Equities analysts predict that Energizer Holdings Inc (NYSE:ENR) will report $565.94 million in sales for the current fiscal quarter, Zacks Investment Research reports. Four analysts have made estimates for Energizer’s earnings, with estimates ranging from $558.00 million to $575.30 million. Energizer reported sales of $559.60 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 1.1%. The company is expected to issue its next earnings report on Wednesday, February 7th.

According to Zacks, analysts expect that Energizer will report full-year sales of $565.94 million for the current year, with estimates ranging from $1.77 billion to $1.80 billion. For the next financial year, analysts forecast that the company will report sales of $1.80 billion per share, with estimates ranging from $1.78 billion to $1.83 billion. Zacks’ sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Energizer.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. The business had revenue of $465.00 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.54 earnings per share.

A number of brokerages recently commented on ENR. KeyCorp set a $55.00 target price on shares of Energizer and gave the stock a “buy” rating in a research note on Saturday, November 25th. Jefferies Group reiterated a “hold” rating and set a $47.00 target price on shares of Energizer in a research note on Wednesday, November 8th. Morgan Stanley lowered their target price on shares of Energizer from $53.00 to $50.00 and set an “equal weight” rating for the company in a research note on Thursday, November 9th. Royal Bank of Canada reissued an “outperform” rating and issued a $60.00 price target on shares of Energizer in a research report on Wednesday, August 16th. Finally, Zacks Investment Research raised shares of Energizer from a “hold” rating to a “strong-buy” rating and set a $55.00 price target for the company in a research report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company’s stock. Energizer presently has a consensus rating of “Hold” and a consensus target price of $51.88.

Large investors have recently made changes to their positions in the company. Airain ltd raised its holdings in Energizer by 107.1% during the second quarter. Airain ltd now owns 30,180 shares of the company’s stock worth $1,449,000 after purchasing an additional 15,604 shares in the last quarter. DORCHESTER WEALTH MANAGEMENT Co acquired a new position in Energizer during the third quarter worth about $4,743,000. Blue Rock Advisors LLC grew its position in Energizer by 275.0% during the second quarter. Blue Rock Advisors LLC now owns 30,000 shares of the company’s stock worth $1,440,000 after buying an additional 22,000 shares during the period. Sei Investments Co. grew its position in Energizer by 34.8% during the second quarter. Sei Investments Co. now owns 75,192 shares of the company’s stock worth $3,610,000 after buying an additional 19,400 shares during the period. Finally, Timpani Capital Management LLC acquired a new position in Energizer during the second quarter worth about $1,059,000. 97.23% of the stock is owned by institutional investors and hedge funds.

Shares of Energizer (NYSE:ENR) traded down $0.19 during mid-day trading on Thursday, hitting $48.14. 624,200 shares of the company were exchanged, compared to its average volume of 720,375. 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 firm has a market capitalization of $2,894.15, a P/E ratio of 16.22, a P/E/G ratio of 1.61 and a beta of 0.59. Energizer has a 12-month low of $40.64 and a 12-month high of $60.07.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be issued a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.41%. This is a boost from Energizer’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Wednesday, November 29th. Energizer’s dividend payout ratio is presently 36.02%.

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About Energizer

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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Earnings History and Estimates for Energizer (NYSE:ENR)

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