Reading ENR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ENR free→Reading ENR? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ENR free→NYSEConsumer StaplesElectrical Equipment & PartsSnapshot 2026-06-12
Recent financial performance sits below its industry cohort — worth keeping an eye on, though it has not freshly broken.
Recent financial performance is neutral, and earnings quality is fragile, reported profits aren't backed by cash. Management's recent track record has been steady, but risk is elevated, and the sector backdrop is a headwind. Compared with sector peers, ENR trades above typical levels. Peer multiples imply a price about 48% above where it trades (it looks cheap on this basis); the read is cheap, value-trap risk, as it trades below peer multiples while recent financials are weak or earnings quality is fragile. The analysis is provisional.
Daily closes. Earnings/event dots are placed inline.
A consensus fair price across 7 valuation methods, at three horizons. Current price $20.25. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
No-growth: today's peer multiple on trailing earnings. The headline read.
Embeds projected growth. Leans optimistic by design. Upside context.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $20 ENR trades at 6× p/e, below its 17× p/e peer median. Our $39 fair value sits above the price; low confidence. Analysts: $18–$20. Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
The price implies about 49% below a flat-multiple fair value, below our forecast of about 2%. This describes what's priced in, not a forecast of the move.
Only weak execution quality — not the full expensive x weak x turbulent stack.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Consumer Staples names rated neutral grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=1526).
Over the trailing year it converted 1.18x of net income into operating cash flow. Historically, Consumer Staples names rated fragile grew net income 51% of the time over the next year (vs 57% for the rest of the cohort, n=1037).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
EPS estimate $0.94 → $0.83 (-11.7% / 30d). 0 raised, 5 cut, 6 covering analysts.
0 upgrades, 0 downgrades / 30d. 17% of analysts rate Buy.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Met or beat guidance 100% of the last 1 guided quarters · 108.9% avg surprise
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
On a typical day, $10k can swing ±$162.
How much price usually moves either way.
On a bad day, this stock has moved -$417.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,461.
Deepest peak-to-trough drop in the last year.
Past results, not a forecast. Not investment advice.
The most important moves since the prior daily snapshot.
No material changes since the prior snapshot.
as of 2026-06-12
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Why it matters: Earnings reports show financial health and progress on management goals.
Confirms one read:Earnings per share reported above the guided range of $0.75 to $0.85.
Confirms the other:Earnings per share reported below the guided range of $0.75 to $0.85.
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for ENR yet.
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
Executive Vice President, North America and Global Business Units — Michael A. Lampman: Mr. Lampman is departing from his executive role with a successor named.
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Long-thesis check; widest uncertainty.
$18.00 – $20.00 (median $19.00) · 3 analysts · as of 2026-05-07
Looks cheaper than most peers in the same business.
Cheaper than its own typical valuation.
Trailing four: 2020-Q2, 2020-Q3, 2022-Q2, 2022-Q3
A side-by-side read on sector standing, valuation, and risk versus Household Products.
| Stock | Sector standing | Valuation | Risk |
|---|---|---|---|
ENR Energizer | Above typical Show detailsSector percentile: 74 of 100 | inexpensive | elevated |
CL Colgate-Palmolive | Typical Show detailsSector percentile: 62 of 100 | full | moderate |
KMB Kimberly-Clark | Above typical Show detailsSector percentile: 91 of 100 | fair | moderate |
CHD Church & Dwight | Typical Show detailsSector percentile: 35 of 100 | expensive | low |
CLX Clorox | Typical Show detailsSector percentile: 69 of 100 | fair | moderate |
1 material management or governance event in the past 24 months, led by executive changes. Historically, Consumer Staples names rated stable grew net income 53% of the time over the next year (vs 47% for the rest of the cohort, n=379).
Not investment advice. As of 2026-06-12.
via XLP
Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive. Historically, headwind regimes have averaged stronger forward returns than tailwind.
Context label only: describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.
Not investment advice. As of 2026-06-12.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Focus on restoring growth and rebuilding margins impacted by tariffs.
Aim to return the business to its long-term historical cash flow profile.
Aim to deliver Adjusted Earnings per share at the high end of the previously provided range.
Management has raised the earnings outlook for 2026, projecting EPS between $3.30 and $3.60.
Management aims for free cash flow to exceed 10% of net sales for fiscal year 2026.
Why it matters: A drop in organic sales shows ongoing problems in growing again. It shows issues with consumer demand.
Confirms:Organic net sales decline of 4% to 5% for the second fiscal quarter.
Disproves:Organic net sales stabilize or grow in Q2.
Why it matters: Changes in leadership can affect plans and actions. Stability is key for recovery.
Confirms one read:Announcement of a strong successor with a clear plan for the company.
Confirms the other:More delays in naming a successor or bad news about the transition.
Why it matters: Organic sales growth is key to restoring growth and improving margins. It shows if the company is recovering.
Confirms:Q3 organic net sales growth reported above 1% year over year.
Disproves:Q3 organic net sales decline or remain flat year over year.
Why it matters: Better gross margins mean good cost management and pricing. This is important for making more money.
Confirms:Gross margin recovery to at least 40% in Q2.
Disproves:Gross margin falls below 40% in Q2.
Why it matters: Changes in leadership can disrupt strategy. This may affect growth and stability.
Confirms:A new leader is named and is doing well with plans.
Disproves:There are problems or bad effects from the leader change.
Results of Operations and Financial Condition. On May 5, 2026, Energizer Holdings, Inc. (the “Company”) issued a press release announcing business results for the second fiscal quarter ended March 31, 2026 and providing an updated outlook for fiscal 2026. The press release is furnished as Exhibit 99.1 and incorporated herein by reference.