Energizer Holdings (ENR) AI Stock Analysis

• Market Cap: $1.81B
• Dividend Yield: 4.53%
• Average Volume (3M): 873.08K
• Price to Earnings (P/E): 7.5
• Beta (1Y): 0.63
• Revenue Growth: 1.15%
• EPS Growth: 2358.45%
• Country: US
• Employees: 5,600
• Sector: Industrials
• Sector Strength: 72
• Industry: Electrical Equipment & Parts
• EPS (TTM): 1.13
• Shares Outstanding: 68,268,530
• 10 Day Avg. Volume: 1,043,661
• 30 Day Avg. Volume: 873,077
• PEG Ratio: -0.82
• Price to Book (P/B): 16.79
• Price to Sales (P/S): 0.79
• P/FCF Ratio: 6.87
• Enterprise Value/Market Cap: 2.63
• Enterprise Value/Revenue: 1.62
• Enterprise Value/Gross Profit: 3.84
• Enterprise Value/Ebitda: 7.88
• 1Y Price Target: $31.13
• Price Target Upside: 17.56% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 73 Outperform
• Price Target: $31.00 ▲(17.07% Upside)

Energizer Holdings' strong valuation and positive earnings call sentiment are significant strengths, contributing to a favorable outlook. While technical indicators show positive momentum, financial performance is tempered by high leverage and declining cash flow growth, which present risks.

Positive Factors

Strategic Acquisitions

The acquisition expands manufacturing capabilities and enhances revenue potential, supporting long-term growth and market competitiveness.

Production Credits

These credits improve gross margin and cash flow, providing financial stability and supporting investment in growth initiatives.

Revenue Growth

Sustained revenue growth indicates successful strategic initiatives and market demand, enhancing long-term financial performance.

Negative Factors

High Leverage

Excessive leverage can strain financial resources, limiting flexibility and increasing risk during economic downturns.

Declining Free Cash Flow

Negative free cash flow growth challenges the company's ability to fund operations and investments, impacting future growth potential.

Consumer Caution

Cautious consumer behavior can hinder consistent sales growth, affecting revenue stability and market share over time.

Energizer Holdings Business Overview & Revenue Model

Company Description

Energizer Holdings, Inc. (ENR) is a leading consumer goods company specializing in the manufacture and distribution of batteries and personal care products. The company operates primarily in two sectors: Battery and Personal Care. Energizer is known for its iconic brands, including Energizer® batteries, Eveready®, and a range of personal care products such as Schick® razors and Playtex® feminine care products. With a commitment to innovation and sustainability, Energizer focuses on providing reliable power solutions and personal care items to consumers around the globe.

How the Company Makes Money

Energizer Holdings generates revenue primarily through the sale of batteries and personal care products. The company's key revenue streams include retail sales of disposable batteries, rechargeable batteries, and battery chargers, which are sold through various channels including mass merchandisers, drug stores, and convenience stores. Additionally, Energizer earns revenue from its personal care products, which include shaving, grooming, and feminine hygiene items. Significant partnerships with major retailers enhance their distribution reach, while ongoing product innovation and marketing strategies support brand loyalty and consumer demand. The company also benefits from economies of scale in manufacturing and distribution, which help to optimize costs and margins.

Energizer Holdings Financial Statement Overview

Summary

Energizer Holdings demonstrates strong profitability with improving margins and revenue growth. However, high leverage and declining free cash flow growth present financial risks. While operational efficiency is evident, the balance sheet's heavy reliance on debt and moderate cash flow metrics suggest caution. Overall, the company shows potential for growth but must address leverage and cash flow sustainability.

Income Statement

Energizer Holdings shows a strong gross profit margin of 42.22% TTM, indicating efficient cost management. The net profit margin improved significantly to 8.60% TTM, reflecting enhanced profitability. Revenue growth is positive at 8.24% TTM, reversing previous declines. EBIT and EBITDA margins are healthy at 15.28% and 20.59% TTM, respectively, showcasing operational efficiency. However, historical volatility in revenue growth and margins suggests potential risks.

