Energizer Holdings Inc (NYSE: ENR): An Enticing Stock To Watch

Energizer Holdings Inc (NYSE:ENR) shares, rose in value on Friday, March 07, with the stock price up by 2.58% to the previous day’s close as strong demand from buyers drove the stock to $31.05.

Actively observing the price movement in the last trading, the stock closed the session at $30.27. The PE ratio was 39.16 over 12-month period. Referring to stock’s 52-week performance, its high was $39.51, and the low was $26.92. On the whole, ENR has fluctuated by -3.90% over the past month.

With the market capitalization of Energizer Holdings Inc currently standing at about $2.24 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 1.20, with its dividend yield at 3.86%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.93B, with a low estimate of 664.29M and a high estimate of 676.8M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 670.85M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that ENR’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of Hold while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 6.50, with the price of ENR currently trading nearly 0.42% and -6.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.71, while the 7-day volatility ratio is showing 2.50% which for the 30-day chart, stands at 2.11%. Furthermore, Energizer Holdings Inc (ENR)’s beta value is 0.92, and its average true range (ATR) is 0.73.

A comparison of Energizer Holdings Inc (ENR) with its peers suggests the former has fared considerably weaker in the market. ENR showed an intraday change of 2.58% in last session, and over the past year, it grew by 12.01%%.

Data on historical trading for Energizer Holdings Inc (NYSE:ENR) indicates that the trading volumes over the past 3 months, they’ve averaged 579.14K. According to company’s latest data on outstanding shares, there are 72.18 million shares outstanding.

Nearly 9.38% of Energizer Holdings Inc’s shares belong to company insiders and institutional investors own 85.40% of the company’s shares. The stock has fallen by -11.01% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ENR stock heading into the next quarter.

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