Energizer stock: buy or sell?

ENR stock price: $41.91 -0.29% At close on September 20th, 2019

Updated on:
September 20th, 2019

1

Energizer shares remained constant -0.29% to $41.91 yesterday. With Friday it's been 5 sliding days in a row, loosing $-3.40 (-7.56%).

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean ENR will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is ENR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-9Bank of AmericaUnderperformBuy
2019-8-8Royal Bank of Canadan/aBuy
2019-8-7Bank of AmericaUnderperformUnderperform
2019-8-22UBS GroupNeutralBuy
2019-6-26Deutsche BankHoldBuy
2019-6-19JPMorgan Chase & Co.NeutralUnderweight
2019-5-14CitigroupNeutralBuy
2019-3-26CitigroupNeutralNeutral
2019-3-22JPMorgan Chase & Co.n/aNeutral
2019-2-12Evercore ISIOutperformOutperform
2019-1-15Jefferies Financial Groupn/aBuy

Energizer stock analysis

Daily outlook

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.

ENR stock chart (daily)

Weekly outlook

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.

ENR stock chart (weekly)

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 $50.50

How 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:
ENR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-9Bank of AmericaUpgrades$35.00$48.0037.1%
2019-8-8Royal Bank of CanadaReiteratesn/a$70.00-
2019-8-7Bank of AmericaReiterates$40.00$35.00-12.5%
2019-8-22UBS GroupUpgrades$50.00$46.00-8%
2019-6-26Deutsche BankUpgradesn/a$52.00-
2019-6-19JPMorgan Chase & Co.Downgrades$45.00$36.00-20%
2019-3-26CitigroupLowers Target$52.00$50.00-3.8%
2019-3-22JPMorgan Chase & Co.Initiatesn/a$49.00-
2019-2-12Evercore ISIInitiatesn/a$55.00-
2019-1-15Jefferies Financial GroupReiteratesn/a$64.00-
(in average)$44.40$50.5014.0%
Moving in a range from $70.00 and $35.00, the price target for Energizer stock is $50.50. In average, analysts' outlook on ENR price forecast is positive, upgrading the prediction by a 14.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Energizer 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.
ENR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.55n/a
2017-Q2-n/a0.46n/a
2017-Q32017-11-080.490.5410.2%
2017-Q42018-01-311.431.558.4%
2018-Q12018-05-020.420.457.1%
2018-Q22018-08-010.540.540.0%
2018-Q32018-11-150.810.832.5%
2018-Q42019-02-051.531.647.2%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 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%

ENR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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 M0.16%$128 M7.8%-3,292.50%
2017$1,756 M7.43%$202 M11.5%57.79%
2018$1,798 M2.39%$94 M5.2%-53.60%
TTM $1,796 M-0.08%$104 M5.8%11.12%

Quarterly financial results

Energizer 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.
ENR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$359 M-$47 M13.1%-
2017-Q2$372 M3.62%$25 M6.7%-46.91%
2017-Q3$465 M25.03%$34 M7.3%36.95%
2017-Q4$573 M23.26%$60 M10.5%77.13%
2018-Q1$374 M-34.69%$8 M2.1%-87.09%
2018-Q2$393 M4.91%$24 M6.1%205.13%
2018-Q3$457 M16.40%$2 M0.3%-93.70%
2018-Q4$572 M25.09%$71 M12.4%4,620.00%

Energizer ownership

When 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:

ENR
Market cap$2.9 B
Total shares68.9 M
Float shares62.5 M
  - Institutional holdings (%)82.3%
  - Insider holdings (%)9.0%
Shares in short selling0.0%

Energizer summary

Friday, September 20th, 2019
Open$42.14
Close$41.91
Day range$41.59 - $42.37
Previous close$42.03
Session gain-0.29%
Average true range$1.54
50d mov avg$39.25
100d mov avg$40.71
200d mov avg$43.19
Daily patternlb03a
Weekly pattern

Energizer performance

Performance 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.
Stock3m6m12m
ENREnergizer9.08%-5.67%-30.93%

Energizer competitors

Unfortunately, we could not find any public company that could be defined as Energizer competitor. This doesn't mean Energizer does not have any competitor in the market, it's just we could not detected it.