Equities research analysts predict that Energizer Holdings Inc (NYSE:ENR) will announce $1.42 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Energizer’s earnings, with the lowest EPS estimate coming in at $1.38 and the highest estimate coming in at $1.44. Energizer reported earnings per share of $1.51 in the same quarter last year, which would indicate a negative year over year growth rate of 6%. The company is expected to issue its next quarterly earnings results on Wednesday, February 7th.

On average, analysts expect that Energizer will report full year earnings of $3.05 per share for the current year, with EPS estimates ranging from $3.02 to $3.10. For the next financial year, analysts forecast that the firm will report earnings of $3.26 per share, with EPS estimates ranging from $3.21 to $3.30. Zacks’ EPS averages are a mean average based on a survey of research firms that follow Energizer.

Energizer (NYSE:ENR) last issued its earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.06. The company had revenue of $465.00 million for the quarter, compared to analysts’ expectations of $437.36 million. Energizer had a net margin of 11.48% and a return on equity of 291.65%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS.

ENR has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Energizer from a “hold” rating to a “strong-buy” rating and set a $55.00 price target on the stock in a report on Tuesday, October 17th. KeyCorp set a $55.00 price target on shares of Energizer and gave the stock a “buy” rating in a report on Monday, October 16th. Jefferies Group reissued a “hold” rating and issued a $47.00 price target on shares of Energizer in a report on Wednesday, November 8th. Citigroup cut their price target on shares of Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, November 10th. Finally, Morgan Stanley cut their price target on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating on the stock in a report on Thursday, November 9th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $51.88.

Several institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. boosted its stake in Energizer by 29.7% during the second quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock worth $327,486,000 after acquiring an additional 1,561,447 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Energizer by 77.6% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock worth $90,972,000 after acquiring an additional 863,371 shares in the last quarter. American Century Companies Inc. boosted its stake in Energizer by 425.5% during the third quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock worth $29,528,000 after acquiring an additional 519,184 shares in the last quarter. Deprince Race & Zollo Inc. bought a new stake in Energizer during the third quarter worth about $23,581,000. Finally, First Trust Advisors LP boosted its stake in Energizer by 213.3% during the second quarter. First Trust Advisors LP now owns 577,410 shares of the company’s stock worth $27,727,000 after acquiring an additional 393,139 shares in the last quarter. 97.23% of the stock is currently owned by hedge funds and other institutional investors.

Energizer (ENR) opened at $48.35 on Tuesday. The company has a market cap of $2,876.79, a price-to-earnings ratio of 16.12, a P/E/G ratio of 1.60 and a beta of 0.59. Energizer has a 52-week low of $40.64 and a 52-week high of $60.07. The company has a debt-to-equity ratio of 11.50, a current ratio of 1.75 and a quick ratio of 1.21.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.29 per share. This is a positive change from Energizer’s previous quarterly dividend of $0.28. The ex-dividend date is Wednesday, November 29th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.40%. Energizer’s payout ratio is presently 36.02%.

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About Energizer

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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Earnings History and Estimates for Energizer (NYSE:ENR)

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