Energizer Holdings, Inc. (NYSE:ENR) Stock Now Rated "Reduce" by Sell-Side Brokerages

Key Points

• Energizer Holdings received an average “Reduce” rating from seven covering brokerages: one sell rating and six holds. The average 12-month price target is $21.50, below the reported opening price of $23.13.
• The company’s latest quarterly results were mixed, with revenue of $734.1 million exceeding estimates but adjusted EPS of $0.75 missing the $0.83 consensus forecast. Analysts expect full-year EPS of approximately $3.31.
• Institutional ownership remains high at 93.74%, with major investors including BlackRock, Bank of New York Mellon and Bank of America acquiring shares during the second quarter.

Energizer Holdings, Inc. (NYSE:ENR - Get Free Report) has been assigned an average recommendation of "Reduce" from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $21.50.

ENR has been the subject of a number of analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of Energizer from $19.00 to $22.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. UBS Group set a $22.00 price target on shares of Energizer in a report on Thursday, October 15th. Morgan Stanley reiterated a "negative" rating and set a $21.00 price target on shares of Energizer in a research report on Tuesday, August 4th. Barclays lifted their price objective on shares of Energizer from $18.00 to $19.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 21st. Finally, Canaccord Genuity Group decreased their price objective on shares of Energizer from $18.00 to $17.00 and set a "hold" rating for the company in a research report on Friday, October 23rd.

Energizer Trading Down 0.1%

Shares of Energizer stock opened at $23.13 on Friday. Energizer has a 12-month low of $15.75 and a 12-month high of $25.21. The stock has a market cap of $1.58 billion, a P/E ratio of 19.60 and a beta of 0.79. The company has a quick ratio of 1.10, a current ratio of 2.07 and a debt-to-equity ratio of 16.22. The business's 50 day moving average is $21.69 and its 200-day moving average is $20.42.

Energizer (NYSE:ENR - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.75 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.08). The company had revenue of $734.10 million during the quarter, compared to analyst estimates of $720.29 million. Energizer had a net margin of 2.73% and a return on equity of 122.63%. The company's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.13 EPS. Energizer has set its Q4 2026 guidance at 1.250-1.350 EPS and its FY 2026 guidance at 3.600-3.600 EPS. Equities research analysts predict that Energizer will post 3.31 earnings per share for the current fiscal year.

Institutional Trading of Energizer

A number of institutional investors have recently bought and sold shares of ENR. BlackRock Inc. bought a new stake in shares of Energizer in the 2nd quarter valued at $201,796,000. Bank of New York Mellon Corp acquired a new position in shares of Energizer during the 2nd quarter valued at $22,040,000. Cibc World Market Inc. bought a new position in Energizer during the second quarter worth $12,710,000. Jupiter Topco LLC bought a new position in Energizer during the second quarter worth $10,116,000. Finally, Bank of America Corp DE bought a new position in Energizer during the second quarter worth $9,827,000. Institutional investors own 93.74% of the company's stock.

About Energizer

Energizer Holdings, Inc NYSE: ENR is a global consumer-products company focused on batteries, portable power and automotive appearance and performance products. Its battery portfolio includes the Energizer, Eveready and Rayovac brands, which offer alkaline, lithium, rechargeable and specialty batteries for household devices, electronics, toys, lighting equipment and other applications.

The company also operates an automotive care business, offering products under brands such as Armor All, STP, A/C Pro and Refresh Your Car.

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