Energizer Holdings, Inc. (ENR) Stock Rating Reaffirmed by UBS AG

Energizer Holdings, Inc. (NYSE:ENR)‘s stock had its “neutral” rating reissued by analysts at UBS AG in a report issued on Wednesday, August 9th, www.flashratings.com reports. They currently have a $47.00 price objective on the stock, down from their prior price objective of $49.00. UBS AG’s target price would indicate a potential upside of 13.72% from the company’s current price.

ENR has been the topic of several other research reports. Deutsche Bank AG reaffirmed a “hold” rating and issued a $55.00 price objective (down previously from $62.00) on shares of Energizer Holdings in a research report on Saturday, July 22nd. Royal Bank Of Canada cut their price objective on Energizer Holdings from $57.00 to $50.00 and set an “outperform” rating on the stock in a research report on Friday, May 5th. Zacks Investment Research raised Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price objective on the stock in a research report on Monday, July 10th. BidaskClub downgraded Energizer Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, June 29th. Finally, KeyCorp raised Energizer Holdings from a “sector weight” rating to an “overweight” rating and set a $55.00 price objective on the stock in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $53.86.

Energizer Holdings (NYSE ENR) opened at 41.33 on Wednesday. The firm’s 50-day moving average is $45.12 and its 200-day moving average is $52.11. The company has a market capitalization of $2.56 billion, a PE ratio of 13.72 and a beta of 0.57. Energizer Holdings has a 12 month low of $40.98 and a 12 month high of $60.07.

Energizer Holdings (NYSE:ENR) last released its earnings results on Wednesday, August 2nd. The company reported $0.43 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.37 by $0.06. The firm had revenue of $372 million for the quarter, compared to the consensus estimate of $390.88 million. Energizer Holdings had a return on equity of 529.84% and a net margin of 10.97%. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS. Equities analysts anticipate that Energizer Holdings will post $2.90 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This report was first reported by BNB Daily and is the sole property of of BNB Daily. If you are accessing this report on another site, it was stolen and reposted in violation of international copyright & trademark law. The original version of this report can be read at https://www.baseball-news-blog.com/2017/08/19/energizer-holdings-enr-neutral-rating-reaffirmed-at-ubs-ag-updated.html.

In related news, Director Robert V. Vitale acquired 7,300 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was purchased at an average cost of $41.61 per share, for a total transaction of $303,753.00. Following the purchase, the director now directly owns 2,300 shares of the company’s stock, valued at approximately $95,703. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.73% of the company’s stock.

Several large investors have recently modified their holdings of ENR. Creative Planning boosted its stake in shares of Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,999 shares of the company’s stock worth $111,000 after buying an additional 7 shares during the period. LS Investment Advisors LLC raised its position in shares of Energizer Holdings by 0.5% in the first quarter. LS Investment Advisors LLC now owns 4,272 shares of the company’s stock valued at $238,000 after buying an additional 21 shares in the last quarter. Alps Advisors Inc. raised its position in shares of Energizer Holdings by 0.3% in the second quarter. Alps Advisors Inc. now owns 8,657 shares of the company’s stock valued at $416,000 after buying an additional 22 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its position in shares of Energizer Holdings by 0.3% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 10,673 shares of the company’s stock valued at $595,000 after buying an additional 33 shares in the last quarter. Finally, Advisor Group Inc. raised its position in shares of Energizer Holdings by 1.3% in the second quarter. Advisor Group Inc. now owns 3,804 shares of the company’s stock valued at $183,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 92.51% of the company’s stock.

About Energizer Holdings

Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.

Analyst Recommendations for Energizer Holdings (NYSE:ENR)

Receive News & Ratings for Energizer Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energizer Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply