Energizer (ENR) Scheduled to Post Earnings on Tuesday

Energizer (NYSE:ENR) will be posting its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect Energizer to post earnings of $0.67 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Energizer (NYSE:ENR) last released its quarterly earnings data on Tuesday, February 6th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. Energizer had a net margin of 3.21% and a return on equity of 123.29%. The firm had revenue of $716.60 million for the quarter, compared to analyst estimates of $710.73 million. During the same quarter in the prior year, the business earned $0.72 earnings per share. Energizer’s quarterly revenue was down 6.3% on a year-over-year basis. On average, analysts expect Energizer to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Energizer Stock Performance

Shares of ENR stock opened at $28.58 on Tuesday. The company has a market cap of $2.05 billion, a P/E ratio of 22.16 and a beta of 1.06. The business has a 50 day moving average of $28.45 and a two-hundred day moving average of $30.63. Energizer has a 52 week low of $26.92 and a 52 week high of $37.32. The company has a quick ratio of 1.15, a current ratio of 2.03 and a debt-to-equity ratio of 19.36.

Energizer Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Wednesday, May 22nd will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.20%. Energizer’s dividend payout ratio is currently 93.02%.

Analysts Set New Price Targets

A number of research firms have issued reports on ENR. Barclays cut their target price on Energizer from $36.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, April 12th. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Wednesday, February 7th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $35.00.

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.