Energizer Holdings, Inc. (NYSE:ENR) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Energizer Holdings, Inc. (NYSE:ENR) have earned an average rating of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $33.75.

Several equities analysts have commented on the stock. Canaccord Genuity Group decreased their price target on shares of Energizer from $36.00 to $31.00 and set a “hold” rating for the company in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. dropped their price objective on Energizer from $36.00 to $30.00 and set a “neutral” rating on the stock in a report on Friday, April 11th. UBS Group dropped their price objective on Energizer from $36.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday, April 17th. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a report on Tuesday, February 11th. Finally, Barclays dropped their price objective on Energizer from $32.00 to $27.00 and set an “equal weight” rating on the stock in a report on Friday, April 11th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its position in shares of Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after buying an additional 356 shares in the last quarter. CX Institutional acquired a new stake in shares of Energizer during the first quarter worth approximately $33,000. Public Employees Retirement System of Ohio bought a new position in Energizer during the fourth quarter worth $43,000. Smartleaf Asset Management LLC lifted its stake in Energizer by 94.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,554 shares of the company’s stock worth $54,000 after purchasing an additional 753 shares during the last quarter. Finally, Central Pacific Bank Trust Division lifted its stake in Energizer by 750.0% during the fourth quarter. Central Pacific Bank Trust Division now owns 1,700 shares of the company’s stock worth $59,000 after purchasing an additional 1,500 shares during the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer Stock Down 0.0 %

Energizer stock opened at $26.96 on Tuesday. Energizer has a fifty-two week low of $25.42 and a fifty-two week high of $39.52. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. The firm has a 50 day moving average price of $28.89 and a 200 day moving average price of $32.59. The company has a market capitalization of $1.95 billion, a PE ratio of 34.13 and a beta of 0.92.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.64 by $0.03. Energizer had a net margin of 2.02% and a return on equity of 168.16%. The company had revenue of $731.70 million during the quarter, compared to analysts’ expectations of $726.23 million. During the same quarter last year, the company posted $0.59 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. Research analysts expect that Energizer will post 3.58 earnings per share for the current year.

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.45%. Energizer’s payout ratio is 151.90%.

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.