1 week Ago By ABMN Staff
Energizer Holdings, Inc. ( NYSE:ENR – Get Free Report ) reached a new 52-week low during trading on Monday . The company traded as low as $26.
87 and last traded at $27.02, with a volume of 627833 shares trading hands. The stock had previously closed at $28.
42. Wall Street Analyst Weigh In Several equities research analysts recently issued reports on ENR shares. UBS Group decreased their target price on shares of Energizer from $39.
00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. JPMorgan Chase & Co.
cut their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th.
Royal Bank of Canada restated a “sector perform” rating and set a $38.00 price target on shares of Energizer in a research note on Thursday, January 30th. Barclays reduced their price objective on Energizer from $36.
00 to $32.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 27th. Finally, StockNews.
com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Tuesday, February 11th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.
com, the stock currently has a consensus rating of “Hold” and an average target price of $37.88. Get Our Latest Stock Analysis on Energizer Energizer Stock Performance Energizer ( NYSE:ENR – Get Free Report ) last posted its quarterly earnings results on Tuesday, February 4th.
The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.
03. Energizer had a return on equity of 168.16% and a net margin of 2.
02%. The business had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.
23 million. During the same period last year, the firm earned $0.59 earnings per share.
The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts predict that Energizer Holdings, Inc.
will post 3.58 earnings per share for the current fiscal year. Energizer Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Thursday, March 13th.
Stockholders of record on Thursday, February 20th were given a $0.30 dividend. The ex-dividend date was Thursday, February 20th.
This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.42%.
Energizer’s payout ratio is currently 151.90%. Hedge Funds Weigh In On Energizer A number of hedge funds and other institutional investors have recently bought and sold shares of the stock.
Millennium Management LLC lifted its stake in Energizer by 66.7% in the fourth quarter. Millennium Management LLC now owns 1,240,038 shares of the company’s stock valued at $43,265,000 after buying an additional 496,146 shares during the last quarter.
Raymond James Financial Inc. bought a new position in Energizer in the 4th quarter worth about $11,718,000. Brandywine Global Investment Management LLC acquired a new stake in shares of Energizer in the fourth quarter valued at approximately $7,685,000.
Balyasny Asset Management L.P. raised its holdings in shares of Energizer by 427.
7% during the fourth quarter. Balyasny Asset Management L.P.
now owns 269,901 shares of the company’s stock valued at $9,417,000 after buying an additional 218,759 shares during the last quarter. Finally, Norges Bank acquired a new position in shares of Energizer during the fourth quarter worth approximately $7,277,000. 93.
74% of the stock is currently owned by institutional investors and hedge funds. Energizer Company Profile ( Get Free Report ) 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.
See Also 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 ..
