Energizer Holdings Given Average Recommendation of “Buy” by Brokerages (NYSE:ENR)
Shares of Energizer Holdings (NYSE:ENR) have received an average recommendation of “Buy” from the twelve analysts that are presently covering the company, AnalystRatingsNetwork reports. Five analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $120.56.
In other Energizer Holdings news, Director John C. Hunter III sold 7,100 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $114.30, for a total transaction of $811,530.00. The sale was disclosed in a filing with the SEC, which is available at this link.
ENR has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Energizer Holdings in a research note on Thursday, May 29th. They now have a $120.00 price target on the stock. Separately, analysts at RBC Capital raised their price target on shares of Energizer Holdings from $136.00 to $140.00 in a research note on Tuesday, May 6th. They now have an “outperform” rating on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Energizer Holdings in a research note on Friday, May 2nd. They now have a $134.00 price target on the stock, up previously from $120.00.
Shares of Energizer Holdings (NYSE:ENR) opened at 117.985 on Wednesday. Energizer Holdings has a 52-week low of $90.59 and a 52-week high of $118.68. The stock has a 50-day moving average of $112.2 and a 200-day moving average of $104.. The company has a market cap of $7.276 billion and a P/E ratio of 18.63.
Energizer Holdings (NYSE:ENR) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.71 by $0.17. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $1.80 earnings per share. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Analysts expect that Energizer Holdings will post $7.11 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.69%. The ex-dividend date of this dividend is Monday, May 19th.
Energizer Holdings, Inc (NYSE:ENR) is the manufacturer and marketer 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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