EnerSys (ENS) Scheduled to Post Earnings on Wednesday

EnerSys (NYSE:ENS) is scheduled to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect EnerSys to post earnings of $2.07 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

EnerSys (NYSE:ENS) last released its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.01. The business had revenue of $852.90 million for the quarter, compared to analysts’ expectations of $877.52 million. EnerSys had a net margin of 7.73% and a return on equity of 19.98%. The company’s revenue was down 6.1% compared to the same quarter last year. During the same period last year, the business earned $1.89 EPS. On average, analysts expect EnerSys to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

EnerSys Trading Up 0.6 %

NYSE ENS opened at $97.40 on Monday. EnerSys has a 52 week low of $83.27 and a 52 week high of $112.53. The company has a 50 day moving average price of $99.92 and a 200 day moving average price of $100.46. The company has a quick ratio of 1.66, a current ratio of 2.70 and a debt-to-equity ratio of 0.48. The firm has a market cap of $3.92 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 0.60 and a beta of 1.24.

EnerSys Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a dividend of $0.24 per share. The ex-dividend date of this dividend was Monday, September 16th. This is an increase from EnerSys’s previous quarterly dividend of $0.23. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.99%. EnerSys’s dividend payout ratio is presently 14.52%.

Insider Buying and Selling

In other EnerSys news, CEO David M. Shaffer sold 2,400 shares of the business’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $100.00, for a total transaction of $240,000.00. Following the sale, the chief executive officer now owns 244,140 shares in the company, valued at approximately $24,414,000. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other EnerSys news, insider Chad C. Uplinger sold 500 shares of EnerSys stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $100.87, for a total transaction of $50,435.00. Following the completion of the sale, the insider now directly owns 17,175 shares in the company, valued at approximately $1,732,442.25. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO David M. Shaffer sold 2,400 shares of the company’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $100.00, for a total transaction of $240,000.00. Following the completion of the sale, the chief executive officer now directly owns 244,140 shares in the company, valued at $24,414,000. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,700 shares of company stock worth $2,271,843 in the last 90 days. Insiders own 1.61% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ENS. Roth Mkm restated a “buy” rating and set a $120.00 target price on shares of EnerSys in a research note on Monday, September 23rd. Roth Capital upgraded EnerSys to a “strong-buy” rating in a research note on Tuesday, August 27th. Finally, StockNews.com cut shares of EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $118.00.

About EnerSys

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.