Energizer Holdings Inc (NYSE:ENR) Receives $55.46 Average Price Target from Analysts

Energizer Holdings Inc (NYSE:ENR) has been given an average rating of “Hold” by the fifteen analysts that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell rating, two have given a hold rating and eight have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $55.46.

A number of equities analysts recently weighed in on the company. ValuEngine raised Zogenix from a “buy” rating to a “strong-buy” rating in a research note on Thursday, June 27th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,775 ($23.19) price target on shares of in a research note on Wednesday, June 26th. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 280 ($3.66) price objective on shares of in a research report on Wednesday, June 19th. Zacks Investment Research lowered First Bancorp from a “buy” rating to a “hold” rating in a research report on Friday, June 14th. Finally, Citigroup upgraded China Petroleum & Chemical from a “neutral” rating to a “buy” rating in a research report on Tuesday, May 14th.

In other news, Director Robert V. Vitale purchased 1,765 shares of Energizer stock in a transaction dated Friday, May 31st. The stock was acquired at an average cost of $42.31 per share, for a total transaction of $74,677.15. Following the acquisition, the director now directly owns 8,225 shares in the company, valued at $347,999.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.25% of the stock is owned by insiders.

Institutional investors have recently made changes to their positions in the company. Twin Tree Management LP acquired a new stake in shares of Energizer during the 1st quarter valued at about $28,000. Quantamental Technologies LLC acquired a new stake in shares of Energizer during the 1st quarter valued at about $29,000. Osborn Williams & Donohoe LLC acquired a new stake in shares of Energizer during the 1st quarter valued at about $31,000. Advisory Services Network LLC lifted its holdings in shares of Energizer by 107.7% during the 1st quarter. Advisory Services Network LLC now owns 754 shares of the company’s stock valued at $34,000 after buying an additional 391 shares during the last quarter. Finally, Rockefeller Capital Management L.P. lifted its holdings in shares of Energizer by 2,395.8% during the 1st quarter. Rockefeller Capital Management L.P. now owns 2,396 shares of the company’s stock valued at $107,000 after buying an additional 2,300 shares during the last quarter. Institutional investors and hedge funds own 87.70% of the company’s stock.

NYSE:ENR traded up $0.52 during mid-day trading on Friday, reaching $40.33. 64,906 shares of the stock were exchanged, compared to its average volume of 1,020,532. The business’s fifty day moving average price is $41.31. The company has a market cap of $2.79 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 3.96 and a beta of 0.54. Energizer has a 1-year low of $37.39 and a 1-year high of $65.57. The company has a quick ratio of 1.66, a current ratio of 2.14 and a debt-to-equity ratio of 5.51.

Energizer (NYSE:ENR) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.20 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.02). The company had revenue of $556.40 million during the quarter, compared to analysts’ expectations of $565.61 million. Energizer had a return on equity of 102.03% and a net margin of 1.15%. The company’s revenue for the quarter was up 48.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS. As a group, research analysts expect that Energizer will post 2.91 earnings per share for the current year.

Energizer Company Profile

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.

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Analyst Recommendations for Energizer (NYSE:ENR)

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