$0.42 Earnings Per Share Expected for Energizer Holdings Inc (ENR) This Quarter

Brokerages expect Energizer Holdings Inc (NYSE:ENR) to post earnings per share of $0.42 for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Energizer’s earnings, with estimates ranging from $0.37 to $0.46. Energizer reported earnings of $0.50 per share during the same quarter last year, which indicates a negative year over year growth rate of 16%. The company is scheduled to issue its next earnings results on Wednesday, May 2nd.

On average, analysts expect that Energizer will report full year earnings of $3.39 per share for the current financial year, with EPS estimates ranging from $3.36 to $3.42. For the next year, analysts forecast that the business will post earnings of $3.67 per share, with EPS estimates ranging from $3.60 to $3.81. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Energizer.

How to Become a New Pot Stock Millionaire

Energizer (NYSE:ENR) last issued its quarterly earnings results on Wednesday, January 31st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.12. The business had revenue of $573.30 million for the quarter, compared to analysts’ expectations of $566.50 million. Energizer had a net margin of 9.40% and a return on equity of 274.69%. The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.51 earnings per share.

Several analysts have recently issued reports on the stock. KeyCorp set a $55.00 price target on shares of Energizer and gave the stock a “buy” rating in a research report on Saturday, November 25th. Zacks Investment Research raised shares of Energizer from a “hold” rating to a “strong-buy” rating and set a $64.00 price target on the stock in a research report on Monday, February 5th. Citigroup cut shares of Energizer from a “buy” rating to a “neutral” rating and increased their price target for the stock from $52.00 to $64.00 in a research report on Wednesday, January 17th. Deutsche Bank raised shares of Energizer from a “hold” rating to a “buy” rating and reduced their price target for the stock from $50.00 to $49.00 in a research report on Thursday, January 4th. Finally, SunTrust Banks increased their price target on shares of Energizer to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Energizer has a consensus rating of “Hold” and an average price target of $59.22.

Shares of Energizer (NYSE:ENR) traded down $0.21 on Friday, hitting $51.89. 380,778 shares of the stock traded hands, compared to its average volume of 909,756. The firm has a market capitalization of $3,135.89, a PE ratio of 19.36, a PEG ratio of 1.30 and a beta of 0.95. Energizer has a 1-year low of $40.64 and a 1-year high of $62.86. The company has a debt-to-equity ratio of 29.02, a current ratio of 1.90 and a quick ratio of 1.39.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 13th. Shareholders of record on Tuesday, February 20th were paid a $0.29 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.16 annualized dividend and a yield of 2.24%. Energizer’s dividend payout ratio is currently 43.28%.

In other Energizer news, VP Emily K. Boss sold 7,500 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $56.00, for a total value of $420,000.00. Following the transaction, the vice president now directly owns 9,708 shares in the company, valued at $543,648. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.79% of the company’s stock.

Institutional investors have recently made changes to their positions in the business. Ford Financial Group Inc. purchased a new position in Energizer in the fourth quarter valued at approximately $114,000. Bank of New York Mellon Corp increased its stake in Energizer by 2.3% in the third quarter. Bank of New York Mellon Corp now owns 824,888 shares of the company’s stock valued at $37,986,000 after purchasing an additional 18,881 shares during the last quarter. Virtus Fund Advisers LLC increased its stake in Energizer by 23.1% in the fourth quarter. Virtus Fund Advisers LLC now owns 3,769,760 shares of the company’s stock valued at $180,873,000 after purchasing an additional 707,896 shares during the last quarter. Engineers Gate Manager LP purchased a new position in Energizer in the fourth quarter valued at approximately $2,097,000. Finally, Teacher Retirement System of Texas increased its stake in Energizer by 311.0% in the fourth quarter. Teacher Retirement System of Texas now owns 21,021 shares of the company’s stock valued at $1,009,000 after purchasing an additional 15,906 shares during the last quarter. Institutional investors own 97.24% of the company’s stock.

WARNING: “$0.42 Earnings Per Share Expected for Energizer Holdings Inc (ENR) This Quarter” was published by Ticker Report and is the sole property of of Ticker Report. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.tickerreport.com/banking-finance/3294297/0-42-earnings-per-share-expected-for-energizer-holdings-inc-enr-this-quarter.html.

Energizer 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.

Get a free copy of the Zacks research report on Energizer (ENR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Energizer (NYSE:ENR)

Receive News & Ratings for Energizer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Atlantic Capital  Receiving Somewhat Favorable Press Coverage, Accern Reports
Atlantic Capital Receiving Somewhat Favorable Press Coverage, Accern Reports
Foresight Energy  Receives Daily Media Sentiment Rating of -0.02
Foresight Energy Receives Daily Media Sentiment Rating of -0.02
Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Park-Ohio  Stock Price
Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Park-Ohio Stock Price
Ribbon Communications Inc  Receives $7.56 Consensus PT from Analysts
Ribbon Communications Inc Receives $7.56 Consensus PT from Analysts
Analysts Set Progressive Co.  Price Target at $53.43
Analysts Set Progressive Co. Price Target at $53.43
Brokerages Set Fortune Brands Home & Security  Target Price at $73.62
Brokerages Set Fortune Brands Home & Security Target Price at $73.62


© 2006-2018 Ticker Report. Google+.