Energizer (ENR)
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Energizer Holdings: Despite Some Weak Spots, The Long-Term Outlook Is Electrifying
Seeking Alpha· 2025-01-26 19:42
Even though it has a market capitalization of only $2.54 billion, Energizer Holdings (NYSE: ENR ) has got to be one of the most iconic companies on the planet. Almost everybody knows that it is a major playerCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firm ...
Is Energizer (ENR) Outperforming Other Consumer Staples Stocks This Year?
ZACKS· 2025-01-21 15:41
For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Energizer Holdings (ENR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Energizer Holdings is one of 181 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 with ...
ENR Stock Trades 12% Below 52-Week High: Key Insights for Investors
ZACKS· 2025-01-03 13:51
Energizer Holdings Inc.'s (ENR) shares are currently trading 12.4% below its 52-week high of $39.51 attained on Dec. 2, 2024, making investors contemplate their next moves. In the past six months, the stock has gained 17.2% compared with the Zacks industry’s 1.3% growth.The company’s enhanced operational efficiency and growth initiatives have also helped it to outperform the broader sector and the S&P 500 index’s decline of 0.8% and growth of 6.8%, respectively, during the same period.ENR Stock Past Six-Mon ...
Here's Why Energizer Holdings (ENR) is a Strong Growth Stock
ZACKS· 2024-12-25 15:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...
Why ENR Might Be Your Next Value Pick: Key Insights for Investors
ZACKS· 2024-12-16 15:10
Energizer Holdings Inc. (ENR) stands out as a compelling value play within the industry, trading at a forward 12-month price-to-earnings ratio of 10.13, below the industry average of 22.07 and the sector average of 17.51. This undervaluation highlights its potential for investors seeking attractive entry points. ENR's Value Score of A further emphasizes its investment appeal.Image Source: Zacks Investment ResearchShares of the company are currently trading 7% below its 52-week high of $39.51, reached on Dec ...
Stocks This Week: Buy Energizer And Shopify
Forbes· 2024-11-25 11:00
Photo by Michael M. Santiago/Getty ImagesGetty ImagesThe stock market is in the favorable holiday season. First, Thanksgiving provides a boost and then the Christmas-New Year bullish effect kicks in. The December 15-January 11 interval is one of the most bullish periods in any year. Do not sell short or sit on cash.Energizer Holdings manufactures, markets, and distributes household batteries, specialty batteries, and lighting products. The three-up graph below depicts the daily technical condition in the to ...
Here's Why Energizer Stock Is Up 9% After Q4 Earnings Beat Estimates
ZACKS· 2024-11-20 13:15
Shares of Energizer Holdings, Inc. (ENR) surged 9.1% before closing yesterday's trading session following the release of its fourth-quarter results. Net sales declined year over year and lagged the Zacks Consensus Estimate. However, earnings improved from the year-ago period and surpassed the consensus estimate. Energizer’s strategic initiatives include Project Momentum for margin recovery, cash flow restoration and debt reduction. The company focuses on market expansion by leveraging its global platform, i ...
Energizer (ENR) - 2024 Q4 - Earnings Call Transcript
2024-11-20 00:33
Financial Data and Key Metrics - Organic net sales were within the guided range, with a 2.2% decline for the full fiscal year, driven by a 3.4% decline in Battery and Lights sales, partially offset by a 2.3% increase in Auto Care sales [26][27] - Adjusted gross margins improved by 190 basis points to 40.9% for the full year, with Q4 margins reaching 42.2% [9][11][27] - Free cash flow for the year was $339 million, representing 11.7% of net sales, enabling $200 million in debt reduction [9][11][28] - Adjusted EBITDA grew 2.5% to $612.4 million, and adjusted EPS increased 7.4% to $3.32 [28] - Net leverage ratio improved to 4.9x, down from 5x, with $200 million in debt reduction for the year [9][28] Business Line Performance - Battery and Lights organic sales declined 3.4%, primarily due to holiday order timing and promotional spending, partially offset by distribution gains and improved category trends [26] - Auto Care organic sales grew 2.3%, driven by distribution gains, partially offset by promotional spending [27] - E-commerce grew by approximately 15% in fiscal 2024, with plans for even more ambitious growth in fiscal 2025 [14][56] Market Performance - The company expects 1% to 2% organic sales growth across both batteries and Auto Care in fiscal 2025, with developing markets expected to drive outsized growth [12][15] - E-commerce growth is a key focus, with the US and international markets seeing significant investments in digital capabilities and partnerships [14][56] - The company is expanding its presence in developing markets, targeting regions with healthy population and GDP growth [15] Strategic Direction and Industry