Energizer (NYSE:ENR) Releases 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 FY25 guidance to $3.45-3.65 EPS.

Analyst Ratings Changes

A number of research firms have recently weighed in on ENR. StockNews.com downgraded Energizer from a “buy” rating to a “hold” rating in a research report on Monday, October 14th. Barclays upped their target price on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Truist Financial upgraded shares of Energizer from a “hold” rating to a “buy” rating and lifted their price target for the stock from $30.00 to $40.00 in a research report on Tuesday, August 27th. Evercore ISI cut their price objective on shares of Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a $38.00 target price on shares of Energizer in a report on Wednesday, August 7th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, Energizer currently has a consensus rating of “Hold” and a consensus target price of $35.00.

Energizer Trading Up 0.7 %

Shares of ENR stock opened at $34.15 on Tuesday. The stock has a 50 day simple moving average of $31.55 and a 200 day simple moving average of $30.43. Energizer has a 1 year low of $26.92 and a 1 year high of $34.38. The company has a current ratio of 1.99, a quick ratio of 1.01 and a debt-to-equity ratio of 26.04. The stock has a market cap of $2.45 billion, a P/E ratio of 243.91 and a beta of 1.04.

Energizer Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid 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%.

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.