Energizer (NYSE:ENR - Get Free Report) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.60-0.65 for the period, compared to the consensus earnings per share estimate of $0.65. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.
Energizer Stock Performance
Shares of NYSE ENR traded up $3.34 during trading hours on Tuesday, reaching $37.49. The stock had a trading volume of 1,787,610 shares, compared to its average volume of 569,718. The firm has a market cap of $2.69 billion, a price-to-earnings ratio of 274.59 and a beta of 1.04. The firm has a 50-day moving average of $31.55 and a 200-day moving average of $30.43. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. Energizer has a fifty-two week low of $26.92 and a fifty-two week high of $39.19.
Energizer Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $1.20 annualized dividend and a yield of 3.20%. Energizer's payout ratio is currently 857.20%.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on ENR shares. Barclays boosted their price target on Energizer from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Friday, October 11th. JPMorgan Chase & Co. boosted their price target on shares of Energizer from $29.00 to $32.00 and gave the stock an "underweight" rating in a research report on Friday, October 11th. Truist Financial upgraded shares of Energizer from a "hold" rating to a "buy" rating and upped their price target for the company from $30.00 to $40.00 in a research report on Tuesday, August 27th. Evercore ISI reduced their price objective on Energizer from $42.00 to $40.00 and set an "outperform" rating for the company in a research report on Wednesday, August 7th. Finally, StockNews.com cut Energizer from a "buy" rating to a "hold" rating in a report on Monday, October 14th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Energizer currently has a consensus rating of "Hold" and a consensus price target of $35.00.
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About Energizer
(
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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.
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