Shares of Energizer Holdings, Inc. (NYSE:ENR) have been given an average rating of “Hold” by the ten brokerages that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $54.00.

A number of equities analysts have issued reports on ENR shares. Deutsche Bank AG reiterated a “hold” rating and issued a $55.00 price objective (down previously from $62.00) on shares of Energizer Holdings in a report on Saturday, July 22nd. Royal Bank Of Canada decreased their price objective on Energizer Holdings from $57.00 to $50.00 and set an “outperform” rating for the company in a report on Friday, May 5th. Zacks Investment Research upgraded Energizer Holdings from a “hold” rating to a “buy” rating and set a $53.00 price objective for the company in a report on Monday, July 10th. BidaskClub downgraded Energizer Holdings from a “hold” rating to a “sell” rating in a report on Thursday, June 29th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $54.00 price objective on shares of Energizer Holdings in a report on Wednesday, August 23rd.

Energizer Holdings (ENR) traded up 1.27% during mid-day trading on Tuesday, reaching $44.71. 338,340 shares of the company traded hands. Energizer Holdings has a 12-month low of $40.98 and a 12-month high of $60.07. The company’s 50-day moving average is $44.14 and its 200-day moving average is $51.52. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 14.84 and a beta of 0.57.

Energizer Holdings (NYSE:ENR) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.06. The business had revenue of $372 million during 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 firm’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. Equities analysts predict that Energizer Holdings will post $2.90 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 12th. Stockholders of record on Monday, August 21st will be issued a dividend of $0.275 per share. The ex-dividend date is Thursday, August 17th. This represents a $1.10 annualized dividend and a dividend yield of 2.49%. Energizer Holdings’s payout ratio is presently 36.54%.

In related news, Director Robert V. Vitale purchased 7,300 shares of Energizer Holdings stock in a transaction dated 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 completion of the acquisition, the director now directly owns 2,300 shares of the company’s stock, valued at $95,703. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Timothy W. Gorman purchased 5,500 shares of Energizer Holdings stock in a transaction dated Friday, August 18th. The shares were bought at an average price of $41.43 per share, with a total value of $227,865.00. Following the completion of the acquisition, the chief financial officer now directly owns 14,674 shares of the company’s stock, valued at $607,943.82. The disclosure for this purchase can be found here. Insiders have bought 31,212 shares of company stock valued at $1,297,839 over the last 90 days. Corporate insiders own 1.73% of the company’s stock.

Several institutional investors have recently modified their holdings of the stock. Creative Planning increased its position in shares of Energizer Holdings by 0.4% in the first quarter. Creative Planning now owns 1,999 shares of the company’s stock valued at $111,000 after buying an additional 7 shares during the last quarter. Acrospire Investment Management LLC bought a new position in shares of Energizer Holdings during the first quarter valued at $114,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Energizer Holdings by 7.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,412 shares of the company’s stock valued at $116,000 after buying an additional 169 shares during the last quarter. IFP Advisors Inc increased its position in shares of Energizer Holdings by 7.1% in the second quarter. IFP Advisors Inc now owns 2,607 shares of the company’s stock valued at $125,000 after buying an additional 172 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Energizer Holdings by 149.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 3,460 shares of the company’s stock valued at $166,000 after buying an additional 2,071 shares during the last quarter. Hedge funds and other institutional investors own 94.12% of the company’s stock.

WARNING: “Analysts Set Energizer Holdings, Inc. (ENR) PT at $54.00” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.thecerbatgem.com/2017/09/01/analysts-set-energizer-holdings-inc-enr-pt-at-54-00.html.

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 & Stock 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 stocks with our FREE daily email newsletter.