Energizer Holdings, Inc. (ENR) Now Covered by Off Wall Street
Investment analysts at Off Wall Street started coverage on shares of Energizer Holdings, Inc. (NYSE:ENR) in a research note issued on Monday, The Fly reports. The firm set a “sell” rating on the stock.
Several other research firms also recently commented on ENR. Deutsche Bank AG reissued a “hold” rating and issued a $55.00 target price (down from $62.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Royal Bank Of Canada reissued a “buy” rating on shares of Energizer Holdings in a research report on Tuesday, July 18th. BidaskClub downgraded shares of Energizer Holdings from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 12th. Zacks Investment Research raised shares of Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 target price for the company in a research report on Monday, July 10th. Finally, Citigroup Inc. reissued a “buy” rating and issued a $54.00 target price on shares of Energizer Holdings in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $54.13.
Energizer Holdings (NYSE ENR) traded down 3.09% during trading on Monday, hitting $43.33. 388,383 shares of the company traded hands. The firm has a market cap of $2.68 billion, a P/E ratio of 14.39 and a beta of 0.60. Energizer Holdings has a one year low of $40.98 and a one year high of $60.07. The firm has a 50 day moving average of $46.12 and a 200 day moving average of $48.80.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.06. The company had revenue of $372.00 million during the quarter, compared to the consensus estimate of $390.88 million. Energizer Holdings had a net margin of 10.97% and a return on equity of 529.84%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.32 earnings per share. On average, analysts expect that Energizer Holdings will post $2.92 earnings per share for the current fiscal year.
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In other news, Director Robert V. Vitale acquired 7,300 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was acquired at an average cost of $41.61 per share, with a total value of $303,753.00. Following the acquisition, the director now owns 2,300 shares in the company, valued at $95,703. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Alan R. Hoskins acquired 12,112 shares of the firm’s stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average cost of $41.28 per share, with a total value of $499,983.36. Following the completion of the acquisition, the chief executive officer now owns 98,887 shares in the company, valued at approximately $4,082,055.36. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 31,212 shares of company stock valued at $1,297,839. 1.73% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Energizer Holdings by 7.5% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock worth $116,000 after buying an additional 169 shares during the period. IFP Advisors Inc boosted its holdings in shares of Energizer Holdings by 7.1% during the 2nd quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock worth $125,000 after buying an additional 172 shares during the period. Creative Planning boosted its holdings in shares of Energizer Holdings by 30.9% during the 2nd quarter. Creative Planning now owns 2,617 shares of the company’s stock worth $126,000 after buying an additional 618 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of Energizer Holdings by 149.1% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock worth $166,000 after buying an additional 2,071 shares during the period. Finally, Advisor Group Inc. boosted its holdings in shares of Energizer Holdings by 1.3% during the 2nd quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock worth $183,000 after buying an additional 50 shares during the period. 93.04% of the stock is 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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