Analysts Offer Predictions for Energizer Holdings, Inc.’s Q4 2018 Earnings (ENR)
Energizer Holdings, Inc. (NYSE:ENR) – Research analysts at Jefferies Group issued their Q4 2018 earnings per share estimates for shares of Energizer Holdings in a research note issued to investors on Wednesday. Jefferies Group analyst K. Grundy forecasts that the company will post earnings of $0.71 per share for the quarter. Jefferies Group currently has a “Hold” rating and a $47.00 target price on the stock.
Several other research firms have also issued reports on ENR. Zacks Investment Research lowered shares of Energizer Holdings from a “buy” rating to a “hold” rating in a report on Monday. Deutsche Bank AG reaffirmed a “hold” rating and issued a $55.00 price target (down from $62.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Energizer Holdings in a report on Tuesday, July 18th. Citigroup Inc. reaffirmed a “buy” rating and issued a $54.00 price target on shares of Energizer Holdings in a report on Wednesday, August 23rd. Finally, UBS AG reaffirmed a “neutral” rating and issued a $47.00 price target (down from $49.00) on shares of Energizer Holdings in a report on Thursday, August 3rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Energizer Holdings presently has a consensus rating of “Hold” and a consensus price target of $51.88.
Energizer Holdings (NYSE ENR) traded down $0.32 during midday trading on Monday, reaching $43.88. 890,600 shares of the company’s stock traded hands, compared to its average volume of 726,516. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50. Energizer Holdings has a fifty-two week low of $40.64 and a fifty-two week high of $60.07. The stock has a market capitalization of $2,736.22, a price-to-earnings ratio of 14.83, a P/E/G ratio of 1.47 and a beta of 0.55.
Energizer Holdings (NYSE:ENR) last released its quarterly earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.06. Energizer Holdings had a net margin of 11.48% and a return on equity of 291.65%. The business had revenue of $465.00 million for the quarter, compared to analyst estimates of $437.36 million. During the same period in the previous year, the company earned $0.54 earnings per share. The business’s revenue for the quarter was up 7.5% on a year-over-year basis.
Several large investors have recently bought and sold shares of ENR. Thrivent Financial For Lutherans lifted its stake in shares of Energizer Holdings by 9.9% during the first quarter. Thrivent Financial For Lutherans now owns 11,640 shares of the company’s stock worth $649,000 after buying an additional 1,050 shares during the period. UBS Group AG lifted its position in Energizer Holdings by 11.0% during the first quarter. UBS Group AG now owns 12,245 shares of the company’s stock valued at $683,000 after purchasing an additional 1,210 shares during the period. HighTower Advisors LLC lifted its position in Energizer Holdings by 8.4% during the first quarter. HighTower Advisors LLC now owns 6,600 shares of the company’s stock valued at $366,000 after purchasing an additional 512 shares during the period. Public Employees Retirement System of Ohio lifted its position in Energizer Holdings by 3.5% during the first quarter. Public Employees Retirement System of Ohio now owns 31,908 shares of the company’s stock valued at $1,779,000 after purchasing an additional 1,088 shares during the period. Finally, Capstone Asset Management Co. lifted its position in Energizer Holdings by 3.6% during the second quarter. Capstone Asset Management Co. now owns 6,882 shares of the company’s stock valued at $330,000 after purchasing an additional 240 shares during the period. Institutional investors and hedge funds own 94.34% of the company’s stock.
In related news, CEO Alan R. Hoskins acquired 12,112 shares of the stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $41.28 per share, for a total transaction of $499,983.36. Following the completion of the purchase, the chief executive officer now owns 98,887 shares of the company’s stock, valued at approximately $4,082,055.36. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Timothy W. Gorman acquired 5,500 shares of the stock in a transaction dated Friday, August 18th. The shares were bought at an average price of $41.43 per share, with a total value of $227,865.00. Following the completion of the purchase, the chief financial officer now directly owns 14,674 shares of the company’s stock, valued at approximately $607,943.82. The disclosure for this purchase can be found here. Insiders have bought 23,912 shares of company stock valued at $994,086 over the last quarter. Insiders own 1.73% of the company’s stock.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 14th. Stockholders of record on Thursday, November 30th will be paid a dividend of $0.29 per share. This is an increase from Energizer Holdings’s previous quarterly dividend of $0.28. This represents a $1.16 annualized dividend and a dividend yield of 2.64%. The ex-dividend date is Wednesday, November 29th. Energizer Holdings’s payout ratio is presently 34.16%.
About Energizer Holdings
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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