Energizer (NYSE:ENR) Announces Earnings Results

Energizer (NYSE:ENR - Get Free Report) released its quarterly earnings results on Tuesday. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.01), Zacks reports. Energizer had a return on equity of 168.16% and a net margin of 2.02%. The business had revenue of $662.90 million during the quarter, compared to the consensus estimate of $670.85 million. During the same period in the previous year, the company posted $0.72 EPS. The company's revenue for the quarter was down .1% compared to the same quarter last year. Energizer updated its FY 2025 guidance to 3.300-3.500 EPS and its Q3 2025 guidance to 0.550-0.650 EPS.

Energizer Stock Performance

Shares of Energizer stock traded down $0.06 during midday trading on Friday, hitting $22.07. The company had a trading volume of 235,140 shares, compared to its average volume of 630,605. The business's 50 day simple moving average is $27.99 and its two-hundred day simple moving average is $32.19. Energizer has a 1-year low of $21.58 and a 1-year high of $39.52. The company has a debt-to-equity ratio of 22.17, a current ratio of 1.80 and a quick ratio of 0.94. The stock has a market cap of $1.59 billion, a PE ratio of 27.94 and a beta of 0.77.

Energizer Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 11th. Stockholders of record on Wednesday, May 21st will be given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.44%. The ex-dividend date of this dividend is Wednesday, May 21st. Energizer's dividend payout ratio is currently 164.38%.

Analyst Upgrades and Downgrades

ENR has been the topic of several recent analyst reports. JPMorgan Chase & Co. dropped their target price on Energizer from $36.00 to $30.00 and set a "neutral" rating on the stock in a report on Friday, April 11th. Canaccord Genuity Group reduced their price objective on shares of Energizer from $31.00 to $27.00 and set a "hold" rating for the company in a research note on Wednesday. Barclays reduced their target price on Energizer from $27.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday. UBS Group lowered their target price on Energizer from $28.00 to $26.00 and set a "neutral" rating on the stock in a research note on Wednesday. Finally, Royal Bank of Canada restated a "sector perform" rating and set a $38.00 price target on shares of Energizer in a report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Energizer has a consensus rating of "Hold" and a consensus target price of $31.50.

About Energizer

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.