Wall Street brokerages expect Energizer Holdings Inc (NYSE:ENR) to announce $0.81 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Energizer’s earnings. The lowest EPS estimate is $0.79 and the highest is $0.84. Energizer posted earnings of $0.54 per share during the same quarter last year, which indicates a positive year over year growth rate of 50%. The business is scheduled to announce its next quarterly earnings results before the market opens on Thursday, November 15th.
On average, analysts expect that Energizer will report full-year earnings of $3.36 per share for the current fiscal year, with EPS estimates ranging from $3.34 to $3.39. For the next year, analysts anticipate that the firm will post earnings of $3.52 per share, with EPS estimates ranging from $3.39 to $3.66. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Energizer.
Energizer (NYSE:ENR) last posted its quarterly earnings data on Wednesday, August 1st. The company reported $0.54 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.54. The firm had revenue of $392.80 million for the quarter, compared to the consensus estimate of $389.13 million. Energizer had a return on equity of 359.49% and a net margin of 6.98%. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 EPS.
Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded Energizer from a “hold” rating to a “sell” rating in a report on Wednesday, July 11th. Deutsche Bank boosted their price objective on Energizer from $64.00 to $68.00 and gave the company a “hold” rating in a report on Thursday, August 16th. Jefferies Financial Group upgraded Energizer to a “buy” rating and set a $80.00 price objective on the stock in a report on Thursday, July 19th. Bank of America boosted their price objective on Energizer from $62.00 to $70.00 and gave the company a “buy” rating in a report on Monday, July 16th. Finally, Morgan Stanley boosted their price objective on Energizer from $63.00 to $67.00 and gave the company an “equal weight” rating in a report on Thursday, August 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and five have given a buy rating to the stock. Energizer presently has a consensus rating of “Hold” and an average price target of $68.20.
ENR stock opened at $59.28 on Tuesday. The company has a current ratio of 1.82, a quick ratio of 1.31 and a debt-to-equity ratio of 20.43. The firm has a market capitalization of $3.66 billion, a P/E ratio of 19.91, a PEG ratio of 2.26 and a beta of 0.81. Energizer has a 12-month low of $40.64 and a 12-month high of $65.57.
In other Energizer news, Director Bill G. Armstrong sold 1,000 shares of the company’s stock in a transaction dated Wednesday, October 10th. The stock was sold at an average price of $60.65, for a total transaction of $60,650.00. Following the sale, the director now owns 24,387 shares in the company, valued at approximately $1,479,071.55. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Gregory T. Kinder sold 3,810 shares of the company’s stock in a transaction dated Thursday, July 26th. The stock was sold at an average price of $65.00, for a total value of $247,650.00. Following the sale, the executive vice president now owns 3,811 shares in the company, valued at approximately $247,715. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 18,294 shares of company stock worth $1,179,569. 1.79% of the stock is owned by company insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Oakbrook Investments LLC purchased a new stake in Energizer during the 3rd quarter worth about $225,000. GHP Investment Advisors Inc. boosted its position in shares of Energizer by 7.9% during the 3rd quarter. GHP Investment Advisors Inc. now owns 30,021 shares of the company’s stock worth $1,761,000 after acquiring an additional 2,204 shares in the last quarter. First Hawaiian Bank acquired a new position in shares of Energizer during the 3rd quarter worth about $521,000. Bank of Montreal Can boosted its position in shares of Energizer by 102.7% during the 3rd quarter. Bank of Montreal Can now owns 78,635 shares of the company’s stock worth $4,612,000 after acquiring an additional 39,834 shares in the last quarter. Finally, State of Alaska Department of Revenue boosted its position in shares of Energizer by 64.2% during the 3rd quarter. State of Alaska Department of Revenue now owns 6,764 shares of the company’s stock worth $396,000 after acquiring an additional 2,644 shares in the last quarter. Institutional investors own 96.18% of the company’s stock.
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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.
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