Energizer Holdings, Inc. (ENR) Expected to Earn Q4 2018 Earnings of $0.71 Per Share
Energizer Holdings, Inc. (NYSE:ENR) – Equities researchers at Jefferies Group issued their Q4 2018 earnings per share estimates for Energizer Holdings in a note issued to investors on Wednesday. Jefferies Group analyst K. Grundy anticipates that the company will earn $0.71 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $47.00 target price on the stock.
ENR has been the topic of a number of other reports. UBS AG restated a “neutral” rating and issued a $47.00 price objective (down from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Morgan Stanley cut their price objective on Energizer Holdings from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $60.00 target price on shares of Energizer Holdings in a research note on Wednesday, August 16th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “strong-buy” rating and set a $55.00 target price for the company in a research note on Tuesday, October 17th. Finally, KeyCorp upgraded Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 target price for the company in a research note on Tuesday, July 18th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $51.88.
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Energizer Holdings (NYSE:ENR) traded up $0.45 during trading on Monday, hitting $44.20. The stock had a trading volume of 854,300 shares, compared to its average volume of 725,767. The stock has a market cap of $2,708.36, a P/E ratio of 14.68, a price-to-earnings-growth ratio of 1.45 and a beta of 0.55. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50. Energizer Holdings has a 52 week low of $40.64 and a 52 week high of $60.07.
Energizer Holdings (NYSE:ENR) last released its quarterly earnings data on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. The company had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. Energizer Holdings had a return on equity of 291.65% and a net margin of 11.48%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.54 EPS.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Shareholders of record on Thursday, November 30th will be paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 2.62%. This is a positive change from Energizer Holdings’s previous quarterly dividend of $0.28. Energizer Holdings’s dividend payout ratio (DPR) is 34.16%.
In other news, CFO Timothy W. Gorman bought 6,300 shares of Energizer Holdings stock in a transaction on Tuesday, August 22nd. The shares were bought at an average price of $42.26 per share, with a total value of $266,238.00. Following the acquisition, the chief financial officer now directly owns 20,974 shares in the company, valued at approximately $886,361.24. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Timothy W. Gorman bought 5,500 shares of Energizer Holdings stock in a transaction on Friday, August 18th. The shares were purchased at an average cost of $41.43 per share, for a total transaction of $227,865.00. Following the acquisition, the chief financial officer now owns 14,674 shares in the company, valued at $607,943.82. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 23,912 shares of company stock valued at $994,086. 1.73% of the stock is owned by insiders.
A number of large investors have recently added to or reduced their stakes in the business. BlackRock Inc. lifted its holdings in Energizer Holdings by 29.7% during the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock worth $327,486,000 after buying an additional 1,561,447 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Energizer Holdings by 0.6% during the 2nd quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock worth $250,740,000 after buying an additional 28,652 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Energizer Holdings by 8.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,804,646 shares of the company’s stock worth $174,519,000 after buying an additional 299,862 shares during the last quarter. Neuberger Berman Group LLC lifted its holdings in Energizer Holdings by 10.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 2,688,833 shares of the company’s stock worth $129,118,000 after buying an additional 244,332 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Energizer Holdings by 77.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock worth $90,972,000 after purchasing an additional 863,371 shares during the last quarter. 94.34% of the stock is currently owned by institutional investors.
Energizer Holdings 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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