Energizer (ENR) to Release Quarterly Earnings on Tuesday

Energizer (NYSE:ENR) is set to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.02. The business had revenue of $716.60 million for the quarter, compared to the consensus estimate of $710.73 million. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The firm’s quarterly revenue was down 6.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. On average, analysts expect Energizer to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Energizer Trading Up 0.2 %

ENR opened at $28.58 on Tuesday. Energizer has a 1-year low of $26.92 and a 1-year high of $37.32. The stock has a market capitalization of $2.05 billion, a PE ratio of 22.16 and a beta of 1.06. The company has a current ratio of 2.03, a quick ratio of 1.15 and a debt-to-equity ratio of 19.36. The firm has a 50-day moving average price of $28.45 and a two-hundred day moving average price of $30.63.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Wednesday, May 22nd will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 4.20%. Energizer’s dividend payout ratio (DPR) is currently 93.02%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Barclays reduced their price objective on Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a report on Friday, April 12th. StockNews.com cut Energizer from a “buy” rating to a “hold” rating in a report on Wednesday, February 7th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $35.00.

About Energizer

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, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.