Citigroup Inc. Upgrades Energizer Holdings to “Focus List” (ENR)
Energizer Holdings (NYSE:ENR) was upgraded by equities research analysts at Citigroup Inc. to a “focus list” rating in a research note issued to investors on Thursday, Stock Ratings Network.com reports.
Energizer Holdings (NYSE:ENR) opened at 94.06 on Thursday. Energizer Holdings has a 1-year low of $88.83 and a 1-year high of $113.16. The stock’s 50-day moving average is $102.0 and its 200-day moving average is $100.7. The company has a market cap of $5.892 billion and a price-to-earnings ratio of 15.39.
Energizer Holdings (NYSE:ENR) last announced its earnings results on Wednesday, January 29th. The company reported $2.10 EPS for the quarter, missing the Thomson Reuters consensus estimate of $2.14 by $0.04. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the company posted $2.20 earnings per share. The company’s quarterly revenue was down 6.6% on a year-over-year basis. Analysts expect that Energizer Holdings will post $7.08 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, March 12th. Shareholders of record on Thursday, February 20th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Tuesday, February 18th.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets cut their price target on shares of Energizer Holdings from $100.00 to $95.00 in a research note on Friday, January 31st. Separately, analysts at Jefferies Group cut their price target on shares of Energizer Holdings to $95.00 in a research note on Thursday, January 30th. They now have a “hold” rating on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Energizer Holdings in a research note on Thursday, January 30th. They now have a $110.00 price target on the stock, down previously from $116.00. Four analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $111.00.
Energizer Holdings, Inc (NYSE:ENR) is a manufacturers and marketers of primary batteries, portable lighting and personal care products in the wet shave, skin care, feminine care and infant care categories.
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