Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Energizer Holdings Inc (NYSE: ENR) weakened in recent days. ENR’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Energizer Holdings Inc (NYSE: ENR) stock rose modestly by 0.5% on 1/12/24. The stock closed at $32.11. However, trading volume in this advance was below average at 71% of normal. The stock has performed in line with the market over the last nine months and has risen 4.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, ENR is expected to continue to be a major Value Builder.
Energizer Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Energizer Holdings has a neutral Appreciation Score of 49 and a slightly negative Power Rating of 36, with the Negative Value Trend Rating the result.
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