Analysts forecast that Energizer Holdings Inc (NYSE:ENR) will report $565.94 million in sales for the current fiscal quarter, according to Zacks. Four analysts have issued estimates for Energizer’s earnings. The highest sales estimate is $575.30 million and the lowest is $558.00 million. Energizer posted sales of $559.60 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 1.1%. The firm is scheduled to issue its next earnings report before the market opens on Wednesday, January 31st.

According to Zacks, analysts expect that Energizer will report full-year sales of $565.94 million for the current fiscal year, with estimates ranging from $1.77 billion to $1.80 billion. For the next financial year, analysts expect that the company will post sales of $1.81 billion per share, with estimates ranging from $1.78 billion to $1.83 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow Energizer.

Energizer (NYSE:ENR) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, beating the consensus estimate of $0.48 by $0.06. The business had revenue of $465.00 million for the quarter, compared to analyst estimates of $437.36 million. Energizer had a net margin of 11.48% and a return on equity of 291.65%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.54 earnings per share.

ENR has been the topic of several research reports. Zacks Investment Research lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Monday, November 13th. Off Wall Street initiated coverage on shares of Energizer in a research report on Monday, October 30th. They issued a “sell” rating on the stock. KeyCorp reiterated a “buy” rating and issued a $64.00 price target (up from $55.00) on shares of Energizer in a research report on Wednesday. SunTrust Banks increased their price target on shares of Energizer to $70.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Citigroup lowered their price target on shares of Energizer from $54.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, November 10th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $56.56.

Energizer (ENR) traded up $7.49 during mid-day trading on Wednesday, hitting $59.11. 6,070,600 shares of the stock traded hands, compared to its average volume of 1,439,590. The firm has a market capitalization of $3,430.00 and a price-to-earnings ratio of 18.41. Energizer has a twelve month low of $40.64 and a twelve month high of $62.86. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50.

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. boosted its position 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 during the last quarter. Vanguard Group Inc. boosted its position in Energizer by 0.6% during the second quarter. Vanguard Group Inc. now owns 5,221,575 shares of the company’s stock worth $250,740,000 after acquiring an additional 28,652 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Energizer by 8.6% during the third quarter. JPMorgan Chase & Co. now owns 3,804,646 shares of the company’s stock worth $174,519,000 after acquiring an additional 299,862 shares during the last quarter. Neuberger Berman Group LLC raised its stake in Energizer by 11.3% during the third quarter. Neuberger Berman Group LLC now owns 2,993,563 shares of the company’s stock worth $137,854,000 after purchasing an additional 304,730 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised 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 purchasing an additional 863,371 shares during the period.

COPYRIGHT VIOLATION NOTICE: “Analysts Anticipate Energizer Holdings Inc (ENR) Will Announce Quarterly Sales of $565.94 Million” was published by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/17/analysts-anticipate-energizer-holdings-inc-enr-will-announce-quarterly-sales-of-565-94-million.html.

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.

Get a free copy of the Zacks research report on Energizer (ENR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Energizer (NYSE:ENR)

Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.