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Energizer (NYSE:ENR) Price Target Lowered to $19.00 at JPMorgan Chase & Co.

Energizer logo with Consumer Staples background
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Key Points

  • JPMorgan cut Energizer's price target from $21 to $19 and maintained a "neutral" rating, implying only about a 0.39% upside from the stock's current price.
  • Energizer beat adjusted EPS ($0.94 vs. $0.47) helped by a $47.6M tariff refund, but revenue missed at $643.3M (down ~3% y/y) and Q3 guidance of $0.75–$0.85 is below prior Street expectations.
  • Shares rose roughly 6% to $18.93; the company has a market cap of about $1.3B, an average analyst rating of Hold, and a consensus target price of $23.14.
  • Five stocks to consider instead of Energizer.

Energizer (NYSE:ENR - Get Free Report) had its price target cut by JPMorgan Chase & Co. from $21.00 to $19.00 in a report released on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 0.39% from the company's current price.

Several other research firms have also commented on ENR. Weiss Ratings reiterated a "hold (c-)" rating on shares of Energizer in a research note on Friday, March 27th. Zacks Research raised shares of Energizer from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 11th. Canaccord Genuity Group increased their target price on shares of Energizer from $19.00 to $20.00 and gave the company a "hold" rating in a research report on Thursday, April 16th. UBS Group reissued a "neutral" rating on shares of Energizer in a research report on Wednesday. Finally, Barclays increased their target price on shares of Energizer from $18.00 to $19.00 and gave the company an "equal weight" rating in a research report on Tuesday, April 14th. One research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. According to data from MarketBeat.com, Energizer currently has an average rating of "Hold" and a consensus target price of $23.14.

Get Our Latest Report on Energizer

Energizer Trading Up 6.0%

Shares of Energizer stock traded up $1.08 during trading on Wednesday, hitting $18.93. The company's stock had a trading volume of 2,033,893 shares, compared to its average volume of 1,268,774. The company has a debt-to-equity ratio of 23.49, a current ratio of 1.99 and a quick ratio of 1.07. Energizer has a 52 week low of $16.00 and a 52 week high of $30.29. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 6.37 and a beta of 0.81. The stock has a 50-day moving average price of $18.58 and a two-hundred day moving average price of $20.37.

Energizer (NYSE:ENR - Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.47. Energizer had a net margin of 7.11% and a return on equity of 143.24%. The company had revenue of $643.30 million for the quarter, compared to analysts' expectations of $661.92 million. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Energizer's revenue for the quarter was down 3.0% on a year-over-year basis. Energizer has set its Q3 2026 guidance at 0.750-0.850 EPS and its FY 2026 guidance at 3.300-3.600 EPS. Equities research analysts anticipate that Energizer will post 3.37 EPS for the current fiscal year.

Insider Buying and Selling

In other news, major shareholder Aqua Capital, Ltd. bought 14,372 shares of the stock in a transaction on Wednesday, April 8th. The shares were acquired at an average cost of $17.47 per share, for a total transaction of $251,078.84. Following the purchase, the insider directly owned 7,019,372 shares of the company's stock, valued at $122,628,428.84. This trade represents a 0.21% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders have purchased 20,215 shares of company stock valued at $361,302. 1.63% of the stock is currently owned by company insiders.

Institutional Trading of Energizer

Institutional investors and hedge funds have recently bought and sold shares of the company. Huntington National Bank lifted its stake in Energizer by 1,836.1% in the 3rd quarter. Huntington National Bank now owns 1,181 shares of the company's stock worth $29,000 after purchasing an additional 1,120 shares in the last quarter. Versant Capital Management Inc lifted its stake in Energizer by 92.4% in the 3rd quarter. Versant Capital Management Inc now owns 1,233 shares of the company's stock worth $31,000 after purchasing an additional 592 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its stake in Energizer by 148.1% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 2,077 shares of the company's stock worth $41,000 after purchasing an additional 1,240 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Energizer during the 3rd quarter valued at $47,000. Finally, Public Employees Retirement System of Ohio raised its position in shares of Energizer by 25.5% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,479 shares of the company's stock valued at $49,000 after buying an additional 503 shares in the last quarter. 93.74% of the stock is currently owned by hedge funds and other institutional investors.

Energizer News Roundup

Here are the key news stories impacting Energizer this week:

About Energizer

(Get Free Report)

Energizer Holdings, Inc is a global consumer products company best known for its portfolio of portable power and lighting solutions. The company's primary business activities include the design, manufacture and marketing of batteries under the Energizer and Rayovac brands, as well as portable lighting products such as flashlights, headlamps and lanterns. Energizer also produces a range of automotive appearance and protection products, including tire inflators and repair kits, along with personal care offerings like aerosol insect repellents and sunscreen under licensed brands.

Founded in 2000 through the spin-off of the battery business from Ralston Purina Company, Energizer has grown through both organic development and strategic acquisitions.

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Analyst Recommendations for Energizer (NYSE:ENR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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