Wall Street analysts expect Energizer Holdings, Inc. (NYSE:ENR) to post sales of $733.25 million for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Energizer’s earnings. The highest sales estimate is $742.56 million and the lowest is $722.20 million. Energizer posted sales of $763.00 million during the same quarter last year, which would suggest a negative year over year growth rate of 3.9%. The firm is expected to announce its next earnings report on Thursday, November 11th.
On average, analysts expect that Energizer will report full-year sales of $2.99 billion for the current fiscal year, with estimates ranging from $2.98 billion to $3.00 billion. For the next financial year, analysts expect that the company will post sales of $2.97 billion, with estimates ranging from $2.91 billion to $3.05 billion. Zacks Investment Research’s sales averages are an average based on a survey of research firms that cover Energizer.
Energizer (NYSE:ENR) last announced its quarterly earnings results on Monday, August 9th. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.07. Energizer had a return on equity of 73.22% and a net margin of 0.87%. The company had revenue of $721.80 million for the quarter, compared to the consensus estimate of $654.20 million. During the same quarter in the previous year, the business earned $0.50 EPS. Energizer’s revenue was up 9.7% compared to the same quarter last year.
In other news, CFO Timothy W. Gorman purchased 5,875 shares of the stock in a transaction dated Wednesday, August 11th. The shares were purchased at an average cost of $40.89 per share, with a total value of $240,228.75. Following the acquisition, the chief financial officer now directly owns 86,462 shares of the company’s stock, valued at $3,535,431.18. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.41% of the stock is owned by corporate insiders.
Several large investors have recently bought and sold shares of the company. Parkside Financial Bank & Trust increased its stake in shares of Energizer by 9.8% in the 1st quarter. Parkside Financial Bank & Trust now owns 2,641 shares of the company’s stock worth $126,000 after purchasing an additional 235 shares in the last quarter. Eudaimonia Partners LLC increased its stake in Energizer by 42.9% in the 1st quarter. Eudaimonia Partners LLC now owns 1,000 shares of the company’s stock worth $47,000 after buying an additional 300 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its stake in Energizer by 9.1% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,194 shares of the company’s stock worth $180,000 after buying an additional 350 shares in the last quarter. ARGI Investment Services LLC increased its stake in Energizer by 2.6% in the 2nd quarter. ARGI Investment Services LLC now owns 15,407 shares of the company’s stock worth $662,000 after buying an additional 391 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund increased its stake in Energizer by 2.5% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 19,806 shares of the company’s stock worth $851,000 after buying an additional 489 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.
ENR stock opened at $38.52 on Friday. Energizer has a fifty-two week low of $36.99 and a fifty-two week high of $52.85. The business’s 50 day moving average price is $39.94 and its two-hundred day moving average price is $44.15. The company has a debt-to-equity ratio of 9.85, a quick ratio of 0.87 and a current ratio of 1.70. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 296.31 and a beta of 1.22.
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 14th. Stockholders of record on Tuesday, August 24th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, August 23rd. This represents a $1.20 annualized dividend and a dividend yield of 3.12%. Energizer’s payout ratio is 51.95%.
Energizer Company Profile
Energizer Holdings, Inc manufacturers and markets batteries and lighting products. It also designs and manufactures automotive fragrance and appearance products. The firm’s brands include Bahama & Co, Bahama & Co, Eagle One, Nu Finish and STP. The company’s products include household batteries, specialty batteries, and portable lighting.
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