Brokerages Set Enersys (NYSE:ENS) PT at $180.25

Shares of Enersys (NYSE:ENS) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $180.25.

ENS has been the topic of a number of research analyst reports. BTIG Research lifted their target price on Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, February 5th. TD Cowen started coverage on Enersys in a report on Thursday, March 19th. They issued a “buy” rating and a $190.00 target price on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Roth Mkm restated a “buy” rating and set a $208.00 price objective (up from $164.00) on shares of Enersys in a research note on Tuesday, February 3rd. Finally, Wall Street Zen cut Enersys from a “buy” rating to a “hold” rating in a research note on Saturday.

Enersys Price Performance

ENS stock opened at $232.71 on Wednesday. Enersys has a 52-week low of $76.60 and a 52-week high of $238.37. The stock’s fifty day simple moving average is $186.13 and its 200-day simple moving average is $165.09. The company has a quick ratio of 1.72, a current ratio of 2.75 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $8.58 billion, a price-to-earnings ratio of 28.84, a price-to-earnings-growth ratio of 1.32 and a beta of 1.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ENS. Root Financial Partners LLC acquired a new position in shares of Enersys during the third quarter worth about $25,000. CIBC Private Wealth Group LLC lifted its stake in shares of Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 98 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after purchasing an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in shares of Enersys during the fourth quarter worth about $30,000. Finally, SBI Securities Co. Ltd. lifted 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 worth $31,000 after purchasing an additional 151 shares in the last quarter. Institutional investors and hedge funds 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.