EnerSys Inc. Sets New 1-Year High at $55.85 (ENS)
EnerSys (NYSE:ENS) set a new 52-week high during mid-day trading on Monday, American Banking & Market News reports. The stock traded as high as $55.85 and last traded at $55.15, with a volume of 108,848 shares. The stock had previously closed at $54.77.
ENS has been the subject of a number of recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of EnerSys (NYSE:ENS) in a research note to investors on Monday, August 12th. They now have a $62.00 price target on the stock, up previously from $58.00. Separately, analysts at Ardour Capital upgraded shares of EnerSys (NYSE:ENS) from a “reduce” rating to an “accumulate” rating in a research note to investors on Friday, August 9th. They now have a $63.00 price target on the stock, up previously from $44.00. Finally, analysts at Maxim Group reiterated a “buy” rating on shares of EnerSys (NYSE:ENS) in a research note to investors on Thursday, August 8th. They now have a $60.00 price target on the stock.
EnerSys has a 1-year low of $31.07 and a 1-year high of $55.76. The stock has a 50-day moving average of $52.9 and a 200-day moving average of $48.64. The company has a market cap of $2.627 billion and a price-to-earnings ratio of 16.59.
EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.81 by $0.02. The company had revenue of $597.30 million for the quarter, compared to the consensus estimate of $592.38 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up .6% on a year-over-year basis. Analysts expect that EnerSys will post $3.61 EPS for the current fiscal year.
EnerSys, is a manufacturer, marketer and distributor of industrial batteries. It manufactures , market and distributes related products, such as chargers, power equipment and battery accessories, and it provides related after-market and customer-support services for industrial batteries.
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