Energizer (NYSE:ENR) Releases Q2 Earnings Guidance

Energizer (NYSE:ENR) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.60 to $0.70 for the period, compared to the consensus estimate of $0.76. The company issued revenue guidance of flat to +1% yr/yr or $663 million to $669.6, compared to the consensus revenue estimate of $669.66 million. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Energizer Trading Up 1.0 %

Energizer stock traded up $0.32 during midday trading on Thursday, hitting $32.63. 35,673 shares of the stock were exchanged, compared to its average volume of 552,937. The company has a fifty day simple moving average of $35.60 and a two-hundred day simple moving average of $33.06. Energizer has a 52 week low of $26.92 and a 52 week high of $39.51. The stock has a market capitalization of $2.35 billion, a PE ratio of 62.74 and a beta of 1.06. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51.

Energizer (NYSE:ENR) last announced its earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.64 by $0.03. The firm had revenue of $731.70 million for the quarter, compared to the consensus estimate of $726.23 million. Energizer had a net margin of 1.32% and a return on equity of 155.40%. The business’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the company posted $0.59 EPS. Equities research analysts anticipate that Energizer will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be issued a $0.30 dividend. The ex-dividend date is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.68%. Energizer’s dividend payout ratio (DPR) is presently 230.77%.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ENR shares. Morgan Stanley lifted their price objective on shares of Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, November 20th. StockNews.com upgraded shares of Energizer from a “hold” rating to a “buy” rating in a report on Monday. Truist Financial lifted their price objective on shares of Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 price objective on shares of Energizer in a report on Thursday, January 30th. Finally, UBS Group lowered their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $38.38.

Insiders Place Their Bets

In related news, EVP Robin Vauth sold 4,070 shares of the business’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.16, for a total value of $155,311.20. Following the completion of the transaction, the executive vice president now owns 9,827 shares of the company’s stock, valued at $374,998.32. The trade was a 29.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the transaction, the vice president now directly owns 4,635 shares of the company’s stock, valued at approximately $178,401.15. This trade represents a 37.76 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,860 shares of company stock valued at $334,694 over the last ninety days. 0.98% of the stock is currently owned by company insiders.

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.