Energizer Holdings Inc. (NYSE: ENR) Director Robert V. Vitale bought 4,160 shares of the company's share in a transaction on Monday, November 19th. The stock was acquired at an average cost of $ 47.89 per share, totaling $ 199,222.40. Upon completion of the acquisition, the manager now owns 6,460 shares in the company, worth about $ 309,369.40. The purchase was revealed in a deposit with SEC, which is accessible via this hyperlink.
The Energizer stock traded at $ 1.78 during the luncheon session on Tuesday, reaching $ 46.51. 1,077,235 shares of the hands traded, compared to the average volume of 718,094. The company has a fast ratio of 1.13, a current ratio of 1.56 and a debt ratio to equity ratio of 39.84. The company has a market capitalization of $ 2.99 billion, a price-to-earnings ratio of 13.80, a PEG of 1.87 and a beta of 0.71. Energizer Holdings Inc. has fifty-two weeks low of $ 44.15 and a fifty-two-week high of $ 65.57.
Energizer (NYSE: ENR) last published its earnings results on Thursday, November 15th. The company announced earnings of 0.33 per share (EPS) for the quarter, gaining analysts' estimates of $ 0.81 per $ 0.02. The company had revenue of $ 457.20 million over the quarter, compared to analyst estimates of $ 459.64 million. Energizer had a net margin of 5.20% and a return on equity of 549.70%. Energizer's revenue declined by 1.7% yoy. In the same period last year, the company showed $ 0.54 EPS. Research analysts expect Energizer Holdings Inc. to release 3.47 earnings per share for the current year.
The company also announced a quarterly dividend, which will be paid on Thursday, December 13th. Shareholders registered on Friday 30 November will receive a dividend of $ 0.30 per share. This represents a $ 1.20 dividend on an annual basis and returns 2.58%. This is a positive change from the previous quarterly Energizer's $ 0.29 dividend. The dividend date of this dividend is Thursday 29 November. Energizer's payout ratio is currently 34.42%.
Many research companies have recently commented on ENR. TheStreet cut Energizer's shares from "b" to "c +" on Friday. The Jefferies Financial Group confirmed the "market" assessment and issued a $ 80.00 target for Energizer shares in a report published Monday, 22 October. Deutsche Bank raised its target for Energizer's shares from $ 64.00 to $ 68.00 and gave the company a "hold" rating at a report Thursday, August 16th. Morgan Stanley raised its price target to Energizer's shares from $ 63.00 to $ 67.00 and gave the company an "equal weight" at a report on Thursday, Aug. 2. Finally, ValuEngine raised Energizer's shares from a "hold" rating to a "buy" rating on a report Monday, October 22nd. An analyst researcher has evaluated the stock with a sale mark, six have awarded the rankings and four have assigned a purchase rating to the stock of the company. The stock now has an average "Hold" rating and an average target of $ 65.30.
Some institutional investors have recently bought and sold ENR shares. Point72 Hong Kong Ltd acquired a new position in Energizer during the third quarter, worth about $ 100,000. The Consultancy Services LLC strengthened its share of Energizer by 443.8% in the second quarter. The consultancy services LLC currently holds 1,974 shares of the company, worth $ 128,000, after the purchase of an additional 1,611 shares during the period. Itau Unibanco Holding S.A. gained a new position in Energizer in the second quarter, worth about $ 129,000. Fortis Advisors LLC gained a new position in Energizer in the second quarter, worth about $ 137,000. Finally, Harvest Fund Management Co. Ltd increased its stake in Energizer by 128.7% in the third quarter. Harvest Fund Management Co. Ltd currently owns 3,231 shares of the company, worth $ 189,000 after the purchase of an additional 1,818 shares during the period. 93.05% of the share capital belongs to high risk funds to other institutional investors.
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Energizer Company Profile
Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets and distributes household batteries, specialty batteries and lighting products worldwide. It offers lithium, alkaline, zinc, nickel, hydride, zinc and silver oxide batteries with the Energizer and Eveready brands, as well as primary, rechargeable, specialty and hearing products.
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