Truist Financial analyst Bill Chappell maintains $Energizer Holdings (ENR.US)$ with a buy rating, and adjusts the target price from $40 to $45.
According to TipRanks data, the analyst has a success rate of 53.1% and a total average return of 4.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Energizer Holdings (ENR.US)$'s main analysts recently are as follows:
Energizer recorded a modest Q4 EPS increase, fueled by margins and elements below the profit line. They projected FY25 metrics that align with consensus expectations, regarded as positive in a challenging staples environment.
While Energizer is considered to be fundamentally on solid footing, its shares seem to be fully valued. The company reported a positive fiscal Q4 and projected an outlook for fiscal 2025 that surpasses consensus expectations, including continued margin expansion, reduction in debt, and a return to organic sales growth. Despite these positives, the current valuation suggests limited future upside for the stock.
Energizer is anticipated to demonstrate a more stable sales and earnings trajectory moving forward. The company's 'accelerated momentum' in sales is attributed to volume growth, aided by gaining additional shelf space. This improvement has been partially influenced by recent storm events and by channeling some of the 'Project Momentum' savings into advertising and promotions, which further stimulates volume increases.
Note:
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