Favorable Press Coverage Somewhat Unlikely to Impact Energizer (ENR) Stock Price

News headlines about Energizer (NYSE:ENR) have trended positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Energizer earned a news impact score of 0.33 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 47.1422112160997 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the headlines that may have impacted Accern’s scoring:

Energizer opened at $60.74 on Friday, Marketbeat Ratings reports. The stock has a market capitalization of $3.63 billion, a P/E ratio of 20.38, a P/E/G ratio of 2.03 and a beta of 0.83. Energizer has a 12 month low of $40.64 and a 12 month high of $64.00. The company has a current ratio of 1.90, a quick ratio of 1.37 and a debt-to-equity ratio of 21.86.

Energizer (NYSE:ENR) last posted its quarterly earnings results on Wednesday, May 2nd. The company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.03. The company had revenue of $374.40 million for the quarter, compared to the consensus estimate of $374.32 million. Energizer had a net margin of 7.13% and a return on equity of 292.85%. The firm’s revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.50 EPS. equities research analysts expect that Energizer will post 3.37 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 13th. Investors of record on Monday, May 21st will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Friday, May 18th. Energizer’s dividend payout ratio is presently 38.93%.

Several equities research analysts have recently weighed in on ENR shares. ValuEngine raised shares of Energizer from a “hold” rating to a “buy” rating in a research note on Thursday. Jefferies Group raised shares of Energizer from a “hold” rating to a “buy” rating and increased their target price for the company from $56.47 to $70.00 in a research note on Monday, May 21st. Bank of America increased their target price on shares of Energizer from $64.00 to $67.00 and gave the company a “buy” rating in a research note on Thursday, April 12th. Royal Bank of Canada reissued a “buy” rating and issued a $65.00 target price on shares of Energizer in a research note on Thursday, February 1st. Finally, Morgan Stanley increased their target price on shares of Energizer from $60.00 to $63.00 and gave the company an “equal weight” rating in a research note on Thursday, February 1st. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the company. Energizer has an average rating of “Hold” and an average target price of $62.30.

In related news, VP Susan K. Drath sold 13,904 shares of the firm’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $63.27, for a total value of $879,706.08. Following the transaction, the vice president now owns 22,367 shares of the company’s stock, valued at approximately $1,415,160.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.79% of the company’s stock.

Energizer Company Profile

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 and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid products.

Insider Buying and Selling by Quarter for Energizer (NYSE:ENR)

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