Energizer (NYSE:ENR) Downgraded by Zacks Research to Strong Sell

Energizer (NYSE:ENR) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Several other equities research analysts have also issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Energizer in a report on Tuesday, October 14th. UBS Group reduced their target price on shares of Energizer from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Wednesday, October 8th. Wall Street Zen lowered shares of Energizer from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Barclays raised their price target on shares of Energizer from $24.00 to $27.00 and gave the company an “equal weight” rating in a report on Wednesday, August 6th. Finally, Canaccord Genuity Group reduced their price objective on shares of Energizer from $29.00 to $20.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $28.00.

Energizer Stock Performance

Shares of ENR opened at $18.12 on Tuesday. The company has a 50-day moving average of $23.78 and a two-hundred day moving average of $24.20. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 5.46 and a beta of 0.63. The company has a debt-to-equity ratio of 20.06, a current ratio of 2.11 and a quick ratio of 1.13. Energizer has a one year low of $17.13 and a one year high of $39.51.

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. WBI Investments LLC acquired a new stake in shares of Energizer in the 3rd quarter valued at $1,572,000. Dark Forest Capital Management LP acquired a new position in Energizer in the third quarter valued at about $1,425,000. Optimist Retirement Group LLC bought a new stake in Energizer during the third quarter worth about $218,000. XTX Topco Ltd grew its stake in Energizer by 53.5% during the third quarter. XTX Topco Ltd now owns 22,935 shares of the company’s stock worth $571,000 after buying an additional 7,990 shares during the last quarter. Finally, Verition Fund Management LLC increased its holdings in shares of Energizer by 6.2% during the third quarter. Verition Fund Management LLC now owns 102,569 shares of the company’s stock worth $2,553,000 after buying an additional 5,950 shares in the last quarter. 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.