Enersys (NYSE:ENS) Coverage Initiated at TD Cowen

Stock analysts at TD Cowen started coverage on shares of Enersys (NYSE:ENS) in a research report issued to clients and investors on Thursday, Marketbeat reports. The firm set a “buy” rating and a $190.00 price target on the industrial products company’s stock. TD Cowen’s target price points to a potential upside of 14.99% from the company’s current price.

Several other equities research analysts have also issued reports on ENS. BTIG Research increased their price objective on shares of Enersys from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Roth Mkm restated a “buy” rating and set a $208.00 target price (up from $164.00) on shares of Enersys in a report on Tuesday, February 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, Zacks Research cut Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $180.25.

Enersys Stock Performance

NYSE ENS opened at $165.23 on Thursday. The company has a debt-to-equity ratio of 0.61, a current ratio of 2.75 and a quick ratio of 1.72. Enersys has a 1-year low of $76.57 and a 1-year high of $194.77. The firm has a market capitalization of $6.09 billion, a P/E ratio of 20.47, a P/E/G ratio of 1.09 and a beta of 1.11. The business’s 50-day simple moving average is $170.76 and its 200-day simple moving average is $143.87.

Enersys (NYSE:ENS) last posted its earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.04. Enersys had a net margin of 8.37% and a return on equity of 21.27%. The firm had revenue of $919.13 million during the quarter, compared to the consensus estimate of $932.13 million. During the same quarter in the prior year, the company earned $3.12 EPS. The company’s revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Equities analysts predict that Enersys will post 9.99 EPS for the current year.

Institutional Investors Weigh In On Enersys

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new position in Enersys in the 3rd quarter valued at about $25,000. CIBC Private Wealth Group LLC increased its position 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 acquiring an additional 98 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Enersys in the fourth quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. boosted its holdings in Enersys by 239.7% in the fourth quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the last quarter. Hedge funds and other institutional investors 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.