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It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Is This 1 Momentum Stock a Screaming Buy Right Now?
For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.
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 is a Zacks Rank #3 (Hold) stock, with a Momentum Style Score of B and VGM Score of A. Shares are up 0.5% over the past one week and up 19.3% over the past four weeks. ENR has gained 24.1% in the last one-year period as well. Looking at trading volume, an average of 663,887.69 shares exchanged hands over the last 20 trading days.
Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. Two analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.03 to $3.57 per share. ENR boasts an average earnings surprise of 8.3%.
ENR should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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Energizer Holdings, Inc. (ENR) : Free Stock Analysis Report