|Bid||26.81 x 1000|
|Ask||27.29 x 800|
|Day's Range||26.65 - 29.19|
|52 Week Range||26.60 - 53.84|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||179.21|
|Forward Dividend & Yield||1.20 (4.21%)|
|Ex-Dividend Date||Feb 19, 2020|
|1y Target Est||N/A|
Will the world be able to enjoy live sports with fans in attendance? The answer is "likely and slowly," Gabelli Asset Management CEO Mario Gabelli said Thursday on a Fox Business interview. In the meantime, Gabelli is buying shares of a few non-media companies.Trinity Industries Gabelli on Thursday bought 100,000 shares of Trinity Industries Inc (NYSE: TRN), a provider of rail transportation products and services across North America. The rationale behind the stock is based on expectations for an upcoming infrastructure and transportation bill as part of a fiscal stimulus package.Trinity's market capitalization is sitting south of $2 billion, which represents an attractive valuation that can grow over the coming years. The stock is also closely watched by activist investor ValueAct, which reported a stake of more than 10% in February.Energizer Holdings Similar to Trinity, Gabelli said Energizer Holdings Inc (NYSE: ENR) is worth less than $2 billion and the stock can run "a long way" over the coming years. The battery-maker is run by CEO Alan Hoskins who is doing a "great job"Dana Holding Auto part maker Dana Inc (NYSE: DAN) may seem like an odd stock purchase at a time when auto sales are ground to a near-halt. But Gabelli recalled a lesson he learned five decades ago: "How bad is bad, how long is it going to be bad, how good is good, and which stocks have already discounted bad and which ones have a vision for the future."In Dana's case, Gabelli said the company certainly has a vision for the future through a focus on the electric automotive market.Passing On Madison Square Garden Madison Square Garden Co (NYSE: MSG) deserves credit for spinning off into two entities, one to include venues and the other will consist of the sports teams. This move was "long overdue" but before investing in either, Gabelli said he needs to see the numbers for each as he has a "pretty good guess."Related Links:This Economist Projects 3 Quarters Of GPD Contraction In Coronavirus RecessionTesla Is Still A 'Maximum Short' For ChanosSee more from Benzinga * Booking Holdings CEO: People Are Scared To Travel, But It Will Pass * Tesla Is Still A 'Maximum Short' For Chanos * Jim Chanos Talks Latest Major Short Win And How To Find New Opportunities(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
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Energizer (ENR) delivered earnings and revenue surprises of -14.14% and 0.10%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Energizer (ENR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Energizer (ENR) divests its Europe-based Varta battery business to Germany-based VARTA AG to comply with its previously agreed terms with the European Commission.
IBD's proprietary RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Energizer Holdings Inc. has selected a third-party provider to take over its distribution services near Dayton. The company plans to bring 94 full-time jobs to a massive distribution facility in Monroe.
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One of the world's largest manufacturers of primary batteries and portable lighting products plans to lay off several employees at a Dayton-area plant in 2020.
As we already know from media reports and hedge fund investor letters, hedge funds delivered their best returns in a decade. Most investors who decided to stick with hedge funds after a rough 2018 recouped their losses by the end of the third quarter. We get to see hedge funds' thoughts towards the market and […]
Energizer Holdings, Inc. (NYSE: ENR) announced that today the European Commission ("EC") cleared Varta AG's proposed acquisition of the Europe-based Varta® consumer battery business. The parties received all outstanding approvals to close. The Company expects the net proceeds from Varta AG and Spectrum Brands Holdings, Inc. to be approximately $300 million USD.
German battery maker Varta secured EU antitrust approval on Tuesday to buy U.S rival Energizer's Varta branded consumer batteries business after pledging to supply its products to wholesalers globally. Energizer announced the deal in May to address the European Commission's concerns about its $1.25 billion bid for U.S. consumer products company Spectrum's global auto care business last year. "In order to address these concerns, Varta AG proposed to globally supply hearing aid batteries to any company currently or potentially active in the wholesale supply of hearing aid batteries under their own brand under certain conditions for a set period of time," the Commission said.
UM, the global marketing and media agency network of IPG Mediabrands, today announced it has been named media Agency of Record in the US for Armor All, the nation's 1 brand for automotive appearance products within Energizer Holdings' growing portfolio of brands. UM was awarded Energizer's North America media planning and buying duties in February 2019 following a review. In addition to Armor All, Energizer has also appointed media duties to UM for its battery and lights brand, Rayovac.
Energizer Holdings, Inc. (NYSE:ENR) stock is about to trade ex-dividend in 2 days time. If you purchase the stock on...