Revenue Update on Energizer Holdings Inc(NYSE:ENR)

Energizer Holdings Inc(NYSE:ENR) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $361.00M. Analysts estimated a revenue of $356.69M. Earnings per share were $0.32. Analysts had estimated an EPS of $0.30.

In a different note, On Jul 12, 2016, Goldman Sachs said it Downgrades its rating on Energizer Holdings Inc. In the research note, the firm Raises the price-target to $50.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 7, 2016, Jefferies said it Maintains its rating on Energizer Holdings Inc. In the research note, the firm Lowers the price-target to $50.00 per share. The shares have been rated ‘Hold’ by the firm. On Jun 15, 2016, Citigroup said it Maintains its rating on Energizer Holdings Inc. In the research note, the firm Raises the price-target to $52.00 per share. The shares have been rated ‘Buy’ by the firm. On Jun 14, 2016, Citigroup said it Assumes its rating on Energizer Holdings Inc. The shares have been rated ‘Buy’ by the firm.

Energizer Holdings Inc (ENR) made into the market gainers list on Fridays trading session with the shares advancing 0.10% or 0.05 points. Due to strong positive momentum, the stock ended at $50.51, which is also near the day’s high of $50.96. The stock began the session at $50.45 and the volume stood at 3,95,863 shares. The 52-week high of the shares is $53.41 and the 52 week low is $28.855. The company has a current market capitalization of $3,127 M and it has 6,19,03,884 shares in outstanding.

Energizer Holdings Inc has also declared a cash dividend of $0.2500 on Aug 1, 2016. The shares will quote ex-dividend on Aug 17, 2016 and the record date has been fixed on Aug 19, 2016. The dividend payable date has been fixed on Sep 9, 2016.

Several Insider Transactions has been reported to the SEC. On Mar 11, 2016, Gregory T Kinder (EVP, Chief Supply Chain Off.) sold 8,954 shares at $40.40 per share price.Also, On Feb 12, 2015, Ward M Klein (CHIEF EXECUTIVE OFFICER) sold 38,000 shares at $133.81 per share price.

Energizer Holdings Inc. formerly Energizer SpinCo Inc. manufactures and markets batteries and portable lighting products. The Company is focused on household products business. The Company’s brands include Energizer and Eveready. In addition to the Energizer and Eveready brands the Company also markets its flashlights under the Hard Case Dolphin and Weather Ready sub-brands. Its products include Schick and Wilkinson Sword men’s and women’s shaving systems and disposables; Edge and Skintimate shave preparations; Playtex tampons gloves and infant feeding products; Banana Boat and Hawaiian Tropic sun care products and Wet Ones moist wipes. The Company four geographic segments include North America which is comprised of the United States and Canada; Latin America which includes its markets in Mexico the Caribbean Central America and South America; Europe Middle East and Africa (EMEA) and Asia Pacific which is comprised of its markets in Asia Australia and New Zealand.

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