Now trading at a price of $34.22, Energizer has moved -8.1% so far today. In contrast, the S&P 500 index moved -0.6%. Read below for a basic value analysis of Energizer.
Energizer shares moved 6.6% over the last 52 weeks, with a high of $37.89 and a low of $24.81. During this time, the stock outperformed the S&P 500 index by 14.4%. As of January 2022, the company's 50-day average price is $35.0. Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. The mid-cap Industrials company has 5,500 full time employees and is based in Saint Louis, MO. Energizer has returned a 3.2% dividend yield over the last 12 months.
Operating Margins Higher Than the 9.97% Industry Average, but Excessive Leverage:
| 2019-09-30 | 2020-09-30 | 2021-09-30 | 2022-09-30 | |
|---|---|---|---|---|
| Revenue (MM) | $2,494 | $2,745 | $3,022 | $3,050 |
| Revenue Growth | n/a | 10.03% | 10.08% | 0.95% |
| Gross Margins | 40.2% | 39.4% | 38.4% | 36.7% |
| Gross Margins Growth | n/a | -1.99% | -2.54% | -4.43% |
| Operating Margins | 11.4% | 13.1% | 13.8% | 13.2% |
| Operating Margins Growth | n/a | 14.91% | 5.34% | -4.35% |
| Earnings Per Share | $0.58 | -$1.59 | $2.11 | $3.06 |
| EPS Growth | n/a | -374.14% | 232.7% | 45.02% |
| Free Cash Flow (MM) | $94 | $311 | $115 | -$92 |
| FCF Growth | n/a | 229.56% | -63.1% | -179.7% |
| Capital Expenditures (MM) | -$55 | -$65 | -$65 | -$92 |
| Net Debt / EBITDA | 8.33 | 7.9 | 5.98 | 6.31 |
Energizer Is Overvalued:
Compared to the Industrials sector's average of 21.46, Energizer has a trailing twelve month P/E ratio of 11.2 and, according to its EPS guidance of 3.35, an expected P/E ratio of 10.2. Energizer's PEG ratio is -0.51 based on its -21.75% annual average growth rate of historical and projected earnings per share. This indicates that the company's shares are overvalued.
Energizer's P/B ratio is 18.7 compared to its sector average of 3.7. The company is likely overvalued in terms of its net asset value. The company's shares are currently trading 422.6% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 4-year average EPS * book value per share) = √(22.5 * 1.04 * 1.832) = $6.55
Energizer Is the Subject of Mixed Market Indicators:
10 analysts are following Energizer and have set target prices ranging from $33 to $45 per share. On average, they have given the company a rating of buy. At the current price of $34.22, ENR is trading -10.65% away from its average analyst target price of $38.3 per share, implying an analyst consensus of some upside potential for the stock.
The company has an average amount of shares sold short since 5.5% of the company's shares are tied to short positions. Institutions own 89.9% of Energizer's shares, while the insider ownership rate stands at 6.36%. The biggest shareholder is the Vanguard Group, Inc. with a 11% stake in the company worth approximately $258,267,657.
