Energizer (ENR) to Release Earnings on Tuesday

Energizer (NYSE:ENR) is set to release its earnings data before the market opens on Tuesday, November 19th. Analysts expect Energizer to post earnings of $1.17 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Energizer Price Performance

Shares of Energizer stock opened at $33.92 on Monday. The firm has a fifty day moving average price of $31.55 and a two-hundred day moving average price of $30.43. The company has a debt-to-equity ratio of 26.04, a current ratio of 1.99 and a quick ratio of 1.01. Energizer has a fifty-two week low of $26.92 and a fifty-two week high of $34.29. The company has a market cap of $2.44 billion, a PE ratio of 242.29 and a beta of 1.04.

Energizer Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.30 per share. The ex-dividend date is Wednesday, November 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.54%. Energizer’s dividend payout ratio (DPR) is presently 857.14%.

Analyst Ratings Changes

ENR has been the subject of several analyst reports. Truist Financial raised shares of Energizer from a “hold” rating to a “buy” rating and lifted their price target for the company from $30.00 to $40.00 in a report on Tuesday, August 27th. Evercore ISI decreased their target price on Energizer from $42.00 to $40.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $38.00 price target on shares of Energizer in a report on Wednesday, August 7th. Barclays raised their price objective on shares of Energizer from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Friday, October 11th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Energizer from $29.00 to $32.00 and gave the stock an “underweight” rating in a report on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $35.00.

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.