Energizer Holdings Inc (ENR) Stock AnalysisENRStock AnalysisEnergizer Holdings Inc

Energizer Holdings, Inc. is a manufacturer and distributor of primary batteries, portable lights, and auto care appearance, performance, refrigerant, and fragrance products. The Company's segments include Batteries & Lights, and Auto Care. The Company offers household batteries including primary, rechargeable, specialty and hearing aid using many technologies including lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide. It offers auto care products in the appearance, fragrance, performance, and air conditioning recharge product categories. Its portfolio of brands includes Energizer, Armor All, Eveready, Rayovac, STP, Varta, A/C Pro, Refresh Your Car!, California Scents, Driven, Bahama & Co., LEXOL, Eagle One, Nu Finish, Scratch Doctor, and Tuff Stuff. It distributes its products to consumers through numerous retail locations worldwide, including mass merchandisers and warehouse clubs, food, drug and convenience stores, e-commerce and military stores. It operates in the Industrials sector (MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SU industry).

Energizer Holdings Inc is currently priced at $22.27, which is close to the upper analyst price target of $22, indicating limited upside potential. The forward P/E ratio of 6.35 suggests it may be undervalued, but the recent earnings report showed a 12.79% earnings surprise to the downside, raising concerns about future performance. Additionally, the RSI is at 61.37, indicating it is nearing overbought territory, which could lead to a price correction. Given these factors, it may be prudent to hold rather than buy at this time.

10 analysts cover ENR: 6 rate it Buy, 4 Hold and 0 Sell. The average price target is 22.20.