JP Morgan has recently raised Energizer Holdings Inc (ENR) stock to Neutral rating, as announced on November 20, 2024, according to Finviz. Earlier, on November 20, 2024, Barclays had reduced the stock from a Overweight to Equal Weight, setting a price target of $36 for ENR stock. Truist also raised Buy rating with a price target of $40. Additionally, Morgan Stanley raised rating on May 8, 2024, with a target price of $33. UBS analysts, in their report published on November 20, 2023, also reduced Neutral rating and set a price target of $34 for Energizer Holdings Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Energizer Holdings Inc (ENR) Stock Trading Recap
On Tuesday, Energizer Holdings Inc (ENR) stock saw a decline, ending the day at $30.49 which represents a decrease of $-0.68 or -2.18% from the prior close of $31.17. The stock opened at $31.04 and touched a low of $30.36 during the day, reaching a high of $31.04. The volume of shares traded was 0.88 million exceeding the average volume of 0.59 million.
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ENR Stock Performance and Moving Averages
In recent trading, Energizer Holdings Inc (ENR) stock price has shown some volatility, fluctuating 2.66% over the last five trades and -5.05% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by -2.12%, and it has plunged by -21.42% in the previous three months. Currently, ENR is trading at -1.11%, -7.31%, and -4.63% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, ENR, a Industrials sector stock, is trading -22.84% below its 52-week high but remains 13.27% above its 52-week low. The Average True Range (ATR) (14 days) of 0.75 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Energizer Holdings Inc’s Profitability and Valuation Ratios
Energizer Holdings Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 15.63% and a profit margin of 2.02%, with a gross margin of -2.12%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Energizer Holdings Inc’s market capitalization stands at $2.20 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 38.45, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 8.05. Additionally, the Price-to-Sales Ratio is 0.76, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 15.65, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 9.38% of Energizer Holdings Inc (ENR)’s shares, while financial institutions hold 85.38%.
Notable insider trades include Hampton Sara B., VP, Controller at Energizer Holdings Inc (ENR), who sold 2,812 shares on Nov 22 ’24, at $38.49 each, totaling $0.11 million. On Nov 22 ’24, Vauth Robin, EVP, International, sold 4,070 shares for $38.16 each, amounting to $0.16 million. Additionally, on Aug 08 ’24, Hampton Sara B. sold 4,971 shares at $29.81 each, generating $0.15 million.
