Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Energizer Holdings Inc (NYSE: ENR) weakened during the last several trading 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
On 4/8/24, Energizer Holdings Inc (NYSE: ENR) stock increased 1.8%, closing at $28.36. However, below average trading volume at 75% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months and has declined -3.7% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Energizer Holdings has a neutral Appreciation Score of 58 but a poor Power Rating of 27, leading to the Negative Value Trend Rating.
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