Energizer (ENR) Receives Buy Rating from KeyCorp

KeyCorp reissued their buy rating on shares of Energizer (NYSE:ENR) in a report released on Wednesday. KeyCorp currently has a $64.00 price target on the stock, up from their previous price target of $55.00.

ENR has been the subject of a number of other research reports. Off Wall Street started coverage on shares of Energizer in a report on Monday, October 30th. They set a sell rating for the company. Morgan Stanley decreased their price objective on shares of Energizer from $53.00 to $50.00 and set an equal weight rating for the company in a report on Thursday, November 9th. Deutsche Bank upgraded shares of Energizer from a hold rating to a buy rating and decreased their price objective for the company from $50.00 to $49.00 in a report on Thursday, January 4th. Zacks Investment Research lowered shares of Energizer from a buy rating to a hold rating in a report on Monday, November 13th. Finally, Citigroup decreased their price objective on shares of Energizer from $54.00 to $52.00 and set a buy rating for the company in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. Energizer currently has an average rating of Hold and a consensus target price of $56.56.

Shares of Energizer (NYSE ENR) traded down $2.24 on Wednesday, reaching $54.82. 1,366,570 shares of the company were exchanged, compared to its average volume of 1,519,767. Energizer has a one year low of $40.64 and a one year high of $62.86. The company has a market cap of $3,310.00 and a price-to-earnings ratio of 17.08. The company has a quick ratio of 1.21, a current ratio of 1.75 and a debt-to-equity ratio of 11.50.

Energizer (NYSE:ENR) last announced its quarterly earnings data on Wednesday, November 8th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. Energizer had a net margin of 11.48% and a return on equity of 291.65%. The company had revenue of $465.00 million during the quarter, compared to analyst estimates of $437.36 million. During the same quarter last year, the business posted $0.54 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. equities analysts predict that Energizer will post 3.11 EPS for the current year.

Several large investors have recently bought and sold shares of ENR. BlackRock Inc. raised its holdings in shares of Energizer by 29.7% in the 2nd quarter. BlackRock Inc. now owns 6,819,769 shares of the company’s stock valued at $327,486,000 after purchasing an additional 1,561,447 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Energizer by 77.6% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,975,498 shares of the company’s stock valued at $90,972,000 after purchasing an additional 863,371 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Energizer by 425.5% in the 3rd quarter. American Century Companies Inc. now owns 641,214 shares of the company’s stock valued at $29,528,000 after purchasing an additional 519,184 shares in the last quarter. Deprince Race & Zollo Inc. bought a new stake in shares of Energizer in the 3rd quarter valued at about $23,581,000. Finally, Neuberger Berman Group LLC raised its holdings in shares of Energizer by 11.3% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,993,563 shares of the company’s stock valued at $137,854,000 after purchasing an additional 304,730 shares in the last quarter.

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Energizer Company Profile

Energizer Holdings, Inc is a manufacturer, marketer and distributor of household batteries, specialty batteries and lighting products. The Company is a designer and marketer of automotive fragrance and appearance products. It operates through four geographic segments: North America, which consists of the United States and Canada; Latin America, which includes its markets in Mexico, the Caribbean, Central America and South America; Europe, the Middle East and Africa (EMEA), and Asia Pacific, which consists of its markets in Asia, Australia and New Zealand.

Analyst Recommendations for Energizer (NYSE:ENR)

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