|Bid||0.00 x 1300|
|Ask||0.00 x 1400|
|Day's Range||48.40 - 50.99|
|52 Week Range||44.15 - 65.57|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||24.41|
|Earnings Date||Jan 29, 2019 - Feb 4, 2019|
|Forward Dividend & Yield||1.16 (1.90%)|
|1y Target Est||68.11|
Moody's Investors Service ("Moody's") today placed the ratings for Energizer Holdings, Inc. ("Energizer") under review for downgrade. This follows Energizer's announced $1.25 billion largely debt financed acquisition of Spectrum Brands' auto care business.
A major hospital system based in North Carolina agreed to settle a Justice Department lawsuit, promising to change practices that antitrust enforcers alleged thwarted competition. The antitrust suit against Atrium Health focused on language in its agreements with health insurers that had restricted the insurers from creating plans that steered patients to rivals offering lower prices, according to the Justice Department. Atrium said it would stop enforcing such clauses and not seek them in future contracts in the Charlotte area, where it has a large market share.
Energizer Holdings Inc. said it has agreed to buy another business from Spectrum Brands Holdings Inc. and amended the terms for a pending deal with Spectrum to ease regulatory concerns. The acquisition will be financed through $938 million in cash and $312 million of newly issued equity to Spectrum. Spectrum Auto Care generated net sales of $465 million and $117 million in adjusted earnings before interest, taxes, depreciation and amortization in the year ended June 30.
Energizer Holdings on Thursday said it is acquiring Spectrum Brands’ auto care business for $1.25 billion. The newly announced Spectrum Brands’ deal is subject to closing conditions, including regulatory approvals. The acquisition, according to Energizer, is expected to close in the second fiscal quarter of 2019.
Alan Hoskins has been the CEO of Energizer Holdings Inc (NYSE:ENR) since 2015. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth Read More...
said Thursday that it had agreed to sell its global auto care business to Energizer Holdings Inc. St. Louis-based Energizer will pay Spectrum $937.5 million in cash and $312.5 million in stock. Spectrum's auto care business includes the Armor All, STP and A/C Pro brands, Energizer said in a statement, and posted $465 million in net sales for the fiscal year ended June 30.
Middleton-based Spectrum Brands, which manufactures and markets consumer products like Rayovac batteries, Remington shavers, George Foreman grills and Armor All auto protectants, agreed to sell the global auto care business to Energizer Holdings Inc. of St. Louis in a transaction valued at $1.25 billion.
Consumer products company Spectrum Brands Holdings Inc said on Thursday it would sell its global auto care (GAC) business to battery maker Energizer Holdings Inc in a cash-and-stock deal valued at about $1.25 billion. Energizer said the move will bolster its portfolio with well-known autocare brands such as Armor All, STP motor oils and A/C Pro, as it seeks to diversify and reach more retailers. Energizer will pay Spectrum $937.5 million in cash and $312.5 million in stock.
Energizer Holdings Inc. announced Thursday a deal to buy Spectrum Brands Holdings Inc.'s global auto care business in a cash and stock deal valued at $1.25 billion. Spectrum's stock was up 0.7% in premarket trade, while Energizer' stock was still inactive. The battery maker also said it has amended its agreement with Spectrum regarding the proposed $2.0 billion acquisition of Spectrum's battery and portable lighting business, and proposed a remedy to the European Commission's concerns over the acquisition. Energizer said its proposal to the EC includes divesting the Europe-based Varta consumer battery business, which would reduce the expected purchase price to $1.4 billion to $1.5 billion. The purchase of the auto care business will be financed through $938 million in cash and $312 million worth of newly issued shares. Earlier, Energizer reported a fiscal fourth-quarter profit that topped expectations but sales that missed. Energizer's stock has rallied 17% year to date through Wednesday, while Spectrum shares have plunged 39% and the S&P 500 has gained 1.1%.
Consumer products company Spectrum Brands Holdings Inc said on Thursday it would sell its global auto care business to Energizer Holdings Inc in a cash-and-stock deal valued at $1.25 billion. Under terms ...
ST. LOUIS, Nov. 15, 2018 /PRNewswire/ -- Energizer Holdings, Inc. (ENR) ("Energizer" or "the Company") today announced that the Company has entered into an amended acquisition agreement and proposed a remedy for consideration to the European Commission ("EC") in relation to its proposed $2.0 billion acquisition of Spectrum Brands' (SPB) ("Spectrum") Battery and Portable Lighting Business ("Spectrum Battery"). In addition, Energizer also announced that it has entered into a separate definitive agreement to acquire Spectrum Brands' Global Auto Care Business ("Spectrum Auto Care") in a cash and stock transaction valued at approximately $1.25 billion.
Energizer (ENR) delivered earnings and revenue surprises of 2.47% and 0.32%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
The St. Louis-based company said it had net income of 2 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 83 cents per share. The results exceeded ...
- Reported net sales decreased 1.7% in the fourth fiscal quarter driven by lower hurricane activity in the current period and unfavorable currency impacts - Organic net sales, excluding year over year ...
Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Energizer Holdings Inc (NYSE:ENR) has recently paid dividends to shareholders, Read More...
Energizer Holdings, the St. Louis-based maker of batteries and portable lighting products, has elected a new board chairman.
The Chesterfield, Missouri-based company said it had net income of 36 cents per share. Earnings, adjusted for one-time gains and costs, were $1.11 per share. The results surpassed Wall Street expectations. ...
ST. LOUIS, Nov. 12, 2018 /PRNewswire/ -- Energizer Holdings, Inc. (ENR) ("Energizer") today announced that its Board of Directors elected Patrick J. Moore, currently Vice Chairman of the Board of Directors, as independent Chairman of the Board of Directors, effective immediately. Mr. Moore succeeds J. Patrick Mulcahy, who served as Energizer's independent Chairman since July 2015. Mr. Mulcahy will continue to serve as a member of the Board.
ST. LOUIS , Nov. 12, 2018 /PRNewswire/ -- Energizer Holdings, Inc. (NYSE: ENR) announced that its Board of Directors has declared a dividend for the first quarter of its fiscal 2019 of $0.30 per share ...