Energizer (NYSE:ENR) Updates Q1 Earnings Guidance

Energizer (NYSE:ENR) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.60-0.65 for the period, compared to the consensus earnings per share estimate of $0.65. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ENR. Truist Financial upgraded Energizer from a “hold” rating to a “buy” rating and upped their target price for the company from $30.00 to $40.00 in a research report on Tuesday, August 27th. JPMorgan Chase & Co. boosted their target price on shares of Energizer from $29.00 to $32.00 and gave the company an “underweight” rating in a research report on Friday, October 11th. Evercore ISI cut their price target on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. Royal Bank of Canada reissued a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Wednesday, August 7th. Finally, StockNews.com lowered Energizer from a “buy” rating to a “hold” rating in a report on Monday, October 14th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Energizer currently has an average rating of “Hold” and an average target price of $35.00.

Energizer Trading Up 0.7 %

Shares of NYSE:ENR opened at $34.15 on Tuesday. The business’s 50 day moving average price is $31.55 and its 200-day moving average price is $30.43. Energizer has a 1 year low of $26.92 and a 1 year high of $34.38. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 243.91 and a beta of 1.04. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01.

Energizer Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.51%. The ex-dividend date is Wednesday, November 27th. Energizer’s payout ratio is 857.20%.

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.