Sell-side equity analysts are typically working super hard to create realistic target prices for stocks that they cover. After a recent market scan, we can see that Energizer Holdings, Inc. (NYSE:ENR) has a current average target price of 65.83. These analysts may have different ways that they arrive at a target price. Because target prices are estimates where analysts feel that the stock may be heading, there are obviously no guarantees that the stock price will actually end up there. Investors have the ability to track analyst targets, and they may decide that a specific analyst is right or wrong. Some investors may choose to do their own analysis and see how it compares to what the professionals are thinking. Investors may also have the ability to study the numbers and look at how accurate certain analysts have been with projections in the past. If a specific analyst has a good track record, investors may choose to pay more attention to the target. Because analysts use various methods for creating these estimates, there may be a very wide range of estimates given for a particular stock.
Even though the stock market has been cranking along and touching record highs, there are bound to be some rough patches in the near future. Some investors may actually welcome a pullback in order to scoop up some stocks at a relative discount. Investors who are on top of things are most likely ready to spring when the next big buying opportunity pops up. Being prepared for a buying opportunity can make the process much easier when the time comes. As investors look ahead to the next round of company earnings reports, the focus may gravitate to those companies that have positioned themselves for sustained future growth. Many investors will be closely monitoring which companies outperform by the largest margin after earnings results are released.
Following recent trading activity on shares of Energizer Holdings, Inc. (NYSE:ENR), we can see that the stock has been hovering near the 62.05 price level. Shareholders might be asking themselves whether now is a good time to buy or sell the stock. Over the previous 12 weeks, the stock has moved 7.92%. Looking back over the last month, shares have moved 5.04%. Over the previous week, the stock has changed 1.05%. Investors may also be watching the current price in relation to the 52-week highs/lows. After a recent scan, we note that the 52-week high is presently 63.6, and the 52-week low is 41.14.
Investors have the ability to follow Wall Street analyst views when conducting stock research. Sell-side analysts often put in a lot of time trying to evaluate the inner workings of a company. They may dig through the financials, conduct interviews, and pay keen attention to conference calls in order to compile data for the research report. Many analysts will offer buy, sell, or hold recommendations for stocks they cover. Checking on shares of Energizer Holdings, Inc. (NYSE:ENR), we see that the current average broker rating is 2. This average rating falls on a scale from 1 to 5 where a 1 would indicate a Strong Buy. On the flip side, a 5 rating would signify a Strong Sell. Based on data provided by Zacks, there are currently 3 polled analysts rating the stock a Strong Buy or Buy. Investors often have to decide whether they are in agreement with how the analysts perceive the future prospects of a specific stock.
Investors may be sizing up shares of Energizer Holdings, Inc. (NYSE:ENR). After a recent check, we see that the current quarter EPS consensus estimate provided by Zacks is standing at 0.82. This EPS estimate is comprised of 4 sell-side analysts polled by Zacks. For the last reporting period, the company posted a quarterly EPS of 0.45. Analysts and investors will be closely studying the next round of company earnings reports. Consistent success on the earnings front may point to the company moving in the right direction. On the flip side, a company that has strung together a few bad quarters may ring the warning bells for interested investors.
Making the tough buy or sell portfolio decisions is a typical challenge that most investors will eventually face. Trying to separate fact from emotion when making these decisions can be hard. It may be very difficult to part ways with a previously prized stock. Investors may have a checklist that includes certain criteria for portfolio evaluation purposes. When certain stocks no longer meet the guidelines, they may need to be cut loose. This is often easier said than done, especially when a stock has provided a large boost to the portfolio in the past. Investors who are able to successfully keep emotional attachment out of the stock picking process may give themselves a leg up compared to those who are not.
