Here’s What You Should Know About These Five Trending Stocks

Energizer Holdings Inc (NYSE:ENR) posted adjusted earnings of $0.30 per share on revenue of $334 million for the fiscal second quarter, which compares with analysts’ estimates of $0.21 and $314.26 million, respectively. The company also raised its full fiscal 2016 outlook and said it currently expects adjusted EPS of $2.15 to $2.25 and adjusted EBITDA in the range of $280 million to $300 million. On the back of a positive earnings report and strong outlook, Energizer Holdings Inc (NYSE:ENR)’s stock has advanced by 4% so far today. Overall, 21 funds from our database were long Energizer Holdings at the end of 2015, down by two over the quarter, these investors having amassed 11.40% of the company’s stock.

Avis Budget Group Inc. (NASDAQ:CAR) reported first-quarter net loss of $0.28 per share, missing the consensus estimate of a loss of $0.07 per share, while the revenue of $1.90 billion was better than the expected top-line of $1.88 billion. The company also updated its full-year guidance, which includes revenue growth in the range of 3% to 5% to between $8.75 billion and $8.9 billion, adjusted diluted EPS of 2.70 to $3.30 and free cash flow between $450 million and $500 million. At the end of 2015, Richard McGuire‘s Marcato Capital Management held 5.72 million shares of Avis Budget Group Inc. (NASDAQ:CAR) and was among 33 funds we track that held around 55.70% of the company’s outstanding stock.

Last but not least, Etsy Inc (NASDAQ:ETSY)‘s stock has surged over 8% as the company posted a surprise first-quarter profit of $0.01 per share, versus an expected loss of $0.03, while the revenue of $81.8 million, beat the estimates of $75.2 million. The company posted its first profit since it went public last year. However, Etsy Inc (NASDAQ:ETSY)’s gross merchandise sales growth stood at 18% on the year to $629.9 million in the first quarter, down from 21% a quarter earlier. Even though it was mostly overlooked by the investors from our database, the number of funds bullish on Etsy Inc (NASDAQ:ETSY) surged by 10 to 13 during the fourth quarter of 2015. Tiger Global Management held 8.60 million shares of Etsy heading into 2016, as revealed in its last 13F filing.

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