Enersys (NYSE:ENS) Lowered to Buy Rating by 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 report issued on Saturday.

Several other brokerages have also recently commented on ENS. Oppenheimer increased their target price on shares of Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Roth Capital reiterated a “buy” rating and issued a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. TD Cowen upped their target price on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Weiss Ratings cut shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Finally, BTIG Research raised their price objective on Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Enersys currently has an average rating of “Moderate Buy” and an average price target of $265.00.

Enersys Stock Up 0.6%

Shares of Enersys stock opened at $196.55 on Friday. The business’s 50 day simple moving average is $222.77 and its 200 day simple moving average is $192.96. Enersys has a 52-week low of $88.32 and a 52-week high of $244.30. The firm has a market cap of $7.17 billion, a PE ratio of 25.49, a P/E/G ratio of 1.08 and a beta of 1.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66.

Enersys (NYSE:ENS) last released its earnings results 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 firm had revenue of $987.94 million for 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%.The business’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.97 EPS. Enersys has set its Q1 2027 guidance at 2.700-2.900 EPS. On average, analysts predict that Enersys will post 12.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enersys

Hedge funds and other institutional investors have recently made changes to their positions in the business. CIBC Private Wealth Group LLC raised its position in shares of Enersys by 116.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after buying an additional 98 shares in the last quarter. Allworth Financial LP grew its position in Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after buying an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Enersys during the fourth quarter worth approximately $30,000. SBI Securities Co. Ltd. increased its stake in Enersys by 239.7% during the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 151 shares during the period. Finally, Leonteq Securities AG acquired a new position in Enersys in the 4th quarter valued at $37,000. 94.93% of the stock is currently owned by institutional investors and hedge funds.

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.