Yahoo Finance Why Energizer Holdings (ENR) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Different than value or momentum investors, growth-oriented investors are concerned with a stock's future prospects, and the overall financial health and strength of a company. Thus, they'll want to focus on the Growth Style Score, which analyzes characteristics like projected and historical earnings, sales, and cash flow to find stocks that will see sustainable growth over time.
Energizer Holdings (ENR)
Headquartered in St. Louis, MO, Energizer Holdings Inc. is one of the world’s leading manufacturers and distributors of batteries and lighting products. The company is a major designer and marketer of automotive fragrance, appearance and air conditioning recharge products.
ENR boasts a Growth Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Its bottom-line is projected to rise 2.3% year-over-year for 2023, while Wall Street anticipates its top line to improve by 0.8%.
Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2023. The Zacks Consensus Estimate has increased $0.03 to $3.15 per share. ENR boasts an average earnings surprise of 7.7%.
On a historic basis, Energizer Holdings has generated cash flow growth of 30.1%, and is expected to report cash flow expansion of 136.6% this year.
Investors should take the time to consider ENR for their portfolios due to its solid Zacks Rank rating, notable growth metrics, and impressive Growth and VGM Style Scores.
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Energizer Holdings, Inc. (ENR) : Free Stock Analysis Report
