $37.00 in a research note on Tuesday, March 29th. Finally, Morgan Stanley lowered their target price on shares of Energizer from $42.00 to $39.00 and set an “overweight” rating for the company in a research note on Wednesday, April 13th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $40.88.

Energizer stock opened at $30.29 on Monday. Energizer has a twelve month low of $29.01 and a twelve month high of $51.20. The stock’s fifty day simple moving average is $30.93 and its 200-day simple moving average is $35.59. The company has a current ratio of 1.53, a quick ratio of 0.78 and a debt-to-equity ratio of 8.11. The firm has a market capitalization of $2.16 billion, a P/E ratio of 15.15 and a beta of 1.11.

In related news, Director Robert V. Vitale acquired 1,500 shares of the firm’s stock in a transaction on Monday, February 14th. The stock was bought at an average price of $33.49 per share, for a total transaction of $50,235.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.71% of the company’s stock.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in shares of Energizer by 2.5% during the third quarter. BlackRock Inc. now owns 7,051,142 shares of the company’s stock worth $275,349,000 after buying an additional 172,662 shares during the period. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Energizer by 3.4% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,424,845 shares of the company’s stock worth $137,336,000 after buying an additional 111,911 shares during the period. LSV Asset Management boosted its stake in shares of Energizer by 2.1% during the fourth quarter. LSV Asset Management now owns 2,594,918 shares of the company’s stock worth $104,056,000 after buying an additional 54,416 shares during the period. State Street Corp boosted its stake in shares of Energizer by 2.2% during the fourth quarter. State Street Corp now owns 2,027,570 shares of the company’s stock worth $81,306,000 after buying an additional 44,607 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Energizer by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,076,188 shares of the company’s stock worth $43,155,000 after buying an additional 19,772 shares during the period. Institutional investors and hedge funds own 83.25% of the company’s stock.

About Energizer (Get Rating)

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid batteries.

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Earnings History and Estimates for Energizer (NYSE:ENR)

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