Competition - The company is focused on expanding distribution, accelerating e-commerce growth, and investing in innovation to drive top-line growth [13][14][17] - New product launches, such as the Armor All Podium Series and plastic-free packaging, are expected to drive growth and market leadership [17][18][20] - Project Momentum has delivered significant savings, with $90 million in fiscal 2024 and an expected $40 million to $60 million in fiscal 2025, contributing to margin improvement and investment in growth initiatives [25][31] Management Commentary on Operating Environment and Future Outlook - Management highlighted the resilience of the battery category and expects 1% growth in 2025, driven by healthy volume trends and promotional investments [48][49] - The company is well-positioned for fiscal 2025, with expectations of 1% to 2% organic sales growth, adjusted EBITDA of $625 million to $645 million, and adjusted EPS of $3.45 to $3.65 [12][30] - Management remains committed to debt reduction, with plans to pay down $150 million to $200 million in fiscal 2025, reducing leverage further [32][36] Other Important Information - The company expects gross margin expansion of approximately 50 basis points in fiscal 2025, driven by Project Momentum savings and favorable commodity costs [30] - Capital expenditures are projected to be between $80 million and $90 million, with investments in digital enablement, plastic-free packaging, and operational improvements [32] - The company anticipates a 2% to 3% organic net sales increase in Q1 2025, driven by hurricane-related demand and solid category growth [33][34] Q&A Session Summary Question: Long-term gross margin trajectory - The company expects 50 basis points of gross margin improvement in 2025, followed by algorithmic growth of 25+ basis points annually, supported by ongoing programs beyond Project Momentum [42] Question: Tariff impacts and global supply chain - Less than 5% of global cost of goods sold is subject to US tariffs due to China sourcing, with in-market production minimizing exposure [44] Question: Battery category outlook and pricing - The battery category is resilient, with mid-single-digit volume growth expected in 2025, driven by promotional investments and stable pricing [48][49] Question: Distribution gains and timing - Distribution gains are global and expected throughout fiscal 2025, with expanded space in existing retailers and new retail partnerships [52] Question: E-commerce growth and profitability - E-commerce grew 15% in 2024 and is expected to grow significantly more in 2025, driven by investments in digital capabilities and product assortment [56][59] - E-commerce profitability is neutral overall, with some margin-accretive and margin-dilutive areas [65] Question: Top-line phasing and segment performance - Q1 2025 is expected to see 2% to 3% organic sales growth, driven by hurricane-related demand, with stable growth throughout the year [69] - Volume growth of 200-300 basis points is expected, offset by 100+ basis points of pricing headwinds, with both battery and Auto Care segments contributing [71] Question: Pricing and promotional investments - Pricing headwinds of 100 basis points are expected, with elevated promotional spending to engage consumers and drive volume growth [80][81] Question: FX impact on guidance - FX is expected to be a 100-150 basis point drag on Q1 2025 revenue, with a $0.03 to $0.05 EPS impact, but the full-year guide accounts for currency headwinds [79] Question: Auto Care growth and profitability - Auto Care grew 2% in 2024 and is expected to grow 1% to 2% in 2025, supported by international expansion and the Podium Series launch [97] Question: Leverage reduction and capital allocation - The company plans to reduce leverage by half a turn annually, with $150 million to $200 million in debt reduction expected in 2025 [99][103] Question: Input cost outlook - Input costs are expected to be slightly positive in 2025, with headwinds from zinc, copper, and corrugate offset by favorable lithium and silicone costs [102] Question: Shareholder value and capital allocation - Debt reduction remains the top priority, with flexibility for other capital allocation options as leverage improves [103]
Energizer (ENR) - 2024 Q4 - Annual Report
2024-11-19 19:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-K _______________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 10 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-36837 ENERGIZER HOLDINGS, INC. (Exact n ...
Compared to Estimates, Energizer (ENR) Q4 Earnings: A Look at Key Metrics
ZACKS· 2024-11-19 15:30
Energizer Holdings (ENR) reported $805.7 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 0.7%. EPS of $1.22 for the same period compares to $1.20 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $809.32 million, representing a surprise of -0.45%. The company delivered an EPS surprise of +4.27%, with the consensus EPS estimate being $1.17.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...