EnerSys Plans Quarterly Dividend of $0.13 (ENS)

EnerSys (NYSE:ENS) declared a quarterly dividend on Tuesday, May 28th, Analyst Ratings.Net reports. Shareholders of record on Friday, June 14th will be given a dividend of $0.125 per share on Friday, June 28th. This represents a $0.50 dividend on an annualized basis and a yield of 1.01%.

On the ratings front, analysts at Maxim Group raised their price target on shares of EnerSys from $46.00 to $55.00 in a research note to investors on Thursday, March 28th. They now have a “buy” rating on the stock.

EnerSys (NYSE: ENS) opened at 49.28 on Wednesday. EnerSys has a 52-week low of $31.01 and a 52-week high of $50.00. The stock’s 50-day moving average is currently $46.38. The company has a market cap of $2.356 billion and a price-to-earnings ratio of 13.71.

EnerSys (NYSE: ENS) last posted its quarterly earnings results on Tuesday, May 28th. The company reported $0.80 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.80. The company had revenue of $572.20 million for the quarter, compared to the consensus estimate of $572.00 million. Analysts expect that EnerSys will post $3.59 EPS for the current fiscal year.

EnerSys is a manufacturer, marketer and distributor of industrial batteries. It has two primary industrial battery product lines: reserve power products and motive power products.