Energizer (NYSE:ENR) Surges 9.58% on 2Q Net Income Almost Doubles- ENR, PG, AVP, NUS, KMB, CL, EL

Energizer Holdings, Inc. (NYSE:ENR), which makes batteries, flashlights, and other consumer products, reported on Wednesday that its fiscal 2Q net income almost doubled on higher prices in its household products segment and improved personal care sales.
The St. Louis firm cautioned that 3Q earnings a share will probably be lesser than a year ago, mostly because of the timing of promotional spending over the previous six months of the fiscal year.

Energizer also believed it plans to start paying a dividend in its 4Q.

Turning towards the sector The Procter & Gamble Company (NYSE:PG) advanced +0.64%, Avon Products, Inc. (NYSE:AVP) rose +0.20%, Nu Skin Enterprises, Inc. (NYSE:NUS) fell -1.80%, Kimberly Clark Corp (NYSE:KMB) edged up +0.33%, Colgate-Palmolive Company (NYSE:CL) which increased +1.26% and Estee Lauder Companies Inc (NYSE:EL) moved up +0.92%.
Energizer Holdings, Inc. (NYSE:ENR) stock reports on May 02, 2012 increased +9.58% to the closing price of $77.58. Its fifty two week range was $62.98-$84.94. The total market capitalization remained $5.07 billion.

The overall volume in the last trading session was 2.43 million shares. In its share capital ENR has 65.95 million outstanding shares among them 65.15 million shares have been floated in market exchange. ENR stock institutional ownership remained 83.81% while insider ownership included 0.19%.

ENR is ahead its 52 week low with 23.18% and lagging behind from its 52 week high price with -8.66%. ENR last month stock price volatility remained 1.87%. The stock price of ENR is moving forward from its 20 days moving average with 8.08% and remote positively from 50 days moving average with 4.51%.

ENR current year earnings per share experienced an addition with -35.00% while its current quarter performance remained 1.12%. Company’s beta coefficient included 1.29. Beta factors measures the amount of market risk associated with market trade.

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