Energizer Holdings is rated a buy, trading at 5.94x forward earnings versus its 5-year average of 9.20x. I expect ENR to re-rate as the market stops pricing in permanent impairment, supported by raised FY26 guidance and a clear path to low-40s gross margin by Q4. My probability-weighted target is $27 (+34%), with limited downside near $19.80, as trough multiples are already priced in.
Energizer (ENR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Energizer (ENR) reported earnings 30 days ago. What's next for the stock?
| Electrical Equipment Industry | Industrials Sector | Mark S. LaVigne CEO | XHAN Exchange | DE000ENER6Y0 ISIN |
| US Country | 6,050 Employees | 20 May 2026 Last Dividend | - Last Split | 27 Mar 2000 IPO Date |
Energizer Holdings, Inc., a prominent entity in the global market, primarily focuses on the manufacture, marketing, and distribution of a wide range of battery and lighting products. Alongside its subsidiaries, Energizer operates on a worldwide scale, providing solutions that cater to a variety of energy needs. The company's product portfolio spans across various categories, including household batteries, specialty batteries, and lighting products, leveraging well-established brands such as Energizer, Eveready, and Rayovac. Originating in 2015 with headquarters in Saint Louis, Missouri, Energizer Holdings, Inc. has expanded its reach to encompass a vast distribution network, serving customers through direct sales, distributors, wholesalers, and multiple retail channels covering sectors from mass merchandisers to e-commerce platforms.
These offerings are made available through an extensive distribution network that leverages direct sales forces, distributors, and wholesalers. The company successfully utilizes various retail and business-to-business channels to reach a wide customer base, including mass merchandisers, club stores, electronics shops, food outlets, home improvement centers, dollar stores, auto stores, drug stores, hardware stores, online marketplaces, convenience stores, sporting goods stores, hobby/craft shops, office supply stores, industrial suppliers, medical outlets, and catalogs.