Energizer (NYSE:ENR) Releases FY25 Earnings Guidance

Energizer (NYSE:ENR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided EPS guidance of $3.45 to $3.65 for the period, compared to the consensus EPS estimate of $3.53. The company issued revenue guidance of +1 to +2% yr/yr or $2.916 billion to $2.945 billion, compared to the consensus revenue estimate of $2.92 billion. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ENR. Morgan Stanley increased their price target on shares of Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 20th. Canaccord Genuity Group lifted their target price on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. UBS Group reduced their price target on Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Truist Financial lifted their price objective on Energizer from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.38.

Energizer Price Performance

NYSE ENR traded down $1.08 on Tuesday, reaching $32.85. The company had a trading volume of 1,210,234 shares, compared to its average volume of 540,987. The firm’s 50 day moving average price is $35.83 and its 200 day moving average price is $33.05. Energizer has a 12 month low of $26.92 and a 12 month high of $39.51. The stock has a market capitalization of $2.37 billion, a PE ratio of 63.17 and a beta of 1.06. The company has a quick ratio of 1.00, a current ratio of 1.80 and a debt-to-equity ratio of 23.51.

Energizer (NYSE:ENR) last released its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.03. The business had revenue of $731.70 million during the quarter, compared to analysts’ expectations of $726.23 million. Energizer had a return on equity of 155.40% and a net margin of 1.32%. The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.59 EPS. As a group, equities analysts predict that Energizer will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 20th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.65%. Energizer’s payout ratio is currently 230.77%.

Insider Activity

In related news, EVP Robin Vauth sold 1,978 shares of the firm’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $35.97, for a total value of $71,148.66. Following the completion of the sale, the executive vice president now directly owns 5,758 shares in the company, valued at $207,115.26. This trade represents a 25.57 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Sara B. Hampton sold 2,812 shares of the business’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total transaction of $108,233.88. Following the transaction, the vice president now owns 4,635 shares in the company, valued at $178,401.15. This trade represents a 37.76 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,860 shares of company stock worth $334,694. 0.98% of the stock is currently owned by corporate insiders.

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.