Energizer Holdings Inc. (ENR): Today's Featured Consumer Non-Durables Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Energizer Holdings ( ENR) pushed the Consumer Non-Durables industry lower today making it today's featured Consumer Non-Durables laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Energizer Holdings fell $1.08 (-1.5%) to $69.64 on heavy volume. Throughout the day, 1.1 million shares of Energizer Holdings exchanged hands as compared to its average daily volume of 708,700 shares. The stock ranged in price between $68.38-$70.74 after having opened the day at $70.64 as compared to the previous trading day's close of $70.72. Other companies within the Consumer Non-Durables industry that declined today were: Tufco Technologies ( TFCO), down 13.8%, Fuwei Films Company ( FFHL), down 8%, Forward Industries ( FORD), down 5.7%, and Xerium Technologies ( XRM), down 4.7%.
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Energizer Holdings, Inc. engages in the manufacture and sale of primary batteries, portable lighting, and personal care products worldwide. It offers household and specialty batteries, including carbon zinc, alkaline, rechargeable, and lithium batteries. Energizer Holdings has a market cap of $4.52 billion and is part of the consumer goods sector. The company has a P/E ratio of 13.8, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 8.7% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Energizer Holdings a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Energizer Holdings as a buy. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, good cash flow from operations, growth in earnings per share, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the positive front, Cereplast ( CERP), up 13.4%, STR Holdings ( STRI), up 9.5%, Fibria Celulose ( FBR), up 7.6%, and Verso Paper ( VRS), up 7.6%, were all gainers within the consumer non-durables industry with Procter & Gamble ( PG) being today's featured consumer non-durables industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer non-durables industry could consider Consumer Staples Select Sector SPDR ( XLP) while those bearish on the consumer non-durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

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