Energizer Holdings Inc. (NYSE:ENR) has received a consensus rating of “Hold” from the eight analysts that are covering the firm. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $51.50.
Several analysts recently commented on the company. Jefferies Group dropped their price objective on Energizer Holdings from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, July 7th. Goldman Sachs Group Inc. downgraded Energizer Holdings from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $50.00 to $52.00 in a research note on Tuesday, July 12th. They noted that the move was a valuation call. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research note on Tuesday, June 28th. TheStreet initiated coverage on Energizer Holdings in a research note on Thursday, July 14th. They issued a “sell” rating on the stock. Finally, SunTrust Banks Inc. lifted their price target on Energizer Holdings from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Thursday, August 4th.
Shares of Energizer Holdings (NYSE:ENR) opened at 47.53 on Friday. Energizer Holdings has a 52 week low of $28.85 and a 52 week high of $53.41. The company has a market cap of $2.94 billion, a P/E ratio of 22.84 and a beta of 0.52. The company’s 50-day moving average price is $47.85 and its 200 day moving average price is $47.36.
Energizer Holdings (NYSE:ENR) last issued its quarterly earnings data on Wednesday, August 3rd. The company reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.30 by $0.02. The business had revenue of $361 million for the quarter, compared to the consensus estimate of $356.69 million. Energizer Holdings had a negative return on equity of 565.91% and a net margin of 8.07%. The firm’s revenue was down 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 EPS. On average, equities analysts forecast that Energizer Holdings will post $2.27 EPS for the current fiscal year.
In related news, VP Emily K. Boss sold 1,865 shares of Energizer Holdings stock in a transaction dated Wednesday, September 7th. The stock was sold at an average price of $49.56, for a total value of $92,429.40. Following the sale, the vice president now owns 1,860 shares of the company’s stock, valued at $92,181.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.37% of the stock is owned by corporate insiders.
Hedge funds have recently added to or reduced their stakes in the stock. Adage Capital Partners GP L.L.C. increased its stake in Energizer Holdings by 22.4% in the first quarter. Adage Capital Partners GP L.L.C. now owns 697,596 shares of the company’s stock worth $28,260,000 after buying an additional 127,596 shares in the last quarter. RS Investment Management Co. LLC bought a new stake in Energizer Holdings during the second quarter worth about $21,831,000. State Street Corp increased its stake in Energizer Holdings by 5.6% in the first quarter. State Street Corp now owns 1,742,930 shares of the company’s stock worth $70,604,000 after buying an additional 92,726 shares in the last quarter. Nuveen Asset Management LLC increased its stake in Energizer Holdings by 152.2% in the first quarter. Nuveen Asset Management LLC now owns 63,472 shares of the company’s stock worth $2,571,000 after buying an additional 38,300 shares in the last quarter. Finally, Kennedy Capital Management Inc. bought a new stake in Energizer Holdings during the first quarter worth about $2,018,000. 90.18% of the stock is currently owned by institutional investors and hedge funds.