Brokers Offer Predictions for Energizer Holdings, Inc.’s Q1 2018 Earnings (ENR)
Energizer Holdings, Inc. (NYSE:ENR) – KeyCorp issued their Q1 2018 EPS estimates for shares of Energizer Holdings in a report released on Wednesday. KeyCorp analyst J. Gere forecasts that the company will earn $1.44 per share for the quarter. KeyCorp currently has a “Buy” rating and a $55.00 price objective on the stock. KeyCorp also issued estimates for Energizer Holdings’ Q2 2018 earnings at $0.43 EPS, Q3 2018 earnings at $0.49 EPS and Q4 2018 earnings at $0.74 EPS.
Energizer Holdings (NYSE:ENR) last announced its earnings results on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. The business had revenue of $465.00 million during the quarter, compared to analyst estimates of $437.36 million. Energizer Holdings 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 period in the previous year, the business earned $0.54 EPS. ILLEGAL ACTIVITY WARNING: This report was published by Watch List News and is owned by of Watch List News. If you are reading this report on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright legislation. The legal version of this report can be viewed at https://www.watchlistnews.com/brokers-offer-predictions-for-energizer-holdings-inc-s-q1-2018-earnings-enr/1702317.html.
Several other equities research analysts have also commented on ENR. Royal Bank Of Canada restated a “buy” rating on shares of Energizer Holdings in a research note on Tuesday, July 18th. Deutsche Bank AG restated a “hold” rating and issued a $55.00 price objective (down from $62.00) on shares of Energizer Holdings in a research note on Saturday, July 22nd. Jefferies Group LLC restated a “hold” rating and issued a $52.00 price objective (down from $54.00) on shares of Energizer Holdings in a research note on Monday, July 24th. UBS AG restated a “neutral” rating and issued a $47.00 price objective (down from $49.00) on shares of Energizer Holdings in a research note on Thursday, August 3rd. Finally, Zacks Investment Research lowered Energizer Holdings from a “buy” rating to a “hold” rating in a research note on Monday, August 7th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $51.88.
Shares of Energizer Holdings (NYSE:ENR) opened at $44.20 on Monday. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50. The company has a market capitalization of $2,708.36, a price-to-earnings ratio of 14.68, a PEG ratio of 1.45 and a beta of 0.55. Energizer Holdings has a 12 month low of $40.64 and a 12 month high of $60.07.
A number of institutional investors have recently modified their holdings of ENR. BlackRock Inc. boosted its holdings in Energizer Holdings by 29.7% in the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock worth $327,486,000 after buying an additional 1,561,447 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Energizer Holdings by 77.6% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Energizer Holdings by 425.5% during the 3rd quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock valued at $29,528,000 after purchasing an additional 519,184 shares during the last quarter. Deprince Race & Zollo Inc. bought a new position in shares of Energizer Holdings during the 3rd quarter valued at about $23,581,000. Finally, First Trust Advisors LP boosted its holdings in shares of Energizer Holdings by 213.3% during the 2nd quarter. First Trust Advisors LP now owns 577,410 shares of the company’s stock valued at $27,727,000 after purchasing an additional 393,139 shares during the last quarter. 94.34% of the stock is owned by institutional investors.
In other news, CFO Timothy W. Gorman bought 6,300 shares of the company’s stock in a transaction that occurred on Tuesday, August 22nd. The stock was bought at an average price of $42.26 per share, with a total value of $266,238.00. Following the acquisition, the chief financial officer now owns 20,974 shares of the company’s stock, valued at approximately $886,361.24. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Alan R. Hoskins bought 12,112 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was purchased at an average cost of $41.28 per share, with a total value of $499,983.36. Following the acquisition, the chief executive officer now directly owns 98,887 shares in the company, valued at approximately $4,082,055.36. The disclosure for this purchase can be found here. Insiders purchased a total of 23,912 shares of company stock valued at $994,086 in the last ninety days. 1.73% of the stock is currently owned by insiders.
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 14th. Investors of record on Thursday, November 30th will be issued a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 2.62%. This is an increase from Energizer Holdings’s previous quarterly dividend of $0.28. Energizer Holdings’s dividend payout ratio is currently 34.16%.
Energizer Holdings Company Profile
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.
Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.