Energizer Holdings Inc. (NYSE:ENR) saw an upside of 0.46% to close Friday at $34.63 after adding $0.16 on the day. The 5-day average trading volume is 452,480 shares of the company’s common stock. It has gained $35.38 in the past week and touched a new high 2 times within the past 5 days. An average of 614,835 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 489,742.
ENR’s 1-month performance is 3.03% or $1.17 on its low of $30.52 reached on 08/08/23. The company’s shares have touched a 52-week low of $24.81 and high of $37.89, with the stock’s rally to the 52-week high happening on 01/11/23. YTD, ENR has achieved 3.22% or $1.08 and has reached a new high 6 times. However, the current price is down -8.60% from the 52-week high price.
Insider Transactions
ENR stock investors last saw insider trading activity on Nov 28.Vauth Robin (EVP, International) most recently sold 860 shares at $32.61 per share on Nov 28. This transaction cost the insider $28,045.
Valuation Metrics
ENR stock has a beta of 1.00. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.84 while the price-to-book (PB) in the most recent quarter is 14.86, with the price to cash flow ratio at 6.92.
Energizer Holdings Inc.’s quick ratio for the period ended June 29 was 1.10, with the current ratio over the same period at 2.20. As well, the company’s long term debt to equity for the quarter ending June 29 was 20.23, while the total debt to equity was 20.34. In terms of profitability, the gross margin trailing 12 months is 38.30%. The trailing 12-month EBITDA margin is 17.88% while for the period ending June 29, Energizer Holdings Inc.’s operating margin was -11.00%. The firm’s gross profit as reported stood at $1.12 billion against revenue of $3.05 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -64.78% to $31.8 million, while revenue of $40.0 million was -25.79% off the previous quarter. Analysts expected ENR to announce $0.68 per share in earnings in its latest quarter, but it posted $0.54, representing a -20.60% surprise. EBITDA for the quarter stood at more than $118.6 million. ENR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 4.34 billion, with total debt at $3.5 billion. Shareholders hold equity totaling $71.48 million.
Let’s look briefly at Energizer Holdings Inc. (ENR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 48.72% to suggest the stock is trending Neutral, with historical volatility in this time period at 64.62%.
The stock’s 5-day moving average is $34.58, reflecting a -0.60% or -$0.21 change from its current price. ENR is currently trading +2.46% above its 20-day SMA, +4.24% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +3.74% and SMA200 by+19.87%.
Stochastic %K and %D was 60.20% and 59.71% and the average true range (ATR) pointed at 1.05. The RSI (14) points at 49.95%, while the 14-day stochastic is at 60.44% with the period’s ATR at 1.03. The stock’s 9-day MACD Oscillator is pointing at 0.20 and -0.47 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Energizer Holdings Inc. (NYSE: ENR), Canaccord Genuity launched coverage with a Hold rating. Analysts offering their rating for ENR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate ENR as a “sell,”, while 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 4 have offered a “buy” rating.
What is ENR’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $33.00 and a high of $42.00, with their median price target at $38.50. Looking at these predictions, the average price target given by analysts is for Energizer Holdings Inc. (ENR) stock is $37.50.
