49.09 0.00 (0.00%)
After hours: 5:10PM EST
|Bid||46.77 x 900|
|Ask||51.24 x 800|
|Day's Range||47.55 - 49.88|
|52 Week Range||32.54 - 50.90|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||84.93|
|Earnings Date||Feb 3, 2020 - Feb 7, 2020|
|Forward Dividend & Yield||1.20 (2.51%)|
|1y Target Est||55.45|
ST. LOUIS, Nov. 21, 2019 /PRNewswire/ -- Energizer Holdings, Inc. (ENR) today will host its 2019 Investor Day beginning at 1 p.m. ET to present the Company's strategies to continue to create shareholder value as a global diversified household products leader in Batteries, Lights and Auto Care and deliver its financial targets in fiscal year 2022.
Energizer Holdings' (ENR) organic sales increase 9.2% during the fourth quarter of fiscal 2019. This marks the fourth consecutive year of organic growth.
Energizer (ENR) delivered earnings and revenue surprises of 14.81% and 0.84%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Energizer Holdings Inc. stock rose 3.6% in premarket trade Wednesday, after the battery maker blew past estimates for its fiscal fourth quarter. The company said it had net income of $46.2 million, or 61 cents a share, in the quarter to Sept. 30, up from $1.5 million, or 2 cents a share, in the year-earlier period. Adjusted per-share earnings came to 93 cents, ahead of the 81 cents FactSet consensus. Sales rose to $719.0 million from $457.2 million, also ahead of the $713.0 million FactSet consensus. Sales were boosted by acquisitions in the battery and auto care businesses. The company is now expecting fiscal 2020 sales to grow 9% to 10% and adjusted EPS to range from $3.00 to $3.20, compared with a FactSet consensus of $3.22. Shares have fallen 7% in 2019, while the S&P 500 has gained 23%.
- Fiscal fourth quarter reported net sales increased 57.3% due to the inclusion of the acquisitions and organic revenue growth of 9.2%.(1) - Diluted net earnings from continuing operations per common share ...
Let the earnings season’s final countdown begin. Close to 90% of S&P 500 listed companies have already announced their third quarter financials, with the season winding down on a generally positive note. So what does this mean for the remaining few names getting ready to post results?We wanted to find out. With this in mind, we used TipRanks.com to get the full scoop on 3 Buy-rated stocks reporting quarterly results today. The platform gave us access to extensive market data that includes factors like analyst consensus and price targets, stock analysis and corporate insider activity, just to name a few. Here’s the lowdown. Energizer Holdings, Inc. (ENR)The company behind the famous Energizer Bunny is one of the largest battery manufacturers in the world. While shares have dipped year-to-date, Wall Street’s gaze has turned to ENR, with many anxiously waiting to see if a turnaround is on the horizon.Ahead of its fiscal fourth quarter release, Deutsche Bank analyst Faiza Alwy tells investors what to pay close attention to. If ENR can post 6%-plus organic growth, which would fall in-line or exceed the consensus estimate, and beat on EBIT/EPS, the analyst would take it as a positive signal. Alwy will also be looking to see if the battery maker can “assertively guide batteries organic growth for the first-half”.Even though the Energizer brand faces intense competition from Duracell and private labels, Alwy argues that unscanned channels, its presence within international markets as well as its recent acquisition of Spectrum Brands’ auto care business could fuel substantial gains. “We see further upside to the extent the company can show some upside to auto care sales this quarter,” the four-star analyst explained. To this end, Alwy kept the Buy rating and $55 price target, implying 31% upside potential. (To watch Alwy’s track record, click here) Like Alwy, the rest of the Street is on the same page. As ENR boasts 100% Street support, the consensus is unanimous: the stock is a ‘Strong Buy’. Additionally, its $56 average price target brings the upside potential to 33%. (See Energizer stock analysis on TipRanks) Cisco Systems Inc. (CSCO)At first glance, Cisco’s below-consensus guidance is troubling. However, Oppenheimer’s Ittai Kidron tells investors that when you take a step back and focus