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Thu Sep 19 05:58:59 UTC 2024: ## Energizer Holdings (ENR) Holds Steady with Mixed Analyst Opinions
**New York, NY -** Energizer Holdings, Inc. (NYSE: ENR) has garnered a “Hold” consensus recommendation from eight analysts covering the company, according to MarketBeat.com. While three analysts have issued a “Buy” rating, one analyst has given a “Sell” recommendation, with the remaining four opting for a “Hold”. The average 12-month price target among analysts is $34.38.
Recent analyst activity has included a “Sector Perform” rating and $38.00 price target from Royal Bank of Canada, a lowered price target from $42.00 to $40.00 and an “Outperform” rating from Evercore ISI, and a raised price target from $28.00 to $29.00 but an “Underweight” rating from JPMorgan Chase & Co. Truist Financial upgraded the stock from “Hold” to “Buy” with a raised price target of $40.00, while Barclays boosted their price target to $32.00 with an “Overweight” rating.
Energizer’s stock opened at $29.19 on Monday, with a 52-week low of $26.92 and a 52-week high of $36.72. The company boasts a market capitalization of $2.10 billion, a P/E ratio of 24.53, and a beta of 1.04.
The company reported earnings on August 6th, exceeding analyst expectations with earnings per share of $0.79, compared to the consensus estimate of $0.67. Revenue for the quarter came in at $701.40 million, slightly below the estimated $704.86 million. Analysts anticipate an EPS of 3.27 for the current fiscal year.
Energizer also announced a quarterly dividend of $0.30 per share, payable on September 10th, representing an annualized dividend of $1.20 and a yield of 4.11%.
Energizer Holdings focuses on manufacturing and distributing a variety of battery and lighting products worldwide, including popular brands like Energizer, Eveready, and Rayovac.