A number of other research firms have also issued reports on ENR. Jefferies Group reiterated a hold rating and set a $62.00 price objective on shares of Energizer in a research note on Thursday, March 29th. Deutsche Bank lowered Energizer from a buy rating to a hold rating in a research note on Monday, April 2nd. Citigroup lowered Energizer from a buy rating to a neutral rating and boosted their price objective for the company from $52.00 to $64.00 in a research note on Wednesday, January 17th. SunTrust Banks boosted their price objective on Energizer to $70.00 and gave the company a buy rating in a research note on Wednesday, January 17th. Finally, KeyCorp reiterated a buy rating and set a $64.00 price objective (up from $55.00) on shares of Energizer in a research note on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus price target of $61.50.
NYSE:ENR opened at $58.03 on Thursday. The company has a debt-to-equity ratio of 29.02, a quick ratio of 1.39 and a current ratio of 1.90. Energizer has a 52-week low of $40.64 and a 52-week high of $64.00. The firm has a market cap of $3,517.28, a P/E ratio of 19.47, a P/E/G ratio of 1.46 and a beta of 0.82.
Energizer (NYSE:ENR) last released its quarterly earnings data on Wednesday, January 31st. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.12. Energizer had a return on equity of 274.69% and a net margin of 9.40%. The company had revenue of $573.30 million for the quarter, compared to analyst estimates of $566.50 million. During the same period in the previous year, the company posted $1.51 EPS. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. research analysts forecast that Energizer will post 3.39 earnings per share for the current year.
In related news, VP Emily K. Boss sold 7,500 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total transaction of $420,000.00. Following the completion of the transaction, the vice president now directly owns 9,708 shares in the company, valued at $543,648. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, VP Susan K. Drath sold 13,904 shares of the business’s stock in a transaction dated Thursday, March 29th. The stock was sold at an average price of $63.27, for a total value of $879,706.08. Following the transaction, the vice president now owns 22,367 shares of the company’s stock, valued at $1,415,160.09. The disclosure for this sale can be found here. 1.79% of the stock is owned by insiders.
Institutional investors have recently bought and sold shares of the stock. Ford Financial Group Inc. purchased a new position in shares of Energizer in the 4th quarter worth about $114,000. Captrust Financial Advisors purchased a new position in shares of Energizer in the 4th quarter worth about $118,000. Zions Bancorporation purchased a new position in shares of Energizer in the 3rd quarter worth about $120,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Energizer by 51.0% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,643 shares of the company’s stock worth $175,000 after purchasing an additional 1,231 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Energizer in the 4th quarter worth about $215,000. Institutional investors and hedge funds own 97.24% of the company’s stock.
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Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.
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