Energizer Holdings Inc. (ENR): Is it showing Green Signal

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Energizer Holdings Inc. (NYSE:ENR) changes shares on Tuesday trading session, with a change of 2.46% or $1.27 shares. The trading starts at $51.43 and closed at $51.71 throughout the day. The trading session low price was $51.06 and day high was $53.19 on Tuesday, August 04. After the session, the Industrials sector daily volume shifted to 0.89 million while its average volume is 706.08K. In other hand, the ENR market cap reached to $3.63B. While, its current target price is $51.58.

On December 3, 2019, Varta gains conditional EU okay to buy Energizer’s assets. According to the news reported on Reuters, 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.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 7.81% and up 10.88% for month. Its quarterly performance was 36.97% above, while its half year performance is up 5.29%. ENR yearly performance stood at positive 35.46% and rise 5.50% for year-to-date. Current recommendation for Energizer Holdings Inc. is 2.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. ENR EPS (TTM) for 12-month is 1.36. EPS for this year is -64.00%, while for the next year its value is 3.34. Sales growth for the current quarter is 3.85 while its EPS Q/Q reached 114.30%. It has an EPS of -21.00% down for past five years and for the next five years will be up 10.10%.

Let’s take a look on the analyst recommendations on ENR for the current month and previous month. For the current month, 10 of 13 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $33.00 – $60.00. Average target price for ENR was reached at $50.46.

FMR, LLC, JP Morgan Chase & Company and Vanguard Group, Inc. (The) are the top three holders in Energizer Holdings Inc. (ENR) stock. On Mar 30, 2020, FMR, LLC has 8.44 million shares which valued 255.2 million. On Mar 30, 2020, JP Morgan Chase & Company owned 6.18 million shares which valued at 186.9 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 6.11 million shares which valued at 184.81 million. In the end, Vanguard Group, Inc. (The) have 8.92% shares outstanding of Energizer Holdings Inc. (ENR) on Mar 30, 2020. The insider ownership moved to 0.90% and institutional holding shifted to 98.80%.

The company posted an EPS (TTM) of 1.36. According to the most recent quarter report on (Jun 2020), 11 analysts estimated an average EPS of 0.58, while 0.37 EPS posted a year ago period. Analyst Estimated EPS for ENR published in the report was $0.48 – $0.65 during the same period. Comparing with last year, the average estimated EPS was 0.37 which is equal to 0.37 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for ENR rise 17.97% for period of 200 days. SMA for 50 days was 11.51% which is showing green signal, while SMA-20 was 7.46%. The moving average value for Energizer Holdings Inc. (ENR) is 43.69 and 48.46 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in ENR stock. On May 12, LaVigne Mark Stephen, President & COO, bought 3,000 trading shares at the cost of $41.20, which valued at 0.12 million. On Feb 07, Drabik John J, SVP, Corporate Controller, sold 2,000 shares at the cost of $51.73, with total shares of 6,853. On Aug 15, GORMAN TIMOTHY W, EVP, CFO & CAO, bought 10,000 shares at the cost of 35.73. After this transaction, GORMAN TIMOTHY W total shares reached to 55,072 which valued at 0.36 million.