Energizer (ENR) Expected to Announce Quarterly Earnings on Tuesday

Energizer (NYSE:ENR) will likely be releasing 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 $726.23 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Energizer Trading Down 0.5 %

ENR stock opened at $33.98 on Friday. The company has a market capitalization of $2.45 billion, a PE ratio of 65.35 and a beta of 1.07. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. Energizer has a 12 month low of $26.92 and a 12 month high of $39.51. The firm’s 50-day moving average is $35.92 and its 200 day moving average is $33.01.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.53%. The ex-dividend date is Thursday, February 20th. Energizer’s dividend payout ratio is presently 230.77%.

Insider Buying and Selling at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total transaction of $108,233.88. Following the completion of the sale, the vice president now owns 4,635 shares in the company, valued at approximately $178,401.15. This represents a 37.76 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Robin Vauth sold 1,978 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares of the company’s stock, valued at $207,115.26. The trade was a 25.57 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,860 shares of company stock valued at $334,694. 0.98% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

ENR has been the topic of several research analyst reports. Barclays cut Energizer from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $34.00 to $36.00 in a research note on Wednesday, November 20th. StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a research note on Friday, January 17th. UBS Group lowered their price objective on shares of 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 raised their target price on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a research report on Thursday. Seven research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $38.38.

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.