Enersys (NYSE:ENS) Cut to Buy at Wall Street Zen

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

Several other brokerages have also issued reports on ENS. Weiss Ratings lowered shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, June 26th. BTIG Research lifted their price target on Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Roth Capital reiterated a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. Oppenheimer increased their price objective on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Finally, TD Cowen boosted their target price on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.00.

Enersys Stock Down 2.1%

ENS stock opened at $192.43 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The company’s 50 day moving average is $221.89 and its 200 day moving average is $193.58. The stock has a market cap of $7.02 billion, a price-to-earnings ratio of 24.96, a price-to-earnings-growth ratio of 1.08 and a beta of 1.17. Enersys has a 1-year low of $88.38 and a 1-year high of $244.30.

Enersys (NYSE:ENS) last announced its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.19. The business had revenue of $987.94 million during the quarter, compared to analyst estimates of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. Enersys’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the business posted $2.97 earnings per share. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. Sell-side analysts predict that Enersys will post 12.1 EPS for the current fiscal year.

Enersys Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were given a dividend of $0.2625 per share. This represents a $1.05 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, June 18th. Enersys’s dividend payout ratio is presently 13.62%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ENS. CIBC Private Wealth Group LLC boosted its holdings in Enersys by 116.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares during the period. Allworth Financial LP lifted its position in Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock valued at $28,000 after purchasing an additional 199 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Enersys in the fourth quarter valued at approximately $30,000. SBI Securities Co. Ltd. boosted its stake in shares of Enersys by 239.7% during the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the period. Finally, Leonteq Securities AG purchased a new stake in shares of Enersys during the fourth quarter valued at approximately $37,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.

Enersys Company Profile

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.