Energizer (NYSE:ENR) Issues FY25 Earnings Guidance

Energizer (NYSE:ENR) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $3.45 to $3.65 for the period, compared to the consensus estimate of $3.53. The company issued revenue guidance of +1 to +2% yr/yr or $2.916 billion to $2.945 billion, compared to the consensus revenue estimate of $2.92 billion. Energizer also updated its FY 2025 guidance to 3.450-3.650 EPS.

Energizer Stock Down 2.5 %

Shares of ENR traded down $0.85 during midday trading on Tuesday, reaching $33.09. 765,726 shares of the company were exchanged, compared to its average volume of 531,949. Energizer has a 1-year low of $26.92 and a 1-year high of $39.51. The stock has a 50-day moving average price of $35.83 and a 200-day moving average price of $33.05. The company has a current ratio of 1.80, a quick ratio of 1.00 and a debt-to-equity ratio of 23.51. The company has a market cap of $2.39 billion, a price-to-earnings ratio of 63.62 and a beta of 1.06.

Energizer (NYSE:ENR) last posted its earnings results on Tuesday, February 4th. The company reported $0.67 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.03. The business had revenue of $731.70 million for the quarter, compared to analysts’ expectations of $726.23 million. Energizer had a net margin of 1.32% and a return on equity of 155.40%. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share. Research analysts expect that Energizer will post 3.58 earnings per share for the current year.

Energizer Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 20th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.63%. The ex-dividend date of this dividend is Thursday, February 20th. Energizer’s payout ratio is currently 230.77%.

Analyst Ratings Changes

A number of research analysts have commented on the stock. UBS Group reduced their price objective on shares of Energizer from $39.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Truist Financial lifted their price target on Energizer from $40.00 to $45.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. StockNews.com upgraded Energizer from a “hold” rating to a “buy” rating in a research note on Monday. Royal Bank of Canada reiterated a “sector perform” rating and issued a $38.00 target price on shares of Energizer in a research report on Thursday, January 30th. Finally, Canaccord Genuity Group upped their price target on Energizer from $32.00 to $36.00 and gave the company a “hold” rating in a research report on Wednesday, November 20th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Energizer presently has an average rating of “Hold” and an average price target of $38.38.

Insider Transactions at Energizer

In other news, VP Sara B. Hampton sold 2,812 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $38.49, for a total value of $108,233.88. Following the completion of the sale, the vice president now directly owns 4,635 shares of the company’s stock, valued at $178,401.15. This represents a 37.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Robin Vauth sold 4,070 shares of Energizer stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $38.16, for a total transaction of $155,311.20. Following the sale, the executive vice president now directly owns 9,827 shares of the company’s stock, valued at $374,998.32. This trade represents a 29.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,860 shares of company stock valued at $334,694. 0.98% of the stock is currently owned by corporate insiders.

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.