Wall Street Zen Downgrades Enersys (NYSE:ENS) to Buy

Enersys (NYSE:ENS) was downgraded by equities researchers at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report released on Sunday.

Several other equities research analysts have also recently weighed in on ENS. BTIG Research increased their target price on Enersys from $185.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, May 21st. TD Cowen increased their price objective on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Roth Mkm reiterated a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Enersys in a report on Friday, April 24th. Finally, Oppenheimer increased their price objective on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $257.50.

Enersys Trading Up 0.0%

Shares of ENS stock opened at $228.35 on Friday. The stock has a market capitalization of $8.34 billion, a PE ratio of 29.62, a P/E/G ratio of 1.26 and a beta of 1.17. Enersys has a 1-year low of $80.82 and a 1-year high of $244.30. The business has a 50-day moving average of $203.99 and a 200 day moving average of $174.47. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76.

Enersys (NYSE:ENS) last issued its earnings results on Wednesday, May 20th. The industrial products company reported $3.19 earnings per share for the quarter, beating the consensus estimate of $3.00 by $0.19. The company had revenue of $987.94 million during the quarter, compared to analysts’ expectations of $973.84 million. Enersys had a return on equity of 21.39% and a net margin of 7.83%.Enersys’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. As a group, sell-side analysts anticipate that Enersys will post 12.07 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AXQ Capital LP bought a new position in Enersys during the 3rd quarter valued at approximately $657,000. First Trust Advisors LP increased its position in Enersys by 9.4% during the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after buying an additional 82,944 shares in the last quarter. New South Capital Management Inc. increased its position in Enersys by 22.6% during the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after buying an additional 158,267 shares in the last quarter. QRG Capital Management Inc. increased its position in Enersys by 454.5% during the 4th quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock valued at $1,513,000 after buying an additional 8,449 shares in the last quarter. Finally, Segall Bryant & Hamill LLC increased its position in Enersys by 2.0% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 483,494 shares of the industrial products company’s stock valued at $54,615,000 after buying an additional 9,313 shares in the last quarter. Institutional investors own 94.93% of the company’s stock.

About Enersys

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.