Energizer (NYSE:ENR) Issues FY25 Earnings Guidance

Energizer (NYSE:ENR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $3.45 to $3.65 for the period, compared to the consensus estimate of $3.53. The company issued revenue guidance of +1 to +2% yr/yr or $2.916 billion to $2.945 billion, compared to the consensus revenue estimate of $2.92 billion. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on ENR. StockNews.com upgraded shares of Energizer from a “hold” rating to a “buy” rating in a report on Monday. JPMorgan Chase & Co. reduced their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group decreased their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Morgan Stanley increased their price target on Energizer from $33.00 to $36.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Finally, Canaccord Genuity Group boosted their price target on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research report on Wednesday, November 20th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Energizer has a consensus rating of “Hold” and a consensus target price of $38.38.

Energizer Price Performance

ENR traded down $0.84 on Wednesday, hitting $31.98. 130,809 shares of the stock were exchanged, compared to its average volume of 545,888. The company has a debt-to-equity ratio of 23.51, a current ratio of 1.80 and a quick ratio of 1.00. Energizer has a 12 month low of $26.92 and a 12 month high of $39.51. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 61.50 and a beta of 1.06. The business has a 50-day moving average of $35.71 and a two-hundred day moving average of $33.07.

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

Energizer Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.75%. Energizer’s payout ratio is currently 230.77%.

Insider Activity at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the sale, the vice president now directly owns 4,635 shares in the company, valued at $178,401.15. This trade represents a 37.76 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Robin Vauth sold 4,070 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the sale, the executive vice president now owns 9,827 shares of the company’s stock, valued at $374,998.32. This trade represents a 29.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,860 shares of company stock valued at $334,694 in the last 90 days. 0.98% of the stock is owned by corporate insiders.

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.