Energizer (ENR) to Release Earnings on Tuesday

Energizer (NYSE:ENR) is expected to release its earnings data before the market opens on Tuesday, February 4th. Analysts expect Energizer to post earnings of $0.64 per share and revenue of $727,371.00 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Energizer Stock Up 0.3 %

Energizer stock opened at $34.53 on Tuesday. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. The company’s 50-day moving average is $36.25 and its 200-day moving average is $32.93. The firm has a market capitalization of $2.49 billion, a PE ratio of 66.40 and a beta of 1.07. Energizer has a fifty-two week low of $26.92 and a fifty-two week high of $39.51.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s dividend payout ratio (DPR) is presently 230.77%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. UBS Group reduced their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Truist Financial lifted their price objective on shares of Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Barclays lowered shares of Energizer from an “overweight” rating to an “equal weight” rating and increased their price objective for the company from $34.00 to $36.00 in a research report on Wednesday, November 20th. Morgan Stanley upped their price target on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 20th. Finally, Canaccord Genuity Group raised their price objective on shares of Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research report on Wednesday, November 20th. Seven investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.38.

Insiders Place Their Bets

In other Energizer news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the sale, the vice president now directly owns 4,635 shares in the company, valued at $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Robin Vauth sold 1,978 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the transaction, the executive vice president now owns 5,758 shares of the company’s stock, valued at $207,115.26. The trade was a 25.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,860 shares of company stock worth $334,694 in the last quarter. Corporate insiders own 0.98% of the company’s stock.

Energizer Company Profile

Energizer Holdings, Inc, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer, Eveready, and Rayovac brands; primary, rechargeable, specialty, and hearing aid batteries; and handheld, headlights, lanterns, and area lights, as well as flashlights under the Hard Case, Dolphin, and WeatherReady brands.