Enersys (NYSE:ENS) Rating Lowered to Buy at Wall Street Zen

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

ENS has been the subject of a number of other reports. Oppenheimer boosted their target price on shares of Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. TD Cowen increased their price target on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. BTIG Research lifted their price objective on Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Roth Mkm reissued a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a research note on Friday, April 24th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $265.00.

Enersys Stock Performance

ENS opened at $227.72 on Friday. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. Enersys has a 12-month low of $80.82 and a 12-month high of $244.30. The firm has a 50 day moving average of $220.37 and a two-hundred day moving average of $183.96. The firm has a market capitalization of $8.32 billion, a PE ratio of 29.54, a P/E/G ratio of 1.26 and a beta of 1.17.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, beating the consensus estimate of $3.00 by $0.19. The business had revenue of $987.94 million for the quarter, compared to the consensus estimate of $973.84 million. Enersys had a net margin of 7.83% and a return on equity of 21.39%. The business’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, analysts anticipate that Enersys will post 12.1 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Pacer Advisors Inc. raised its position in shares of Enersys by 18.6% in the first quarter. Pacer Advisors Inc. now owns 11,618 shares of the industrial products company’s stock worth $2,018,000 after acquiring an additional 1,823 shares during the period. Parallel Advisors LLC grew its position in shares of Enersys by 32.5% during the 1st quarter. Parallel Advisors LLC now owns 501 shares of the industrial products company’s stock valued at $87,000 after acquiring an additional 123 shares during the period. NewEdge Advisors LLC purchased a new position in shares of Enersys in the 1st quarter valued at about $1,011,000. Optiver Holding B.V. increased its stake in shares of Enersys by 138.2% in the 1st quarter. Optiver Holding B.V. now owns 493 shares of the industrial products company’s stock valued at $86,000 after purchasing an additional 286 shares in the last quarter. Finally, Caerus Investment Advisors LLC acquired a new position in Enersys in the 1st quarter worth about $222,000. Hedge funds and other 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.