Enersys (NYSE:ENS) Upgraded to “Strong-Buy” at Wall Street Zen

Enersys (NYSE:ENS) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.

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

Enersys Stock Down 0.3%

ENS opened at $226.36 on Monday. Enersys has a 12 month low of $80.82 and a 12 month high of $244.30. The business has a 50-day moving average of $210.20 and a two-hundred day moving average of $178.15. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. The stock has a market capitalization of $8.27 billion, a price-to-earnings ratio of 29.36, a price-to-earnings-growth ratio of 1.25 and a beta of 1.17.

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

Hedge Funds Weigh In On Enersys

Hedge funds and other institutional investors have recently made changes to their positions in the business. PFG Investments LLC increased its position in Enersys by 4.2% in the 4th quarter. PFG Investments LLC now owns 1,939 shares of the industrial products company’s stock valued at $285,000 after acquiring an additional 78 shares during the period. Stifel Financial Corp increased its stake in Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after buying an additional 84 shares during the period. Kestra Advisory Services LLC increased its stake in Enersys by 4.9% during the 4th quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock valued at $295,000 after buying an additional 94 shares during the period. Merit Financial Group LLC raised its position in shares of Enersys by 3.8% during the 3rd quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock worth $301,000 after buying an additional 97 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of Enersys by 116.7% in the 4th 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 period. 94.93% of the stock is currently owned by institutional investors and hedge funds.

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.