While Energizer Holdings Inc has underperformed by -2.48%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ENR fell by -48.09%, with highs and lows ranging from $39.15 to $16.77, whereas the simple moving average fell by -28.22% in the last 200 days.
On November 20, 2024, JP Morgan Upgraded Energizer Holdings Inc (NYSE: ENR) to Neutral. A report published by Barclays on November 20, 2024, Downgraded its rating to ‘Equal Weight’ for ENR. Truist also Upgraded ENR shares as ‘Buy’, setting a target price of $40 on the company’s shares in a report dated August 27, 2024. UBS November 20, 2023d its ‘Buy’ rating to ‘Neutral’ for ENR, as published in its report on November 20, 2023. RBC Capital Mkts’s report from November 15, 2023 suggests a price prediction of $38 for ENR shares, giving the stock a ‘Sector Perform’ rating. Morgan Stanley also rated the stock as ‘Underweight’.
Analysis of Energizer Holdings Inc (ENR)
With ENR’s current dividend of $1.20 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 3.36%, showing a positive trend in the upcoming months.
Energizer Holdings Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 156.36% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.13, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and ENR has an average volume of 1.10M. On a monthly basis, the volatility of the stock is set at 4.79%, whereas on a weekly basis, it is put at 4.76%, with a gain of 0.06% over the past seven days. Furthermore, long-term investors anticipate a median target price of $25.29, showing growth from the present price of $18.11, which can serve as yet another indication of whether ENR is worth investing in or should be passed over.
How Do You Analyze Energizer Holdings Inc Shares?
Electrical Equipment & Parts giant Energizer Holdings Inc (ENR) is based in the USA and is one of the largest companies in the market. When comparing Energizer Holdings Inc shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.45, there is a growth in quarterly earnings of -22.98%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 10.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 93.49% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
