Energizer stock: buy or sell?
September 20th, 2019
Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide.
Should I buy Energizer stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Energizer stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Energizer stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 11 ratings published for ENR stock in the last 30 days. The general sentiment of these ratings is bullish for ENR stock, with 7 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-9||Bank of America||Underperform||Buy|
|2019-8-8||Royal Bank of Canada||n/a||Buy|
|2019-8-7||Bank of America||Underperform||Underperform|
|2019-6-19||JPMorgan Chase & Co.||Neutral||Underweight|
|2019-3-22||JPMorgan Chase & Co.||n/a||Neutral|
|2019-1-15||Jefferies Financial Group||n/a||Buy|
Energizer stock analysis
Shares of Energizer remained steady a lame -0.29% and closed at $41.91.
Energizer ended yesterday at $41.91 and remained steady a lame -0.29%. ENR shows a short term strength with several rising tops and rising bottoms. In the very short term, on Sep/19 it marked a new bottom at $41.56 that should act a support if Energizer starts a trading flat base in the range of $41.56 - $46.77 If Energizer breakouts over $46.77 with average or higher volume, this would be a clear signal that the uptrend resumes.
After boosting a dazzling 10.31% in a week last week, Energizer closed this week at $41.91 and plummed a scary -7.50%. This week broke a streak of 4 green weeks.
This week, Energizer stock dived below the significant level of the 40-weeks moving average. Stocks below the 40w moving average line are usually not recommended for average traders.
Energizer stock price history
Energizer IPO was on March 27th, 2000 at $18.79 per share1. Since then, ENR stock surged a 123.00%, with an average of 6.50% per year. If you had invested right after ENR's IPO a $1,000 in Energizer stock in 2000, it would worth $1,230.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Energizer stock historical price chart
ENR stock reached 52-week highs at $61.22, and all-time highs 2015-05-22 with a price of 130.55.
Energizer stock price target is $50.50How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We found 10 price forecasts for Energizer stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-9||Bank of America||Upgrades||$35.00||$48.00||37.1%|
|2019-8-8||Royal Bank of Canada||Reiterates||n/a||$70.00||-|
|2019-8-7||Bank of America||Reiterates||$40.00||$35.00||-12.5%|
|2019-6-19||JPMorgan Chase & Co.||Downgrades||$45.00||$36.00||-20%|
|2019-3-22||JPMorgan Chase & Co.||Initiates||n/a||$49.00||-|
|2019-1-15||Jefferies Financial Group||Reiterates||n/a||$64.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareEnergizer reported fine results for 2018-Q4 on February. Energizer inched Earnings per Share (EPS) by 7.20%, beating experts estimates of $1.53. Energizer posted $1.64.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Energizer annual turnover raised a tiny 2.39% to $1,797.70 million USD from $1,755.70 marked in 2017. On the other hand, its profit margin (compared to revenues) slipped to 5.20%, that is $93.50 million. Energizer presents anual results in September, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Energizer TTM sales up to December 2018 were $1,796.30 and earnings $103.90 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Energizer business evolution since September 2018: Annual revenues up to December, compared to lastest yearly report, remained constant a tight -0.08%. Regarding profit margin, Energizer stayed steady 0.58% to 5.20%
|2013||$2,010 M||-||$115 M5.7%||-|
|2014||$1,840 M||-8.44%||$157 M8.5%||36.90%|
|2015||$1,632 M||-11.35%||$-4.00 M-0.2%||-102.54%|
|2016||$1,634 M||0.16%||$128 M7.8%||-3,292.50%|
|2017||$1,756 M||7.43%||$202 M11.5%||57.79%|
|2018||$1,798 M||2.39%||$94 M5.2%||-53.60%|
|TTM||$1,796 M||-0.08%||$104 M5.8%||11.12%|
Quarterly financial resultsEnergizer posted $571.90 M in sales for 2018-Q4, a 25.09% up compared to previous quarter. Reported quarter earnings marked $70.80 million with a profit margin of 12.38%. Profit margin climbed a 12.05% compared to previous quarter when profit margin was 0.33%. When comparing sales to same quarter last year, Energizer sales marked a neutral move and stayed steady a -0.24%. Looking back to recent quarterly results, Energizer posted 3 positive quarters in a row.
|2017-Q1||$359 M||-||$47 M13.1%||-|
|2017-Q2||$372 M||3.62%||$25 M6.7%||-46.91%|
|2017-Q3||$465 M||25.03%||$34 M7.3%||36.95%|
|2017-Q4||$573 M||23.26%||$60 M10.5%||77.13%|
|2018-Q1||$374 M||-34.69%||$8 M2.1%||-87.09%|
|2018-Q2||$393 M||4.91%||$24 M6.1%||205.13%|
|2018-Q3||$457 M||16.40%||$2 M0.3%||-93.70%|
|2018-Q4||$572 M||25.09%||$71 M12.4%||4,620.00%|
Energizer ownershipWhen you are planning to buy a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Energizer, 9.01% of all outstanding shares are owned by its staff.
Bearish positions for ENR stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.9 B|
|Total shares||68.9 M|
|Float shares||62.5 M|
|- Institutional holdings (%)||82.3%|
|- Insider holdings (%)||9.0%|
|Shares in short selling||0.0%|
|Friday, September 20th, 2019|
|Day range||$41.59 - $42.37|
|Average true range||$1.54|
|50d mov avg||$39.25|
|100d mov avg||$40.71|
|200d mov avg||$43.19|
Energizer performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We chose as the bechmarking frame for Energizer stock.