Enersys (NYSE:ENS) Issues Earnings Results

Enersys (NYSE:ENS – Get Free Report) announced its quarterly earnings data on Wednesday. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.19 by $0.03, Zacks reports. The business had revenue of $949.90 million during the quarter, compared to analyst estimates of $968.76 million. Enersys had a net margin of 9.86% and a return on equity of 24.98%. The company’s revenue was down .1% on a year-over-year basis. During the same period last year, the firm posted $2.56 EPS. Enersys updated its Q3 2027 guidance to 3.050-3.150 EPS.

Enersys Stock Up 0.1%

Shares of ENS opened at $147.73 on Friday. The stock has a market capitalization of $5.33 billion, a price-to-earnings ratio of 14.83, a price-to-earnings-growth ratio of 0.73 and a beta of 1.21. Enersys has a 1 year low of $131.01 and a 1 year high of $244.30. The business’s 50 day simple moving average is $172.71 and its 200-day simple moving average is $190.58. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83.

Enersys Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Shareholders of record on Friday, December 18th will be paid a $0.2875 dividend. The ex-dividend date of this dividend is Friday, December 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.8%. Enersys’s payout ratio is presently 12.31%.

Latest Enersys News

Investors following ENS have been watching these news items:

  • Positive Sentiment: Data-center and defense demand, along with the Ultralife deal, are viewed as potential growth and market-share drivers. A report also pointed to tax credits and defense demand supporting margins. EnerSys growth drivers
  • Positive Sentiment: The company declared a quarterly dividend of $0.2875 per share, payable December 31, 2026. Dividend announcement
  • Negative Sentiment: Q2 revenue of $949.9 million missed analysts’ $968.8 million estimate and was slightly lower year over year. Q3 guidance was broadly in line for EPS ($3.05–$3.15 versus $3.10 expected), but the $935–$975 million revenue range includes outcomes below the $963.8 million consensus. Q2 earnings report

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Zacks Research downgraded shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 13th. BTIG Research cut their target price on shares of Enersys from $280.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday. Weiss Ratings downgraded shares of Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $257.50.

Check Out Our Latest Stock Report on Enersys

About Enersys

(Get Free Report)

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.

Read More

Earnings History for Enersys (NYSE:ENS)

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.