Wall Street predicts Energizer Holdings Inc (ENR) stock to surge by 16.27%

Energizer Holdings Inc [ENR] stock prices are down -0.40% to $32.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ENR shares have gain 6.68% over the last week, with a monthly amount glided 5.99%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Energizer Holdings Inc [NYSE: ENR] stock has seen the most recent analyst activity on August 27, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $40 from $30. Previously, Morgan Stanley upgraded its rating to Equal-Weight on May 08, 2024, and kept the price target unchanged to $33. On November 20, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $34 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and decreased its price target to $38 on November 15, 2023. Morgan Stanley downgraded its rating to a Underweight but $33 remained the price target by the analyst firm on November 15, 2023. JP Morgan downgraded its rating to Underweight for this stock on November 15, 2023, but kept the price target unchanged to $33. In a note dated August 28, 2023, Truist downgraded an Hold rating on this stock and revised its target price from $40 to $35.

The stock price of Energizer Holdings Inc [ENR] has been fluctuating between $26.92 and $36.72 over the past year. Currently, Wall Street analysts expect the stock to reach $37.67 within the next 12 months. Energizer Holdings Inc [NYSE: ENR] shares were valued at $32.40 at the most recent close of the market. An investor can expect a potential return of 16.27% based on the average ENR price forecast.

Analyzing the ENR fundamentals

The Energizer Holdings Inc [NYSE:ENR] reported sales of 2.89B for trailing twelve months, representing a surge of 0.29%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.06 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of25.91.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.14 points at the first support level, and at 31.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.73, and for the 2nd resistance point, it is at 33.07.

Ratios To Look Out For

It’s worth pointing out that Energizer Holdings Inc [NYSE:ENR]’s Current Ratio is 1.99. On the other hand, the Quick Ratio is 1.01, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 18.85 and price to earnings (TTM) ratio is 242.15.

Transactions by insiders

Recent insider trading involved Hampton Sara B., VP, Global Controllership, that happened on Aug 08 ’24 when 4971.0 shares were sold. Officer, Hampton Sara B. completed a deal on Aug 08 ’24 to buy 4971.0 shares. Meanwhile, Director MOORE PATRICK J bought 5000.0 shares on Feb 15 ’24.

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