Enersys (NYSE:ENS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Enersys (NYSE:ENS) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $265.00.

ENS has been the subject of several analyst reports. Oppenheimer raised their price objective on Enersys from $210.00 to $250.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Wall Street Zen lowered Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, June 20th. BTIG Research increased their price target on Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Roth Mkm reaffirmed a “buy” rating and set a $265.00 price target on shares of Enersys in a research report on Friday, May 22nd. Finally, TD Cowen upped their price objective on Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. United Services Automobile Association acquired a new stake in Enersys in the 1st quarter valued at about $240,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Enersys by 9.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,770 shares of the industrial products company’s stock valued at $10,419,000 after buying an additional 9,737 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Enersys during the 2nd quarter worth approximately $4,623,000. EverSource Wealth Advisors LLC increased its holdings in shares of Enersys by 626.3% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 552 shares of the industrial products company’s stock worth $47,000 after acquiring an additional 476 shares during the last quarter. Finally, Cerity Partners LLC acquired a new position in shares of Enersys during the 2nd quarter worth approximately $460,000. Institutional investors own 94.93% of the company’s stock.

Enersys Trading Down 2.2%

NYSE:ENS opened at $218.62 on Thursday. The company has a market cap of $7.98 billion, a P/E ratio of 28.36, a price-to-earnings-growth ratio of 1.23 and a beta of 1.17. Enersys has a twelve month low of $83.78 and a twelve month high of $244.30. The business has a 50 day moving average price of $222.38 and a two-hundred day moving average price of $185.93. The company has a quick ratio of 1.76, a current ratio of 2.66 and a debt-to-equity ratio of 0.57.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, May 20th. The industrial products company reported $3.19 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $973.84 million. During the same quarter 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, analysts expect that Enersys will post 12.1 EPS for the current fiscal year.

Enersys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 2nd. Investors of record on Friday, June 19th will be issued a dividend of $0.2625 per share. This represents a $1.05 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 18th. Enersys’s payout ratio is presently 13.62%.

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.