Stock Traders Purchase Large Volume of Energizer Call Options (ENR)
Energizer Holdings Inc (NYSE:ENR) was the target of unusually large options trading activity on Tuesday. Stock traders purchased 920 call options on the company. This is an increase of approximately 1,233% compared to the average daily volume of 69 call options.
Shares of Energizer (NYSE ENR) opened at $54.82 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.21 and a debt-to-equity ratio of 11.50. The stock has a market cap of $3,310.00 and a price-to-earnings ratio of 17.08. Energizer has a 1-year low of $40.64 and a 1-year high of $62.86.
Energizer (NYSE:ENR) last announced its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. The firm 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 company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS. equities research analysts forecast that Energizer will post 3.11 EPS for the current fiscal year.
A number of research firms have recently issued reports on ENR. SunTrust Banks upped their target price on shares of Energizer to $70.00 and gave the stock a “buy” rating in a report on Wednesday. Citigroup lowered shares of Energizer from a “buy” rating to a “neutral” rating and upped their target price for the stock from $52.00 to $64.00 in a report on Wednesday. KeyCorp reaffirmed a “buy” rating and set a $64.00 target price (up previously from $55.00) on shares of Energizer in a report on Wednesday. Zacks Investment Research lowered shares of Energizer from a “buy” rating to a “hold” rating in a report on Thursday. Finally, Deutsche Bank raised shares of Energizer from a “hold” rating to a “buy” rating and dropped their target price for the stock from $50.00 to $49.00 in a report on Thursday, January 4th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $56.56.
Energizer 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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