EnerSys Inc. Sets New 1-Year High at $73.44 (ENS)
EnerSys (NYSE:ENS)’s share price reached a new 52-week high during trading hours on Thursday, AR Network reports. The company traded as high as $73.44 and last traded at $72.35, with a volume of 1,350,090 shares traded. The stock had previously closed at $66.40.
Several analysts have recently commented on the stock. Analysts at Maxim Group raised their price target on shares of EnerSys from $80.00 to $85.00 in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of EnerSys from $75.00 to $78.00 in a research note to investors on Monday, January 27th. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of EnerSys from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $73.90 price target on the stock.
EnerSys has a 52-week low of $39.39 and a 52-week high of $72.44. The stock’s 50-day moving average is $69. and its 200-day moving average is $62.80. The company has a market cap of $3.441 billion and a price-to-earnings ratio of 20.42.
EnerSys (NYSE:ENS) last issued its quarterly earnings data on Thursday, February 6th. The company reported $1.07 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.03 by $0.04. The company had revenue of $643.10 million for the quarter, compared to the consensus estimate of $623.41 million. During the same quarter in the prior year, the company posted $0.88 earnings per share. The company’s quarterly revenue was up 15.4% on a year-over-year basis. Analysts expect that EnerSys will post $3.79 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 28th. Shareholders of record on Friday, March 14th will be given a dividend of 0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Wednesday, March 12th.
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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