Shares of EnerSys (NYSE:ENS – Get Free Report) have earned an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $118.00.
A number of research firms recently weighed in on ENS. Roth Capital upgraded shares of EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. StockNews.com downgraded EnerSys from a “strong-buy” rating to a “buy” rating in a report on Friday, August 30th. Finally, Roth Mkm assumed coverage on EnerSys in a report on Tuesday, August 27th. They issued a “buy” rating and a $120.00 price objective on the stock.
View Our Latest Report on EnerSys
Insider Activity at EnerSys
Hedge Funds Weigh In On EnerSys
A number of institutional investors and hedge funds have recently made changes to their positions in ENS. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in EnerSys during the second quarter worth $25,000. UMB Bank n.a. increased its position in EnerSys by 36.2% during the second quarter. UMB Bank n.a. now owns 354 shares of the industrial products company’s stock worth $37,000 after buying an additional 94 shares in the last quarter. Covestor Ltd raised its holdings in shares of EnerSys by 231.6% in the first quarter. Covestor Ltd now owns 378 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 264 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of EnerSys by 141.8% in the second quarter. GAMMA Investing LLC now owns 382 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 224 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in EnerSys during the 2nd quarter worth about $41,000. 94.93% of the stock is owned by institutional investors and hedge funds.
EnerSys Trading Down 0.4 %
Shares of NYSE ENS opened at $102.14 on Friday. The stock has a fifty day simple moving average of $100.68 and a 200-day simple moving average of $98.61. EnerSys has a twelve month low of $83.27 and a twelve month high of $112.53. The company has a current ratio of 2.70, a quick ratio of 1.66 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $4.11 billion, a PE ratio of 15.71, a PEG ratio of 0.60 and a beta of 1.24.
EnerSys (NYSE:ENS – Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.98 EPS for the quarter, beating the consensus estimate of $1.97 by $0.01. The business had revenue of $852.90 million during the quarter, compared to analyst estimates of $877.52 million. EnerSys had a net margin of 7.73% and a return on equity of 19.98%. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.89 earnings per share. On average, equities analysts forecast that EnerSys will post 8.94 earnings per share for the current year.
EnerSys Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, September 16th. This is a positive change from EnerSys’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.94%. EnerSys’s dividend payout ratio (DPR) is 14.77%.
EnerSys Company Profile
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
Featured Stories
- Five stocks we like better than EnerSys
- How to Most Effectively Use the MarketBeat Earnings Screener
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- MarketBeat Week in Review – 9/16 – 9/20
- Why is the Ex-Dividend Date Significant to Investors?
- Don’t Miss These 3 Retail Stocks for Fall Gains
Receive News & Ratings for EnerSys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnerSys and related companies with MarketBeat.com's FREE daily email newsletter.