EnerSys Inc. Declares Quarterly Dividend of $0.13 (ENS)
EnerSys (NYSE:ENS) announced a quarterly dividend on Thursday, October 31st, Stock Ratings Network reports. Shareholders of record on Friday, December 13th will be paid a dividend of $0.125 per share on Friday, December 27th. This represents a $0.50 annualized dividend and a dividend yield of 0.75%.
A number of analysts have recently weighed in on ENS shares. Analysts at Jefferies Group raised their price target on shares of EnerSys from $62.00 to $64.00 in a research note to investors on Thursday, September 19th. They now have a “buy” rating on the stock. Finally, analysts at Ardour Capital upgraded shares of EnerSys 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.
Shares of EnerSys (NYSE:ENS) traded down 0.67% on Thursday, hitting $66.35. 222,188 shares of the company’s stock traded hands. EnerSys has a 1-year low of $31.07 and a 1-year high of $67.43. The stock’s 50-day moving average is $61.56 and its 200-day moving average is $53.00. The company has a market cap of $3.159 billion and a price-to-earnings ratio of 20.24.
EnerSys (NYSE:ENS) last released its earnings data on Wednesday, August 7th. The company reported $0.83 earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that EnerSys will post $3.65 earnings per share 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.