With 1.15 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.85 million shares. The 52-week range on ENR shows that it touched its highest point at $39.51 and its lowest point at $21.49 during that stretch. It currently has a 1-year price target of $29.00. With its current market cap of 1.61 billion, ENR has annualized dividend of $1.20 while the current yield stands at 5.39%. Beta for the stock currently stands at 0.67.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ENR was down-trending over the past week, with a drop of -4.51%, but this was down by -15.85% over a month. Three-month performance dropped to -25.08% while six-month performance fell -41.85%. The stock lost -21.74% in the past year, while it has lost -36.23% so far this year. A look at the trailing 12-month EPS for ENR yields 0.73 with Next year EPS estimates of 3.53. For the next quarter, that number is 0.63. This implies an EPS growth rate of 1.54% for this year and 4.64% for next year. EPS is expected to grow by 4.19% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.04%.
Float and Shares Shorts:
At present, 72.19 million ENR shares are outstanding with a float of 65.39 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ENR since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.30733 being high and $3.24286 being low. For ENR, this leads to a yearly average estimate of $3.26282. Based on analyst estimates, the high estimate for the next quarter is $1.47 and the low estimate is $1.27. The average estimate for the next quarter is thus $1.4.
