Equities research analysts forecast that Energizer Holdings Inc (NYSE:ENR) will report earnings of $0.54 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Energizer’s earnings, with the highest EPS estimate coming in at $0.60 and the lowest estimate coming in at $0.49. Energizer posted earnings of $0.43 per share during the same quarter last year, which suggests a positive year over year growth rate of 25.6%. The company is expected to report its next quarterly earnings results before the market opens on Wednesday, August 1st.
According to Zacks, analysts expect that Energizer will report full-year earnings of $3.37 per share for the current fiscal year, with EPS estimates ranging from $3.35 to $3.39. For the next financial year, analysts expect that the business will report earnings of $3.66 per share, with EPS estimates ranging from $3.48 to $3.81. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Energizer.
Energizer (NYSE:ENR) last released its quarterly earnings data on Wednesday, May 2nd. The company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.03. The firm had revenue of $374.40 million for the quarter, compared to the consensus estimate of $374.32 million. Energizer had a return on equity of 292.85% and a net margin of 7.13%. The company’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 earnings per share.
ENR has been the topic of a number of research analyst reports. Zacks Investment Research upgraded Energizer from a “sell” rating to a “hold” rating in a report on Tuesday, July 3rd. Citigroup boosted their price target on Energizer from $60.00 to $66.00 and gave the company a “neutral” rating in a report on Friday, June 29th. ValuEngine upgraded Energizer from a “hold” rating to a “buy” rating in a report on Tuesday, June 26th. Jefferies Financial Group upgraded Energizer from a “hold” rating to a “buy” rating and boosted their price target for the company from $56.47 to $70.00 in a report on Monday, May 21st. Finally, Bank of America boosted their price target on Energizer from $64.00 to $67.00 and gave the company a “buy” rating in a report on Thursday, April 12th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $62.50.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 27th. The stock was sold at an average price of $63.00, for a total transaction of $472,500.00. Following the transaction, the vice president now owns 2,208 shares in the company, valued at approximately $139,104. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.79% of the stock is currently owned by corporate insiders.
Hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors bought a new stake in shares of Energizer in the 4th quarter worth approximately $118,000. Point72 Asia Hong Kong Ltd bought a new stake in shares of Energizer in the 1st quarter worth approximately $118,000. Mount Yale Investment Advisors LLC bought a new stake in shares of Energizer in the 1st quarter worth approximately $169,000. Cerebellum GP LLC bought a new stake in shares of Energizer in the 2nd quarter worth approximately $179,000. Finally, Choate Investment Advisors bought a new stake in shares of Energizer in the 1st quarter worth approximately $203,000. Hedge funds and other institutional investors own 99.29% of the company’s stock.
Energizer opened at $64.89 on Thursday, according to Marketbeat Ratings. The stock has a market capitalization of $3.87 billion, a PE ratio of 21.85, a P/E/G ratio of 2.21 and a beta of 0.84. The company has a current ratio of 1.90, a quick ratio of 1.37 and a debt-to-equity ratio of 21.86. Energizer has a 12 month low of $40.64 and a 12 month high of $64.93.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 13th. Shareholders of record on Monday, May 21st were issued a dividend of $0.29 per share. The ex-dividend date was Friday, May 18th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 1.79%. Energizer’s dividend payout ratio (DPR) is 38.93%.
