Energizer Holdings (ENR) Receiving Somewhat Favorable News Coverage, Report Finds
Media stories about Energizer Holdings (NYSE:ENR) have been trending somewhat positive on Tuesday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Energizer Holdings earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.8019766478202 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Energizer Holdings (NYSE ENR) opened at 47.89 on Tuesday. Energizer Holdings has a 52-week low of $40.98 and a 52-week high of $60.07. The company has a 50 day moving average price of $45.83 and a 200-day moving average price of $49.48. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 15.90 and a beta of 0.60.
Energizer Holdings (NYSE:ENR) last posted its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.06. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The firm had revenue of $372.00 million during the quarter, compared to analysts’ expectations of $390.88 million. During the same period in the previous year, the firm earned $0.32 earnings per share. The company’s revenue was up 3.0% on a year-over-year basis. Equities research analysts anticipate that Energizer Holdings will post $2.92 EPS for the current year.
ENR has been the subject of a number of analyst reports. BidaskClub cut Energizer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 29th. Jefferies Group LLC reiterated a “hold” rating and set a $54.00 target price (down from $62.00) on shares of Energizer Holdings in a research note on Thursday, July 6th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research note on Monday, July 10th. Royal Bank Of Canada restated a “buy” rating on shares of Energizer Holdings in a research note on Tuesday, July 18th. Finally, KeyCorp upgraded Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 price objective on the stock in a research note on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company’s stock. Energizer Holdings presently has an average rating of “Hold” and a consensus target price of $53.88.
In other Energizer Holdings news, CEO Alan R. Hoskins bought 12,112 shares of the firm’s stock in a transaction 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 completion of the purchase, the chief executive officer now owns 98,887 shares in the company, valued at $4,082,055.36. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Timothy W. Gorman acquired 6,300 shares of Energizer Holdings stock in a transaction dated Tuesday, August 22nd. The shares were purchased at an average cost of $42.26 per share, with a total value of $266,238.00. Following the completion of the transaction, the chief financial officer now directly owns 20,974 shares of the company’s stock, valued at $886,361.24. The disclosure for this purchase can be found here. Over the last three months, insiders acquired 31,212 shares of company stock valued at $1,297,839. Insiders own 1.73% of the company’s stock.
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.
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