Energizer (NYSE:ENR) Releases Q2 Earnings Guidance

Energizer (NYSE:ENR) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.60 to $0.70 for the period, compared to the consensus earnings per share estimate of $0.76. The company issued revenue guidance of flat to +1% yr/yr or $663 million to $669.6, compared to the consensus revenue estimate of $669.66 million. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Wall Street Analyst Weigh In

ENR has been the subject of several research analyst reports. StockNews.com raised shares of Energizer from a “hold” rating to a “buy” rating in a research report on Monday. UBS Group decreased their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. JPMorgan Chase & Co. decreased their price objective on Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Royal Bank of Canada restated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a report on Thursday, January 30th. Finally, Morgan Stanley raised their target price on Energizer from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 20th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $38.38.

Energizer Stock Performance

Shares of NYSE ENR traded down $0.85 during mid-day trading on Tuesday, hitting $33.09. 765,726 shares of the company were exchanged, compared to its average volume of 531,949. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 63.62 and a beta of 1.06. The stock has a 50 day simple moving average of $35.83 and a 200-day simple moving average of $33.05. 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 has a 1-year low of $26.92 and a 1-year high of $39.51.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Tuesday, February 4th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.03. Energizer had a net margin of 1.32% and a return on equity of 155.40%. The company had revenue of $731.70 million during the quarter, compared to the consensus estimate of $726.23 million. During the same period last year, the firm earned $0.59 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, sell-side analysts forecast that Energizer will post 3.58 EPS for the current fiscal year.

Energizer Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Thursday, February 20th will be given a $0.30 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $1.20 annualized dividend and a dividend yield of 3.63%. Energizer’s dividend payout ratio is presently 230.77%.

Insider Buying and Selling

In other Energizer news, VP Sara B. Hampton sold 2,812 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $38.49, for a total transaction of $108,233.88. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Robin Vauth sold 1,978 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $35.97, for a total transaction 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 represents a 25.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 8,860 shares of company stock valued at $334,694. 0.98% of the stock is currently owned by company 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.