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 1.2%. By the end of trading, Energizer Holdings fell $1.07 (-1.1%) to $99.22 on average volume. Throughout the day, 402,967 shares of Energizer Holdings exchanged hands as compared to its average daily volume of 464,600 shares. The stock ranged in price between $99.17-$100.98 after having opened the day at $100.60 as compared to the previous trading day's close of $100.29. Other companies within the Consumer Non-Durables industry that declined today were: Summer Infant ( SUMR), down 6.9%, Forward Industries ( FORD), down 5.5%, Mannatech ( MTEX), down 4.0% and UFP Technologies ( UFPT), down 3.5%.
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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 $5.9 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.1, below the S&P 500 P/E ratio of 17.7. Shares are up 25.4% year to date as of the close of trading on Thursday. Currently there are 8 analysts that rate Energizer Holdings a buy, no analysts rate it a sell, and 4 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 solid stock price performance, attractive valuation levels, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Resolute Forest Products ( RFP), down 7.3%, Revlon ( REV), down 5.7%, Verso Paper ( VRS), down 5.2% and China Shengda Packaging Group ( CPGI), down 4.2% , were all gainers within the consumer non-durables industry with Ecolab ( ECL) 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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