The stock of Energizer Holdings Inc. (NYSE:ENR) increased by $0.74 on Friday to finish at $34.84, up 2.17 percent. The last five days have seen an average of 892,620 shares of common stock traded. 6 times new highs were reached in the current year, with a gain of $1.29. The average number of shares traded over the last 20 days was 606,295, while the average volume over the last 50 days totaled 490,948.
ENR stock appreciated 2.11% since last month. On 08/08/23, the company’s shares reached a one-month low of $30.52. The stock touched a high of $37.89 on 01/11/23, after rallying from a low of $24.81 in 52 weeks. The price of ENR stock has risen by 3.85% or $1.29 this year, reaching a new high 6 times. Still, the stock price is down -8.05% from the 52-week high.
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Insider Transactions
ENR stock investors should be aware that Energizer Holdings Inc. (ENR) stock had its last reported insider trading activity 259 days ago on Nov 28. On Nov 28, EVP, International Vauth Robin sold 860 shares at $32.61 each. This transaction resulted in the insider making $28,045. On Aug 26, LaVigne Mark Stephen added 3,000 shares at a price of US$30.49. After the transaction, the insider now owns 150,323 shares.
Valuation Metrics
Beta for the stock is 1.01. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.83, the price-to-book (PB) ratio of 14.95, and the price-to-cash flow ratio of 6.85.
Company paid $0.30 per share in dividends, remained unchanged from $0.30 last year. A $0.01 dividend increase was reported on Monday November 12 2018.
Financial Health
For the three months ended June 29, Energizer Holdings Inc.’s quick ratio was 1.10, while its current ratio was 2.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 20.23, and the total debt to equity ratio is 20.34. As far as profitability goes, gross margin for the trailing twelve months is 38.30% percent. Energizer Holdings Inc.’s operating margin stood at -11.00% for the same period. Based on annual data, it had gross profit of $1.12 billion and revenue of $3.05 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. ENR’s return on assets (ROA) during the last 12 months has been -5.40%. There was a -6.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -167.90%.
Earnings Surprise
According to Energizer Holdings Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $699.1 million, while revenues fell by -4.13% to $684.1 million. It was predicted that Energizer Holdings Inc.’s quarterly earnings would be $0.54, but it ended up being $0.68, beating the consensus by -20.60%. EBITDA was $118.6 million for the quarter. At the end of Energizer Holdings Inc.’s most recent quarter ended June 29, its liabilities totaled 4.34 billion, while its total debt was $3.5 billion. Equity owned by shareholders amounts to $71.48 million.
Technical Picture
Here’s a quick look at Energizer Holdings Inc.’s (ENR) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 49.63%, suggesting the stock is Neutral, with a 66.93% historical volatility rate.
The stochastic %K and %D were 60.98% and 56.42% respectively, while the average true range (ATR) was 1.39. Based on the 14-day stochastic reading of 63.53%, the RSI (14) reading is 50.92%. On the 9-day MACD Oscillator, the stock is at -0.70, and the 14-day reading is at -0.72.
Analyst Ratings
In its analyst report released on November 17, 2022, Canaccord Genuity began covering Energizer Holdings Inc. (NYSE: ENR). The stock was rated as a Hold by the brokerage firm. Analysts have assigned Energizer Holdings Inc. (ENR) an Overweight rating. ENR is a stock that is recommended for selling by 0 brokerage firms, while 5 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 4 others recommend it as a buy.
What is ENR’s price target for the next 12 months?
The current consensus forecast for the stock is between $33.00 and $42.00, with a median target price of $38.50. In analyzing these forecasts, the average price target given by analysts for Energizer Holdings Inc. (ENR) is $37.50.
