Wall Street brokerages predict that EnerSys (NYSE:ENS) will post $1.13 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for EnerSys’ earnings, with the lowest EPS estimate coming in at $1.12 and the highest estimate coming in at $1.14. EnerSys reported earnings of $1.17 per share in the same quarter last year, which would indicate a negative year over year growth rate of 3.4%. The company is expected to announce its next earnings results on Wednesday, February 5th.
According to Zacks, analysts expect that EnerSys will report full year earnings of $5.07 per share for the current financial year, with EPS estimates ranging from $4.97 to $5.17. For the next year, analysts expect that the company will report earnings of $6.04 per share, with EPS estimates ranging from $5.70 to $6.38. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that that provide coverage for EnerSys.
EnerSys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.20 by $0.03. EnerSys had a return on equity of 16.96% and a net margin of 5.90%. The business had revenue of $762.10 million for the quarter, compared to the consensus estimate of $759.49 million. During the same quarter last year, the business posted $1.17 EPS. The business’s revenue was up 15.4% on a year-over-year basis.
A number of brokerages recently issued reports on ENS. Zacks Investment Research cut EnerSys from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a report on Wednesday, October 9th. TheStreet raised EnerSys from a “c+” rating to a “b-” rating in a research report on Thursday, November 7th. ValuEngine raised EnerSys from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Oppenheimer set a $78.00 target price on EnerSys and gave the company a “buy” rating in a report on Friday, August 9th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $78.44.
A number of large investors have recently bought and sold shares of ENS. Arizona State Retirement System raised its position in shares of EnerSys by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 31,105 shares of the industrial products company’s stock valued at $2,131,000 after acquiring an additional 193 shares during the last quarter. First Interstate Bank boosted its stake in shares of EnerSys by 7.0% during the 3rd quarter. First Interstate Bank now owns 3,002 shares of the industrial products company’s stock worth $198,000 after buying an additional 197 shares during the last quarter. Strs Ohio boosted its stake in shares of EnerSys by 5.4% during the 2nd quarter. Strs Ohio now owns 3,900 shares of the industrial products company’s stock worth $267,000 after buying an additional 200 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of EnerSys by 20.1% during the 3rd quarter. Parkside Financial Bank & Trust now owns 1,268 shares of the industrial products company’s stock worth $84,000 after buying an additional 212 shares during the last quarter. Finally, ETRADE Capital Management LLC lifted its stake in EnerSys by 2.3% in the 2nd quarter. ETRADE Capital Management LLC now owns 10,620 shares of the industrial products company’s stock valued at $727,000 after purchasing an additional 237 shares during the last quarter. 95.66% of the stock is currently owned by hedge funds and other institutional investors.
Shares of ENS stock traded down $1.16 during mid-day trading on Thursday, hitting $67.60. 197,230 shares of the stock traded hands, compared to its average volume of 322,819. EnerSys has a twelve month low of $53.56 and a twelve month high of $89.83. The firm has a market cap of $2.89 billion, a price-to-earnings ratio of 13.71, a price-to-earnings-growth ratio of 1.37 and a beta of 1.58. The company’s 50-day simple moving average is $66.21 and its 200-day simple moving average is $63.83. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.00 and a current ratio of 2.90.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a $0.175 dividend. This represents a $0.70 annualized dividend and a dividend yield of 1.04%. The ex-dividend date is Thursday, December 12th. EnerSys’s payout ratio is currently 14.20%.
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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