Energizer Holdings Inc (NYSE:ENR) has been assigned an average recommendation of “Hold” from the fifteen ratings firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $58.75.

A number of research analysts have recently weighed in on ENR shares. ValuEngine downgraded shares of Energizer from a “hold” rating to a “sell” rating in a report on Tuesday, January 22nd. Evercore ISI started coverage on shares of Energizer in a report on Tuesday, February 12th. They set an “outperform” rating and a $55.00 price target on the stock. Barclays restated a “buy” rating and set a $54.00 price target on shares of Energizer in a report on Sunday, March 3rd. JPMorgan Chase & Co. started coverage on shares of Energizer in a report on Friday, March 22nd. They set a “neutral” rating and a $49.00 price target on the stock. Finally, Citigroup cut their price target on shares of Energizer from $52.00 to $50.00 and set a “neutral” rating on the stock in a report on Tuesday, March 26th.

Shares of NYSE:ENR traded down $0.06 during trading on Thursday, reaching $46.96. 948,629 shares of the company traded hands, compared to its average volume of 776,452. The firm has a market capitalization of $3.28 billion, a P/E ratio of 13.93, a price-to-earnings-growth ratio of 5.57 and a beta of 0.50. Energizer has a 1-year low of $41.88 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 released its quarterly earnings results on Tuesday, May 7th. The company reported $0.20 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.02). The business had revenue of $556.40 million for the quarter, compared to the consensus estimate of $565.61 million. Energizer had a net margin of 1.15% and a return on equity of 102.03%. The firm’s revenue for the quarter was up 48.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. Equities research analysts expect that Energizer will post 2.93 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 10th. Shareholders of record on Tuesday, May 21st will be given a $0.30 dividend. The ex-dividend date of this dividend is Monday, May 20th. This represents a $1.20 dividend on an annualized basis and a yield of 2.56%. Energizer’s dividend payout ratio (DPR) is presently 35.61%.

A number of large investors have recently added to or reduced their stakes in the business. MetLife Investment Advisors LLC boosted its position in Energizer by 6.6% in the first quarter. MetLife Investment Advisors LLC now owns 38,759 shares of the company’s stock valued at $1,741,000 after buying an additional 2,413 shares in the last quarter. Metropolitan Life Insurance Co NY boosted its position in Energizer by 6.3% in the first quarter. Metropolitan Life Insurance Co NY now owns 20,013 shares of the company’s stock valued at $899,000 after buying an additional 1,189 shares in the last quarter. FMR LLC boosted its position in Energizer by 36.0% in the first quarter. FMR LLC now owns 3,062,185 shares of the company’s stock valued at $137,584,000 after buying an additional 810,576 shares in the last quarter. Jane Street Group LLC boosted its position in Energizer by 1,522.7% in the first quarter. Jane Street Group LLC now owns 133,178 shares of the company’s stock valued at $5,984,000 after buying an additional 124,971 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC acquired a new position in Energizer in the first quarter valued at about $3,976,000. Hedge funds and other institutional investors own 80.94% of the company’s stock.

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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