on the bigger picture, it isn’t as gloomy as you might think. CSCO has felt the effects of trade tensions and macro concerns that have hampered the market. That being said, Kidron points out that the company is still on track to meet expectations. “Our checks suggest that tough conditions have persisted but have not worsened. We see signs of resiliency in WLAN, security and campus switching spending and believe Cisco has appropriately reset the bar to a level where it can deliver in-line results and offer in-line guidance,” he commented.Kidron adds that the demand for campus and data center switching has improved significantly, lending itself to his conclusion that CSCO has a leg up on its competition in the segment. While noting that its legacy DC footprint is a cause for concern, the five-star analyst’s long-term view is positive given CSCO's growing software and recurring revenue mix. As a result, Kidron’s bullish thesis remains very much intact. His $57 price target indicates that shares could surge 18% over the next twelve month period. (To watch Kidron’s track record, click here) Wall Street’s approach is more varied when it comes to CSCO. 11 Buy ratings and 8 Holds assigned in the last three months make the consensus a ‘Moderate Buy’. Its $55 average price target puts the upside potential at 13%. (See Cisco stock analysis on TipRanks) ProPetro Holding Corporation (PUMP)ProPetro provides hydraulic fracturing and other oilfield services to upstream oil and gas companies. With shares down 38% year-to-date, investors are worried PUMP won’t be able to deliver with its third quarter performance. PUMP has been under scrutiny following several negative disclosures including the report of an SEC probe, with shares feeling the heat as a result. It doesn’t help that slowing completions activity witnessed in September will likely weigh on profits. Nonetheless, J.P. Morgan analyst Sean Meakim believes that much of the risk associated with PUMP has already been factored into the share price. “As such, we think ProPetro is set up to provide a better outlook than the sell-side expects, and if it can offer incremental reassurance regarding the SEC probe and positive commentary on customer demand in 1H20 the stock could catch a bid,” he noted. The company’s new DuraStim fleets could also stand to boost PUMP’s position. Based on all the above factors, Meakim is still optimistic that PUMP can be a long-term winner. Along with his Buy rating, the analyst sees 82% upside potential in store. (To watch Meakim’s track record, click here) Looking at the consensus breakdown, 9 Buys and 5 Holds received in the last three months give PUMP ‘Moderate Buy’ status. Its $15 average price target suggests there’s room for a 93% twelve-month climb. (See ProPetro stock analysis on TipRanks)
Energizer Holdings Inc., the St. Louis-based maker of batteries and lighting products, promoted Mark LaVigne to president and chief operating officer, and announced several other executive changes Monday.
- Mark LaVigne Appointed President and Chief Operating Officer - Emily K. Boss Announces Retirement as Vice President and General Counsel - Hannah Kim Appointed Chief Legal Officer and Corporate Secretary ...
ST. LOUIS , Nov. 11, 2019 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) announced that its Board of Directors declared dividends on its common and preferred stock as follows: Common - a quarterly ...
The company says moving all distribution activities to the Monroe facility will free up space to expand manufacturing capabilities in Dayton, where it is actively looking to fill production jobs.
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.
Energizer Holdings, Inc. (NYSE:ENR) shareholders should be happy to see the share price up 10% in the last quarter...
ST. LOUIS , Oct. 31, 2019 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) today announced that it will host an Investor Day at The New York Stock Exchange on November 21, 2019 beginning at 1:00 p.m. ...
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
ST. LOUIS , Oct. 11, 2019 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) will report results for its fourth quarter and Fiscal 2019 before the market opens on November 13 , 2019. Energizer will ...
