$0.21 EPS Expected for Energizer Holdings Inc (ENR) This Quarter

Wall Street analysts expect Energizer Holdings Inc (NYSE:ENR) to report earnings per share (EPS) of $0.21 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Energizer’s earnings. The lowest EPS estimate is $0.10 and the highest is $0.29. Energizer reported earnings of $0.45 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 53.3%. The firm is expected to report its next earnings results on Wednesday, May 1st.

On average, analysts expect that Energizer will report full year earnings of $3.01 per share for the current financial year, with EPS estimates ranging from $2.96 to $3.10. For the next fiscal year, analysts forecast that the company will post earnings of $3.56 per share, with EPS estimates ranging from $3.40 to $3.80. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Energizer.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, February 5th. The company reported $1.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.53 by $0.11. Energizer had a net margin of 5.78% and a return on equity of 452.08%. The firm had revenue of $572.00 million for the quarter, compared to analyst estimates of $572.02 million. During the same period in the previous year, the firm posted $1.55 EPS. The company’s revenue for the quarter was down .2% compared to the same quarter last year.

A number of equities research analysts have weighed in on ENR shares. Jefferies Financial Group reissued a “buy” rating and set a $64.00 target price on shares of Energizer in a report on Tuesday, January 15th. Evercore ISI started coverage on shares of Energizer in a research note on Tuesday, February 12th. They issued an “outperform” rating and a $55.00 price objective on the stock. ValuEngine lowered shares of Energizer from a “hold” rating to a “sell” rating in a research note on Tuesday, January 22nd. Barclays reaffirmed a “buy” rating and issued a $54.00 price objective on shares of Energizer in a research note on Sunday, March 3rd. Finally, Bank of America reaffirmed an “underperform” rating and issued a $45.00 price objective (down from $50.00) on shares of Energizer in a research note on Thursday, December 6th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $58.27.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Energizer by 2.1% during the 3rd quarter. Vanguard Group Inc. now owns 5,521,114 shares of the company’s stock valued at $323,813,000 after acquiring an additional 114,000 shares during the period. Putnam Investments LLC lifted its position in shares of Energizer by 118.5% during the 3rd quarter. Putnam Investments LLC now owns 143,546 shares of the company’s stock valued at $8,419,000 after acquiring an additional 77,840 shares during the period. First Manhattan Co. lifted its position in shares of Energizer by 1,526.5% during the 4th quarter. First Manhattan Co. now owns 46,225 shares of the company’s stock valued at $2,087,000 after acquiring an additional 43,383 shares during the period. Boston Partners lifted its position in shares of Energizer by 35.9% during the 4th quarter. Boston Partners now owns 633,800 shares of the company’s stock valued at $28,616,000 after acquiring an additional 167,486 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of Energizer by 4.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,160,218 shares of the company’s stock valued at $302,647,000 after acquiring an additional 243,347 shares during the period. 79.43% of the stock is currently owned by institutional investors.

ENR opened at $44.93 on Wednesday. Energizer has a fifty-two week low of $42.74 and a fifty-two week high of $65.57. The company has a debt-to-equity ratio of 13.86, a quick ratio of 1.10 and a current ratio of 1.45. The company has a market cap of $3.14 billion, a price-to-earnings ratio of 12.99, a price-to-earnings-growth ratio of 2.46 and a beta of 0.49.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Stockholders of record on Monday, February 25th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.67%. The ex-dividend date was Friday, February 22nd. Energizer’s dividend payout ratio is currently 35.61%.

About Energizer

Energizer Holdings, Inc manufacturers and markets batteries and lighting products. The company’s products include household batteries, specialty batteries, and portable lighting. Energizer Holdings was founded in 2000 and is headquartered in St. Louis, MO.

Further Reading: Put Option Volume

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.