Energizer Holdings, Inc. (ENR) Expected to Announce Earnings of $0.47 Per Share
Equities research analysts forecast that Energizer Holdings, Inc. (NYSE:ENR) will announce earnings per share (EPS) of $0.47 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Energizer Holdings’ earnings. The lowest EPS estimate is $0.45 and the highest is $0.48. Energizer Holdings posted earnings of $0.54 per share in the same quarter last year, which would suggest a negative year over year growth rate of 13%. The firm is expected to report its next earnings report on Wednesday, November 8th.
According to Zacks, analysts expect that Energizer Holdings will report full-year earnings of $2.91 per share for the current year, with EPS estimates ranging from $2.89 to $2.92. For the next financial year, analysts forecast that the firm will report earnings of $3.02 per share, with EPS estimates ranging from $2.95 to $3.05. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that cover Energizer Holdings.
Energizer Holdings (NYSE:ENR) last issued its earnings results on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.37 by $0.06. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The company had revenue of $372 million for the quarter, compared to the consensus estimate of $390.88 million. During the same period in the previous year, the firm earned $0.32 earnings per share. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis.
A number of research analysts recently issued reports on the company. Jefferies Group LLC reiterated a “hold” rating and set a $54.00 price objective (down from $62.00) on shares of Energizer Holdings in a research note on Thursday, July 6th. Zacks Investment Research cut Energizer Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, June 20th. Royal Bank Of Canada reissued a “buy” rating and issued a $60.00 price target on shares of Energizer Holdings in a report on Thursday, June 8th. UBS AG reissued a “neutral” rating and issued a $47.00 price target (down from $49.00) on shares of Energizer Holdings in a report on Wednesday, August 9th. Finally, BidaskClub cut Energizer Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $53.88.
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Shares of Energizer Holdings (NYSE:ENR) opened at 46.06 on Friday. Energizer Holdings has a one year low of $40.98 and a one year high of $60.07. The company has a market cap of $2.85 billion, a price-to-earnings ratio of 15.29 and a beta of 0.58. The firm has a 50-day moving average of $43.80 and a 200-day moving average of $51.21.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.275 per share. The ex-dividend date of this dividend is Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.39%. Energizer Holdings’s dividend payout ratio (DPR) is 36.54%.
In other news, CEO Alan R. Hoskins acquired 12,112 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were acquired at an average cost of $41.28 per share, with a total value of $499,983.36. Following the acquisition, the chief executive officer now directly owns 98,887 shares of the company’s stock, valued at $4,082,055.36. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Timothy W. Gorman acquired 5,500 shares of the firm’s stock in a transaction dated Friday, August 18th. The shares were purchased at an average cost of $41.43 per share, for a total transaction of $227,865.00. Following the completion of the acquisition, the chief financial officer now directly owns 14,674 shares in the company, valued at $607,943.82. The disclosure for this purchase can be found here. Insiders have bought a total of 31,212 shares of company stock worth $1,297,839 over the last ninety days. Insiders own 1.73% of the company’s stock.
Several institutional investors and hedge funds have recently modified their holdings of ENR. Teachers Advisors LLC raised its holdings in shares of Energizer Holdings by 4.3% during the 4th quarter. Teachers Advisors LLC now owns 71,863 shares of the company’s stock worth $3,206,000 after acquiring an additional 2,931 shares in the last quarter. Creative Planning raised its holdings in shares of Energizer Holdings by 0.4% during the 1st quarter. Creative Planning now owns 1,999 shares of the company’s stock worth $111,000 after acquiring an additional 7 shares in the last quarter. Capstone Asset Management Co. raised its holdings in shares of Energizer Holdings by 2.5% during the 1st quarter. Capstone Asset Management Co. now owns 6,642 shares of the company’s stock worth $370,000 after acquiring an additional 160 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of Energizer Holdings during the 1st quarter worth approximately $248,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Energizer Holdings by 12.8% during the 1st quarter. Russell Investments Group Ltd. now owns 200,255 shares of the company’s stock worth $11,163,000 after acquiring an additional 22,658 shares in the last quarter. 94.12% of the stock is currently owned by institutional investors and hedge funds.
Energizer Holdings Company Profile
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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