Energizer (NYSE:ENR - Get Free Report) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.60 to $0.70 for the period, compared to the consensus estimate of $0.76. The company issued revenue guidance of flat to +1% yr/yr or $663 million to $669.6, compared to the consensus revenue estimate of $669.66 million. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.
Energizer Stock Performance
Shares of NYSE:ENR traded down $0.07 on Friday, hitting $32.07. 468,555 shares of the company were exchanged, compared to its average volume of 523,957. The company's 50 day moving average price is $35.35 and its two-hundred day moving average price is $33.07. The firm has a market capitalization of $2.32 billion, a price-to-earnings ratio of 40.60 and a beta of 1.06. The company has a debt-to-equity ratio of 22.17, a quick ratio of 1.00 and a current ratio of 1.80. Energizer has a one year low of $26.92 and a one year high of $39.51.
Energizer (NYSE:ENR - Get Free Report) last posted 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. The firm had revenue of $731.70 million during the quarter, compared to analysts' expectations of $726.23 million. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The company's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.59 EPS. Research analysts expect that Energizer will post 3.58 earnings per share for the current year.
Energizer Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.74%. The ex-dividend date is Thursday, February 20th. Energizer's dividend payout ratio (DPR) is presently 151.90%.
Analysts Set New Price Targets
Several research analysts recently issued reports on the stock. Morgan Stanley increased their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an "equal weight" rating in a research report on Wednesday, November 20th. Truist Financial lifted their price objective on Energizer from $40.00 to $45.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Canaccord Genuity Group upped their target price on shares of Energizer from $32.00 to $36.00 and gave the stock a "hold" rating in a report on Wednesday, November 20th. Barclays downgraded shares of Energizer from an "overweight" rating to an "equal weight" rating and lifted their price target for the company from $34.00 to $36.00 in a report on Wednesday, November 20th. Finally, StockNews.com upgraded shares of Energizer from a "hold" rating to a "buy" rating in a research note on Monday, February 3rd. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $38.38.
Check Out Our Latest Analysis on ENR
Insider Transactions at Energizer
In other news, VP Sara B. Hampton sold 2,812 shares of Energizer stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the completion of the sale, the vice president now owns 4,635 shares in the company, valued at $178,401.15. The trade was a 37.76 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Robin Vauth sold 1,978 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the transaction, the executive vice president now owns 5,758 shares in the company, valued at $207,115.26. This represents a 25.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 8,860 shares of company stock worth $334,694. Corporate insiders own 0.98% of the company's stock.
About Energizer
(
Get Free Report)
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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