Energizer Holdings Inc. (ENR): Today's Featured Consumer Goods 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 Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 0.3%. By the end of trading, Energizer Holdings fell $1.14 (-1.1%) to $99.84 on average volume. Throughout the day, 473,224 shares of Energizer Holdings exchanged hands as compared to its average daily volume of 445,000 shares. The stock ranged in price between $99.62-$100.85 after having opened the day at $100.56 as compared to the previous trading day's close of $100.98. Other companies within the Consumer Goods sector that declined today were: Joe's Jeans ( JOEZ), down 6.9%, China New Borun Corporation ( BORN), down 6.7%, Ever-Glory International Group ( EVK), down 5.6% and Mercer International ( MERC), down 5.1%.
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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 $6.4 billion and is part of the consumer non-durables industry. The company has a P/E ratio of 16.2, below the S&P 500 P/E ratio of 17.7. Shares are up 26.3% year to date as of the close of trading on Monday. 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, impressive record of earnings per share growth, increase in net income, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, National Beverage Corporation ( FIZZ), down 9.8%, Sony Corporation ( SNE), down 9.2%, Global-Tech Advanced Innovations ( GAI), down 8.2% and Wausau Paper Corporation ( WPP), down 8.0% , were all gainers within the consumer goods sector with Under Armour ( UA) being today's featured consumer goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer goods sector could consider iShares Dow Jones US Cons Goods ( IYK) while those bearish on the consumer goods sector could consider ProShares Ultra Sht Consumer Goods ( SZK).

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