Enersys (NYSE:ENS) Upgraded at Wall Street Zen

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

Other equities analysts have also recently issued research reports about the company. Weiss Ratings cut Enersys from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 26th. Oppenheimer raised their price target on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. TD Cowen lifted their price objective on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. BTIG Research lifted their price objective on shares of Enersys from $250.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. Finally, Roth Mkm reiterated a “buy” rating and set a $265.00 price objective on shares of Enersys in a research report on Friday, May 22nd. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $265.00.

Enersys Stock Down 0.0%

Shares of NYSE:ENS opened at $206.64 on Friday. The company has a market cap of $7.55 billion, a price-to-earnings ratio of 26.80, a PEG ratio of 1.14 and a beta of 1.17. Enersys has a 12 month low of $85.56 and a 12 month high of $244.30. The company has a current ratio of 2.66, a quick ratio of 1.76 and a debt-to-equity ratio of 0.57. The company has a 50-day moving average price of $225.42 and a 200 day moving average price of $189.16.

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

Institutional Investors Weigh In On Enersys

Several hedge funds and other institutional investors have recently modified their holdings of ENS. First Trust Advisors LP boosted its holdings 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 acquiring an additional 82,944 shares during the period. QRG Capital Management Inc. lifted its position in shares of Enersys by 454.5% during the fourth quarter. QRG Capital Management Inc. now owns 10,308 shares of the industrial products company’s stock worth $1,513,000 after purchasing an additional 8,449 shares during the last quarter. M&T Bank Corp bought a new stake in shares of Enersys during the fourth quarter worth $11,963,000. CWA Asset Management Group LLC purchased a new stake in shares of Enersys during the fourth quarter valued at $1,700,000. Finally, Nkcfo LLC purchased a new stake in shares of Enersys during the fourth quarter valued at $986,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

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.