Balance Sheet

The company has a high debt-to-equity ratio of 18.92 TTM, indicating significant leverage and potential financial risk. Return on equity improved to 1.70% TTM, but remains low, suggesting limited returns for shareholders. The equity ratio is weak, reflecting a heavy reliance on debt financing. While there is some improvement in equity and ROE, the high leverage poses a risk to financial stability.

Cash Flow

Operating cash flow to net income ratio is 0.28 TTM, indicating moderate cash generation relative to net income. Free cash flow to net income ratio is 0.62 TTM, showing decent cash flow conversion. However, free cash flow growth is negative at -10.94% TTM, highlighting challenges in sustaining cash flow growth. Despite some strengths in cash conversion, declining free cash flow growth is a concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.93B	2.89B	2.96B	3.05B	3.02B	2.74B
Gross Profit	1.24B	1.10B	1.12B	1.12B	1.16B	1.08B
EBITDA	602.30M	330.00M	493.10M	-28.00M	427.80M	370.30M
Net Income	251.70M	38.10M	140.50M	-231.50M	160.90M	46.80M
Balance Sheet
Total Assets	4.52B	4.34B	4.51B	4.57B	5.01B	5.73B
Cash, Cash Equivalents and Short-Term Investments	171.10M	216.90M	223.30M	205.30M	238.90M	459.80M
Total Debt	3.47B	3.31B	3.45B	3.62B	3.57B	4.28B
Total Liabilities	4.33B	4.21B	4.30B	4.44B	4.65B	5.42B
Stockholders Equity	183.20M	135.80M	210.70M	130.60M	355.70M	309.10M
Cash Flow
Free Cash Flow	158.00M	331.70M	338.40M	-91.50M	114.80M	311.10M
Operating Cash Flow	254.50M	429.60M	395.20M	1.00M	179.70M	376.40M
Investing Cash Flow	-106.90M	-114.00M	-56.10M	-90.90M	-126.40M	216.90M
Financing Cash Flow	-126.20M	-300.30M	-309.40M	79.10M	-1.07B	393.10M

Energizer Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 26.48
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENR, the sentiment is Negative. The current price of 26.48 is below the 20-day moving average (MA) of 28.43, below the 50-day MA of 26.92, and below the 200-day MA of 27.61, indicating a bearish trend. The MACD of 0.14 indicates Positive momentum. The RSI at 39.56 is Neutral, neither overbought nor oversold. The STOCH value of 6.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ENR.

Energizer Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ENS	80 Outperform	4.11B	12.59	18.85%	0.90%	3.73%	32.29%
ENR	73 Outperform	$1.81B	7.53	164.19%	4.53%	1.15%	2358.45%
ATKR	67 Neutral	2.05B	19.49	7.67%	2.13%	-12.09%	-78.18%
AMPX	64 Neutral	1.39B	-26.99	-49.59%	―	209.20%	4.24%
MVST	54 Neutral	1.29B	-8.77	-38.32%	―	20.84%	24.84%
ENVX	50 Neutral	2.03B	-12.28	―	―	60.04%	52.49%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Energizer Holdings Corporate Events

Energizer Holdings Refinances Debt for Financial Flexibility

On March 19, 2025, Energizer Holdings announced the successful refinancing and extension of its $760 million Term Loan and $500 million Revolving Credit Facility. This move extends the maturity dates of these facilities, strengthens the company’s debt capital structure, and provides enhanced financial flexibility. The new Term Loan matures in 2032, while the Revolving Credit Facility matures in 2030, both bearing interest rates tied to the Secured Overnight Financing Rate (SOFR). This refinancing is seen as a testament to Energizer’s strong operating performance and commitment to debt reduction, offering benefits to stakeholders by maintaining a cost-efficient and flexible debt structure.