Energizer (ENR) Set to Announce Earnings on Tuesday

Energizer (NYSE:ENR) will be posting its quarterly earnings results before the market opens on Tuesday, November 19th. Analysts expect Energizer to post earnings of $1.17 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Energizer Price Performance

Shares of NYSE ENR opened at $33.98 on Tuesday. The firm has a 50-day simple moving average of $31.38 and a 200-day simple moving average of $30.28. The company has a quick ratio of 1.01, a current ratio of 1.99 and a debt-to-equity ratio of 26.04. The stock has a market capitalization of $2.44 billion, a price-to-earnings ratio of 242.73 and a beta of 1.04. Energizer has a 52 week low of $26.92 and a 52 week high of $36.72.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 dividend on an annualized basis and a yield of 3.53%. Energizer’s payout ratio is 857.20%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ENR. JPMorgan Chase & Co. upped their price target on Energizer from $29.00 to $32.00 and gave the company an “underweight” rating in a research report on Friday, October 11th. Barclays upped their target price on Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Friday, October 11th. Evercore ISI reduced their price target on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Wednesday, August 7th. Finally, Truist Financial raised shares of Energizer from a “hold” rating to a “buy” rating and lifted their target price for the stock from $30.00 to $40.00 in a research note on Tuesday, August 27th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $35.00.

Energizer Company Profile

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.