Energizer Holdings, Inc. (NYSE:ENR) Given Average Recommendation of "Hold" by Brokerages

Shares of Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) have been assigned an average rating of "Hold" from the eight research firms that are covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $38.38.

A number of equities research analysts have commented on the stock. Royal Bank of Canada reissued a "sector perform" rating and issued a $38.00 price objective on shares of Energizer in a research report on Thursday, January 30th. Canaccord Genuity Group raised their price target on Energizer from $32.00 to $36.00 and gave the company a "hold" rating in a research note on Wednesday, November 20th. Morgan Stanley upped their price objective on Energizer from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 20th. Barclays lowered Energizer from an "overweight" rating to an "equal weight" rating and raised their target price for the stock from $34.00 to $36.00 in a research report on Wednesday, November 20th. Finally, UBS Group lowered their price target on Energizer from $39.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, January 16th.

Energizer Stock Up 0.5 %

Shares of ENR stock traded up $0.14 during trading on Monday, reaching $31.19. The company's stock had a trading volume of 801,188 shares, compared to its average volume of 602,224. The company has a market capitalization of $2.25 billion, a price-to-earnings ratio of 39.48 and a beta of 1.09. Energizer has a 1-year low of $26.92 and a 1-year high of $39.51. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The stock's 50-day moving average price is $32.98 and its 200 day moving average price is $33.23.

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Energizer (NYSE:ENR - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.03. The firm had revenue of $731.70 million during the quarter, compared to analyst estimates of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. Energizer's revenue was up 2.1% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. On average, research analysts anticipate that Energizer will post 3.58 EPS for the current year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.85%. Energizer's payout ratio is currently 151.90%.

Institutional Trading of Energizer

A number of institutional investors have recently bought and sold shares of ENR. GAMMA Investing LLC increased its position in 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. Neo Ivy Capital Management acquired a new position in Energizer in the 3rd quarter valued at about $30,000. Quarry LP purchased a new position in Energizer in the 3rd quarter valued at about $39,000. Prospera Private Wealth LLC purchased a new position in Energizer in the 3rd quarter valued at about $42,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of Energizer during the 4th quarter worth about $43,000. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

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.