Enersys (NYSE:ENS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Enersys (NYSE:ENSFree Report) from a buy rating to a strong-buy rating in a research report report published on Saturday morning.

Several other research analysts also recently commented on the company. Roth Capital reissued a “buy” rating and issued a $120.00 price objective on shares of Enersys in a research note on Tuesday, August 5th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research report on Friday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research note on Thursday, October 30th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $126.00.

Read Our Latest Research Report on ENS

Enersys Trading Up 2.4%

Shares of Enersys stock opened at $135.10 on Friday. The company has a current ratio of 3.00, a quick ratio of 1.91 and a debt-to-equity ratio of 0.68. Enersys has a twelve month low of $76.57 and a twelve month high of $140.98. The firm has a market capitalization of $4.99 billion, a PE ratio of 15.42, a P/E/G ratio of 0.71 and a beta of 1.13. The firm’s 50-day moving average price is $115.40 and its 200 day moving average price is $99.61.

Enersys (NYSE:ENSGet Free Report) last announced its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.20. The business had revenue of $951.30 million during the quarter, compared to analysts’ expectations of $890.27 million. Enersys had a return on equity of 21.99% and a net margin of 9.60%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.12 earnings per share. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. On average, sell-side analysts predict that Enersys will post 9.99 EPS for the current fiscal year.

Enersys Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, December 12th will be issued a $0.2625 dividend. The ex-dividend date is Friday, December 12th. This represents a $1.05 dividend on an annualized basis and a yield of 0.8%. Enersys’s dividend payout ratio is currently 12.28%.

Institutional Investors Weigh In On Enersys

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Optiver Holding B.V. purchased a new position in shares of Enersys during the 3rd quarter worth $47,000. AXQ Capital LP acquired a new position in Enersys in the third quarter valued at about $657,000. EverSource Wealth Advisors LLC boosted its stake in Enersys by 27.7% during the third quarter. EverSource Wealth Advisors LLC now owns 705 shares of the industrial products company’s stock worth $80,000 after buying an additional 153 shares during the period. Hillsdale Investment Management Inc. boosted its stake in Enersys by 10.2% during the third quarter. Hillsdale Investment Management Inc. now owns 62,870 shares of the industrial products company’s stock worth $7,102,000 after buying an additional 5,800 shares during the period. Finally, Jupiter Asset Management Ltd. increased its position in shares of Enersys by 3,002.9% during the third quarter. Jupiter Asset Management Ltd. now owns 130,912 shares of the industrial products company’s stock valued at $14,788,000 after acquiring an additional 126,693 shares during the last quarter. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Enersys Company Profile

(Get Free Report)

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.

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