Analysts Anticipate Energizer Holdings Inc (ENR) Will Announce Quarterly Sales of $565.94 Million
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.
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.
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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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