Canaccord Genuity Group Lowers Energizer (NYSE:ENR) Price Target to $20.00

Energizer (NYSE:ENR) had its price target lowered by analysts at Canaccord Genuity Group from $29.00 to $20.00 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 13.19% from the company’s previous close.

ENR has been the topic of several other research reports. Truist Financial lifted their target price on shares of Energizer from $30.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Wall Street Zen downgraded Energizer from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 13th. JPMorgan Chase & Co. cut their price objective on Energizer from $30.00 to $28.00 and set a “neutral” rating on the stock in a research report on Thursday, October 23rd. Morgan Stanley reduced their price objective on Energizer from $28.00 to $22.00 and set an “equal weight” rating for the company in a research note on Wednesday. Finally, Zacks Research cut Energizer from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 27th. One research analyst has rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $28.00.

Energizer Trading Down 2.7%

NYSE ENR opened at $17.67 on Wednesday. The company has a current ratio of 2.11, a quick ratio of 0.84 and a debt-to-equity ratio of 20.06. The business has a fifty day simple moving average of $24.70 and a 200 day simple moving average of $24.33. Energizer has a 12 month low of $17.13 and a 12 month high of $39.51. The firm has a market capitalization of $1.21 billion, a P/E ratio of 5.32 and a beta of 0.63.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, November 18th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.12 by ($0.07). Energizer had a return on equity of 161.50% and a net margin of 8.09%.The firm had revenue of $832.80 million during the quarter, compared to the consensus estimate of $830.45 million. During the same quarter in the previous year, the company earned $1.22 EPS. The business’s revenue was up 3.4% compared to the same quarter last year. Energizer has set its Q1 2026 guidance at -0.080-0.090 EPS. FY 2026 guidance at 3.300-3.600 EPS. On average, analysts predict that Energizer will post 3.58 EPS for the current fiscal year.

Institutional Investors Weigh In On Energizer

Large investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in Energizer during the second quarter worth about $406,000. US Bancorp DE boosted its holdings in Energizer by 108.7% in the 2nd quarter. US Bancorp DE now owns 37,527 shares of the company’s stock worth $757,000 after buying an additional 19,543 shares during the period. North Star Investment Management Corp. boosted its holdings in Energizer by 28.7% in the 2nd quarter. North Star Investment Management Corp. now owns 116,600 shares of the company’s stock worth $2,351,000 after buying an additional 26,000 shares during the period. Bryce Point Capital LLC grew its stake in Energizer by 48.1% in the 2nd quarter. Bryce Point Capital LLC now owns 36,492 shares of the company’s stock valued at $736,000 after buying an additional 11,858 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in shares of Energizer during the first quarter worth $276,000. Hedge funds and other institutional investors own 93.74% of the company’s stock.

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.