Brokerages predict that Energizer Holdings Inc (NYSE:ENR) will report $371.16 million in sales for the current quarter, according to Zacks. Four analysts have made estimates for Energizer’s earnings, with the highest sales estimate coming in at $380.80 million and the lowest estimate coming in at $364.60 million. Energizer posted sales of $359.00 million during the same quarter last year, which suggests a positive year over year growth rate of 3.4%. The firm is expected to issue its next quarterly earnings report on Wednesday, May 2nd.
According to Zacks, analysts expect that Energizer will report full year sales of $371.16 million for the current fiscal year, with estimates ranging from $1.78 billion to $1.81 billion. For the next year, analysts anticipate that the company will report sales of $1.83 billion per share, with estimates ranging from $1.83 billion to $1.84 billion. Zacks’ sales averages are a mean average based on a survey of analysts that that provide coverage for Energizer.
Energizer (NYSE:ENR) last issued its earnings results on Wednesday, January 31st. The company reported $1.55 EPS for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.12. The company had revenue of $573.30 million during the quarter, compared to the consensus estimate of $566.50 million. Energizer had a return on equity of 274.69% and a net margin of 9.40%. Energizer’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.51 earnings per share.
Energizer (ENR) traded up $0.79 on Thursday, hitting $54.49. The stock had a trading volume of 362,902 shares, compared to its average volume of 805,052. The company has a market capitalization of $3,250.00 and a PE ratio of 20.26. The company has a debt-to-equity ratio of 29.02, a quick ratio of 1.39 and a current ratio of 1.90. Energizer has a 52 week low of $40.64 and a 52 week high of $62.86.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 13th. Investors of record on Tuesday, February 20th will be issued a dividend of $0.29 per share. The ex-dividend date is Friday, February 16th. This represents a $1.16 annualized dividend and a yield of 2.13%. Energizer’s payout ratio is 43.12%.
In other Energizer news, VP Emily K. Boss sold 7,500 shares of the company’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $56.00, for a total value of $420,000.00. Following the transaction, the vice president now owns 9,708 shares of the company’s stock, valued at $543,648. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.79% of the stock is owned by insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. Ford Financial Group Inc. acquired a new position in shares of Energizer during the fourth quarter valued at about $114,000. Captrust Financial Advisors bought a new stake in Energizer during the fourth quarter worth about $118,000. Zions Bancorporation bought a new stake in Energizer during the third quarter worth about $120,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Energizer by 51.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,643 shares of the company’s stock worth $175,000 after buying an additional 1,231 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in Energizer during the fourth quarter worth about $215,000. 97.24% of the stock is owned by institutional investors and hedge funds.
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Energizer Company Profile
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.
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