Energizer Holdings Inc. (ENR): Today's Featured Consumer Goods Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Energizer Holdings ( ENR) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole was unchanged today. By the end of trading, Energizer Holdings fell $1.11 (-1.1%) to $95.32 on light volume. Throughout the day, 433,816 shares of Energizer Holdings exchanged hands as compared to its average daily volume of 588,900 shares. The stock ranged in price between $95.25-$96.51 after having opened the day at $96.51 as compared to the previous trading day's close of $96.43. Other companies within the Consumer Goods sector that declined today were: Ever-Glory International Group ( EVK), down 13.9%, Orient Paper ( ONP), down 10.3%, American Apparel ( APP), down 6.1% and Crumbs Bake Shop ( CRMB), down 5.1%.

Energizer Holdings, Inc. manufactures and sells 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 $6.0 billion and is part of the consumer non-durables industry. Shares are down 11.2% year to date as of the close of trading on Thursday. Currently there are 7 analysts that rate Energizer Holdings a buy, no analysts rate it a sell, and 3 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 largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Standard Register Company ( SR), up 10.4%, Nova Lifestyle ( NVFY), up 7.7%, Universal Electronics ( UEIC), up 7.4% and UniFirst Corporation ( UNF), up 7.4% , were all gainers within the consumer goods sector with PVH ( PVH) 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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