Sara B. Hampton, Vice President and Controller at Energizer Holdings, Inc. (NYSE:ENR), recently sold a significant portion of her holdings in the company. According to a recent filing with the Securities and Exchange Commission, Hampton disposed of 2,812 shares of Energizer common stock on November 22, at a price of $38.49 per share. This transaction totaled $108,233. Following the sale, Hampton retains 4,635 shares of the company. Energizer Holdings, known for its battery and lighting products, remains a key player in the miscellaneous electrical machinery and equipment sector.
In other recent news, Energizer Holdings Inc. reported robust fourth-quarter results with adjusted earnings per share (EPS) of $1.22 and revenue of $805.7 million, surpassing analysts' expectations. The company's future projections for fiscal year 2025 include an organic revenue increase of 1% to 2%, and an adjusted EPS range of $3.45 to $3.65. JPMorgan upgraded Energizer stock from Underweight to Neutral, while Evercore ISI and Truist Securities reaffirmed their positive ratings. These upgrades and affirmations were based on Energizer's improved sales prospects and expected steady performance in both revenue and earnings. Energizer expects to see growth in battery sales consistent with household formation, setting a conservative target for fiscal year 2025 of 1% to 2% growth. The company also managed to reduce its net leverage to 4.9 times in fiscal 2024, aided by a $200 million debt pay down and adjusted EBITDA growth. These are some of the recent developments in Energizer Holdings Inc.
InvestingPro Insights
The recent sale by Sara B. Hampton comes at a time when Energizer Holdings (NYSE:ENR) is experiencing significant market momentum. According to InvestingPro data, the company's stock has shown strong performance, with a 26.11% price total return over the last three months and a 34.24% return over the past six months. This upward trend is further emphasized by the stock trading near its 52-week high, with the current price at 99.01% of that peak.
InvestingPro Tips highlight that Energizer is trading at a high earnings multiple, with a P/E ratio of 73.22. However, when adjusted for the last twelve months as of Q4 2024, this ratio drops to a more modest 12.3, suggesting potential value for investors. The company's financial health appears robust, with liquid assets exceeding short-term obligations, which could provide stability in the face of market fluctuations.
Despite a slight revenue decline of 2.46% in the last twelve months, Energizer maintains a solid gross profit margin of 40.94% and an operating income margin of 16.33%. These figures indicate the company's ability to manage costs effectively in a challenging market environment.
For investors seeking income, Energizer offers a dividend yield of 3.13%, with the last ex-dividend date on August 22, 2024. This, combined with the company's strong recent stock performance, may appeal to both value and income-oriented investors.
These insights are just a snapshot of the comprehensive analysis available through InvestingPro. With 13 additional tips listed for Energizer Holdings, subscribers can gain even deeper insights into the company's financial health and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.