Energizer (ENR) Set to Announce Quarterly Earnings on Tuesday

Energizer (NYSE:ENR) is set to post its quarterly earnings results before the market opens on Tuesday, May 7th. Analysts expect Energizer to post earnings of $0.67 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Energizer (NYSE:ENR) last released its earnings results on Tuesday, February 6th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The business had revenue of $716.60 million during the quarter, compared to the consensus estimate of $710.73 million. Energizer had a return on equity of 123.29% and a net margin of 3.21%. The business’s revenue for the quarter was down 6.3% on a year-over-year basis. During the same period last year, the business posted $0.72 earnings per share. On average, analysts expect Energizer to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Energizer Stock Performance

Shares of ENR opened at $29.19 on Monday. The company has a debt-to-equity ratio of 19.36, a current ratio of 2.03 and a quick ratio of 1.15. The firm has a market cap of $2.10 billion, a PE ratio of 22.63 and a beta of 1.04. Energizer has a 1 year low of $26.92 and a 1 year high of $37.32. The stock’s fifty day moving average price is $28.39 and its two-hundred day moving average price is $30.55.

Energizer Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Investors of record on Wednesday, May 22nd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.11%. The ex-dividend date is Tuesday, May 21st. Energizer’s dividend payout ratio is currently 93.02%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. StockNews.com lowered shares of Energizer from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th. Barclays cut their price objective on shares of Energizer from $36.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, April 12th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat, Energizer currently has a consensus rating of “Hold” and an average target price of $35.00.

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, 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.