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Dividend stocks are the Swiss army knives of the stock market.When dividend stocks go up, you make money. When they don't go up -- you still make money (from the dividend). Heck, even when a dividend stock goes down in price, it's not all bad news, because the dividend yield (the absolute dividend amount, divided by the stock price) gets richer the more the stock falls in price.Knowing all this, wouldn't you like to own find great dividend stocks? Of course you would!And thanks to the Stock Screener at TipRanks, you can. In today's screen, we've sought out stocks receiving "strong buy" recommendations on Wall Street, with price targets significantly above where they trade today -- and dividend yields better than the S&P 500's average 2% yield.Here's what we've found:Energizer (ENR)With a stock price down 30% over the past year, you might think that Energizer is running out of juice -- but Wall Street begs to differ. TipRanks' survey of stock analyst ratings shows that, on average, Wall Street considers the world's second-most-famous battery maker a "strong buy," and capable of delivering nearly 40% profit if it reaches its $60 consensus price target. (See ENR's price targets and analyst ratings on TipRanks)Energizer's trailing profits have slipped from more than $200 million earned in 2017, to just $6.4 million earned over the last 12 months, hurt, as UBS analyst Steven Strycula explains, by "early-stage integration setbacks" of its Spectrum Auto Care subsidiary, and "higher debt leverage."That being said, the consensus of analysts who follow the stock is that Energizer will pull out a win this year, earning perhaps $1.96 per share -- then double that by 2021, when earnings are expected to climb to $3.95 per share. Strycula argued in August that the bear case on this stock is now fully "priced-in," whereas the problems that have hurt earnings are "fixable." At "9.5x Consensus EBITDA" with a 3% dividend yield, he thinks the stock is a 'buy'.Evercore ISI analyst Robert Ottenstein added, "ENR screens as the most undervalued stock in our coverage, reflecting controversies over i) the strategic rationale of Energizer’s diversification into Auto Care; ii) structural changes in the battery industry and whether a constructive pricing can be supported and; iii) risks of integration hiccups that could derail the delivery of financial targets."Ottenstein has recently raised his price target on ENR to $60 (from $50), which implies nearly 50% upside from current levels. (To watch Ottenstein's track record, click here)Dine Brands Global (DIN)It's hard to find a stock with less sex appeal than batteries, but Dine Brands -- the restaurateur behind the IHOP and Applebee's chains -- is a close second. Regardless, Wall Street loves this stock as well, predicting the stock could rise as much as 50% over the next 12 months -- and for good reason.Last quarter, Dine Brands posted an impressive 24% gain in sales, and 68% growth in earnings. With profits on the rise, the stock now sells for a P/E of less than 13, and pays a 3.6% dividend yield to boot!Recently, MKM analyst Brett Levy initiated coverage of Dine Brands with a "buy" rating and a $90 price target (Dine Brands stock costs less than $73 today). The analyst likes Dine Equity's existing dual-branded franchising model, which has produced positive same-store sales since late 2017, and notes that management is working hard to prepare for further "evolution" in its business.With shares basically flat over the past 52 weeks, Levy thinks there's still time to get in before the stock takes off. (To watch Levy's track record, click here)Levy is not the only fan of Dine Brands on Wall Street. Deutsche Bank's Brian Mullan believes DIN's valuation seems "too cheap to us absent a variant view that calls for persistently negative SSS and / or persistent unit closures (at either brand) in the out years, which we don't have. As such, we are sticking with the Buy rating, and see a better setup for the balance of the year. Our PT of $104 implies ~27% upside from today's close, with a 12 month time horizon in mind."CVS Health (CVS)Coming at last to perhaps Wall Street's highest profile pick, CVS Health is the nation's largest retail pharmacy chain, with 24% market share as of the end of last year (more than one-third more than second-place Walgreens).Surprisingly for a category leader, CVS sells for a very reasonable 17 times trailing earnings (the average P/E on the S&P 500 is 21.5), and pays its shareholders a market-beating 3.2% dividend yield to boot.Last month, RBC Capital analyst Anton Hie initiated coverage of CVS with an 'outperform' rating and an $85 price target, which is even better than the consensus price target of $72.80 (which itself would mean an 18% profit from today's price levels). (To watch Hie's track record, click here)Hie said his 'buy' thesis is predicated "on our belief that CVS is positioned to lead the transformation of healthcare delivery with its unique set of vertically-integrated assets." As CVS executes on said transformation, Hie predicts "patient investors will be rewarded" as management "delivers strong value creation."It's even possible that not too much patience will be required. Already, CVS showed strong revenue growth of 35% last quarter, which is pretty impressive for a company already doing $226 billion in business annually. That being said, even if it does take a while for investors to see the value in this one, CVS shareholders can sit back and quietly enjoy their 3.2% dividend checks until the market discovers what analysts already see in CVS stock. (See CVS's price targets and analyst ratings on TipRanks)
The maker of Energizer batteries sued the maker of Duracell batteries on Monday, accusing Duracell of duping consumers by implying that its new "Optimum" AA and AAA batteries are more powerful and last longer than all rival batteries. It is only in the "mice-type" fine print, according to Energizer, that battery buyers learn that Optimum may outperform Duracell's own Coppertop batteries, not rival batteries, and only in some devices.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Moody's Investors Service ("Moody's") today downgraded Edgewell Personal Care Co.'s ("Edgewell") Corporate Family Rating (CFR) to B1 from Ba3 and Probability of Default Rating to B1-PD from Ba3-PD. Moody's also downgraded the ratings on Edgewell's unsecured notes to B3 (LGD 5) from Ba3 (LGD 4). This concludes the review that was initiated on May 10th, 2019 when Edgewell announced the Harry's acquisition.