By otakuyassine3@gmail.com 
Energizer (NYSE:ENR – Get Free Report) issued an update on its second quarter earnings guidance on Tuesday morning. 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.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on ENR. Truist Financial upped their target price on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Morgan Stanley increased their price target on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. UBS Group decreased their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research report on Thursday, January 30th. Finally, Canaccord Genuity Group boosted their target price on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research note on Wednesday, November 20th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $38.38.
Check Out Our Latest Analysis on Energizer
Energizer Stock Performance
Energizer stock traded down $0.85 during trading hours on Tuesday, hitting $33.09. The stock had a trading volume of 765,726 shares, compared to its average volume of 531,949. Energizer has a fifty-two week low of $26.92 and a fifty-two week high of $39.51. The company has a market cap of $2.39 billion, a PE ratio of 63.62 and a beta of 1.06. The company has a 50-day moving average of $35.83 and a two-hundred day moving average of $33.05. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51.
Energizer (NYSE:ENR – Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. Energizer had a net margin of 1.32% and a return on equity of 155.40%. The firm had revenue of $731.70 million for the quarter, compared to the consensus estimate of $726.23 million. During the same quarter in the previous year, the company earned $0.59 earnings per share. The business’s revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts anticipate that Energizer will post 3.58 EPS for the current fiscal year.
Energizer Dividend Announcement
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 paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s dividend payout ratio is 230.77%.
Insider Activity
In related news, EVP Robin Vauth sold 1,978 shares of Energizer stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares of the company’s stock, valued at $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at $178,401.15. The trade was a 37.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,860 shares of company stock worth $334,694. Corporate insiders own 0.98% of the company’s stock.
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.
Further Reading
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