Energizer (NYSE:ENR)‘s stock had its “buy” rating reaffirmed by equities researchers at KeyCorp in a research note issued to investors on Wednesday. They currently have a $64.00 price objective on the stock, up from their prior price objective of $55.00. KeyCorp’s price target would indicate a potential upside of 16.75% from the company’s current price.

ENR has been the subject of a number of other research reports. Off Wall Street initiated coverage on Energizer in a research report on Monday, October 30th. They set a “sell” rating for the company. Morgan Stanley decreased their price objective on Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Thursday, November 9th. Deutsche Bank raised Energizer from a “hold” rating to a “buy” rating and decreased their price objective for the company from $50.00 to $49.00 in a report on Thursday, January 4th. Zacks Investment Research cut Energizer from a “buy” rating to a “hold” rating in a report on Monday, November 13th. Finally, Citigroup decreased their price objective on Energizer from $54.00 to $52.00 and set a “buy” rating for the company in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $56.56.

Shares of Energizer (NYSE ENR) traded down $2.24 during mid-day trading on Wednesday, reaching $54.82. The company had a trading volume of 1,366,500 shares, compared to its average volume of 1,519,767. Energizer has a 1 year low of $40.64 and a 1 year high of $62.86. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50. The stock has a market cap of $3,416.93, a P/E ratio of 17.02, a price-to-earnings-growth ratio of 2.54 and a beta of 0.59.

Energizer (NYSE:ENR) last announced its earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. Energizer had a return on equity of 291.65% and a net margin of 11.48%. The firm had revenue of $465.00 million for the quarter, compared to the consensus estimate of $437.36 million. During the same period in the previous year, the business earned $0.54 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. sell-side analysts predict that Energizer will post 3.15 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Energizer by 7.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after purchasing an additional 169 shares during the period. Zions Bancorporation acquired a new position in Energizer in the 3rd quarter worth about $120,000. Oppenheimer Asset Management Inc. raised its holdings in Energizer by 149.1% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock worth $166,000 after purchasing an additional 2,071 shares during the period. Advisor Group Inc. raised its holdings in Energizer by 1.3% in the 2nd quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after purchasing an additional 50 shares during the period. Finally, Intl Fcstone Inc. acquired a new position in Energizer in the 2nd quarter worth about $234,000.

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Energizer 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.

Analyst Recommendations for Energizer (NYSE:ENR)

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