Energizer Holdings, Inc. (NYSE:ENR) Given Average Recommendation of “Hold” by Brokerages

Shares of Energizer Holdings, Inc. (NYSE:ENR) have been assigned a consensus recommendation of “Hold” from the eight analysts that are currently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $38.38.

Several analysts recently weighed in on the stock. Canaccord Genuity Group lifted their price objective on shares of Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. UBS Group cut their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Royal Bank of Canada reissued a “sector perform” rating and set a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. StockNews.com cut shares of Energizer from a “buy” rating to a “hold” rating in a research note on Tuesday, February 11th. Finally, Barclays cut shares of Energizer from an “overweight” rating to an “equal weight” rating and raised their target price for the company from $34.00 to $36.00 in a research note on Wednesday, November 20th.

Energizer Trading Up 0.0 %

Energizer stock opened at $31.30 on Thursday. The firm’s 50-day moving average is $34.22 and its 200-day moving average is $33.11. The company has a debt-to-equity ratio of 22.17, a quick ratio of 0.94 and a current ratio of 1.80. Energizer has a 1 year low of $26.92 and a 1 year high of $39.51. The company has a market cap of $2.26 billion, a P/E ratio of 39.62 and a beta of 1.06.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.03. The firm had revenue of $731.70 million for the quarter, compared to the consensus estimate of $726.23 million. Energizer had a net margin of 2.02% and a return on equity of 168.16%. Energizer’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $0.59 EPS. On average, equities analysts expect that Energizer will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.30 dividend. The ex-dividend date is Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.83%. Energizer’s dividend payout ratio is currently 151.90%.

Insider Transactions at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of Energizer stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now directly owns 4,635 shares of the company’s stock, valued at $178,401.15. This trade represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Robin Vauth sold 4,070 shares of Energizer stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.16, for a total transaction of $155,311.20. Following the completion of the transaction, the executive vice president now directly owns 9,827 shares in the company, valued at approximately $374,998.32. This trade represents a 29.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. US Bancorp DE increased its position in shares of Energizer by 1.6% in the third quarter. US Bancorp DE now owns 19,593 shares of the company’s stock worth $622,000 after acquiring an additional 308 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of Energizer by 86.4% during the fourth quarter. GAMMA Investing LLC now owns 768 shares of the company’s stock worth $27,000 after purchasing an additional 356 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Energizer by 21.6% during the fourth quarter. Russell Investments Group Ltd. now owns 2,023 shares of the company’s stock worth $71,000 after purchasing an additional 360 shares during the period. Avior Wealth Management LLC boosted its holdings in shares of Energizer by 22.4% during the third quarter. Avior Wealth Management LLC now owns 2,058 shares of the company’s stock worth $65,000 after purchasing an additional 376 shares during the period. Finally, OneDigital Investment Advisors LLC boosted its holdings in shares of Energizer by 2.3% during the fourth quarter. OneDigital Investment Advisors LLC now owns 16,935 shares of the company’s stock worth $591,000 after purchasing an additional 386 shares during the period. 93.74% of the stock is owned by hedge funds and other institutional investors.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.