Energizer (NYSE:ENR) Issues Q2 Earnings Guidance

Energizer (NYSE:ENR) issued an update on its second quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $0.60 to $0.70 for the period, compared to the consensus EPS 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 Price Performance

NYSE ENR traded up $0.32 during trading on Thursday, hitting $32.63. 35,673 shares of the company’s stock were exchanged, compared to its average volume of 552,937. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 23.51. The company has a market cap of $2.35 billion, a PE ratio of 62.74 and a beta of 1.06. Energizer has a fifty-two week low of $26.92 and a fifty-two week high of $39.51. The stock’s 50 day moving average price is $35.60 and its two-hundred day moving average price is $33.06.

Energizer (NYSE:ENR) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating 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 company had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. During the same quarter in the prior year, the firm posted $0.59 earnings per share. The firm’s revenue was up 2.1% compared to the same quarter last year. Research analysts expect that Energizer will post 3.58 EPS for the current year.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 3.68%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s payout ratio is presently 230.77%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. JPMorgan Chase & Co. reduced their target price on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Canaccord Genuity Group upped their target price on Energizer from $32.00 to $36.00 and gave the stock a “hold” rating in a research note on Wednesday, November 20th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research note on Thursday, January 30th. Morgan Stanley upped their target price on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Finally, UBS Group lowered their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Energizer presently has a consensus rating of “Hold” and a consensus target price of $38.38.

Insider Activity at Energizer

In other Energizer news, EVP Robin Vauth sold 1,978 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total transaction of $71,148.66. Following the completion of the transaction, the executive vice president now owns 5,758 shares in the company, valued at $207,115.26. This trade represents a 25.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Sara B. Hampton sold 2,812 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the transaction, the vice president now owns 4,635 shares of the company’s stock, valued at $178,401.15. This represents a 37.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,860 shares of company stock valued at $334,694. 0.98% of the stock is 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.