Energizer (ENR) Scheduled to Post Quarterly Earnings on Tuesday

Energizer (NYSE:ENR) is set to post its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of $0.67 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Energizer (NYSE:ENR) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. Energizer had a return on equity of 123.29% and a net margin of 3.21%. The firm had revenue of $716.60 million during the quarter, compared to analyst estimates of $710.73 million. During the same quarter last year, the business posted $0.72 earnings per share. The business’s quarterly revenue was down 6.3% compared to the same quarter last year. On average, analysts expect Energizer to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Energizer Stock Performance

NYSE:ENR opened at $29.19 on Friday. The stock’s 50 day simple moving average is $28.39 and its two-hundred day simple moving average is $30.57. Energizer has a 1 year low of $26.92 and a 1 year high of $37.32. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The company has a market cap of $2.10 billion, a price-to-earnings ratio of 22.63 and a beta of 1.04.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Shareholders of record on Wednesday, May 22nd will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, May 21st. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.11%. Energizer’s payout ratio is currently 93.02%.

Analyst Ratings Changes

Several analysts have recently issued reports on ENR shares. StockNews.com cut shares of Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Barclays decreased their price objective on Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, April 12th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat, Energizer presently has a consensus rating of “Hold” and a consensus target price of $35.00.

About Energizer

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.