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Energizer Holdings, Inc. (ENR): A Bear Case Theory

We came across a bearish thesis on Energizer Holdings, Inc. (ENR) on Stock Picker's Journey’s Substack by Gregg Jahnke. In this article we will summarize the bears’ thesis on ENR. Energizer Holdings, Inc. (ENR) share was trading at $29.29 as of Sept 19th.

[caption id="attachment_1206782" align="aligncenter" width="768"] A close-up of a battery cell being assembled with intricate precision.[/caption]

ENR does not present itself as a compelling value stock for investment. Despite its low valuation, with the stock trading at 10x earnings and low market expectations (3 buy ratings...