Enersys (NYSE:ENS) Receives Consensus Rating of "Buy" from Brokerages

Shares of Enersys (NYSE:ENS - Get Free Report) have earned a consensus recommendation of "Buy" from the six research firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $265.00.

A number of research firms have recently issued reports on ENS. Roth Capital reissued a "buy" rating and issued a $265.00 price target on shares of Enersys in a research note on Friday, May 22nd. Weiss Ratings downgraded shares of Enersys from a "buy (b)" rating to a "buy (b-)" rating in a report on Friday, June 26th. TD Cowen boosted their target price on Enersys from $220.00 to $265.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Wall Street Zen upgraded Enersys from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 15th. Finally, Zacks Research upgraded Enersys from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 18th.

Institutional Trading of Enersys

Institutional investors and hedge funds have recently bought and sold shares of the business. CIBC Private Wealth Group LLC grew its holdings 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 purchasing an additional 98 shares in the last quarter. Allworth Financial LP grew its stake in shares of Enersys by 442.2% in the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company's stock worth $28,000 after acquiring an additional 199 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in shares of Enersys in the fourth quarter valued at $30,000. SBI Securities Co. Ltd. grew 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 purchasing an additional 151 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in Enersys in the 2nd quarter valued at about $34,000. 94.93% of the stock is currently owned by hedge funds and other institutional investors.

Enersys Stock Performance

NYSE ENS opened at $182.08 on Tuesday. The stock has a market cap of $6.57 billion, a PE ratio of 19.49, a P/E/G ratio of 0.90 and a beta of 1.21. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. Enersys has a twelve month low of $102.40 and a twelve month high of $244.30. The stock has a fifty day simple moving average of $194.44 and a 200-day simple moving average of $198.49.

Enersys (NYSE:ENS - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. The firm had revenue of $935.64 million for the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. Enersys's revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Equities analysts anticipate that Enersys will post 13.41 earnings per share for the current year.

Enersys Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Investors of record on Friday, September 18th will be issued a dividend of $0.2875 per share. This is a positive change from Enersys's previous quarterly dividend of $0.26. The ex-dividend date is Friday, September 18th. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. Enersys's dividend payout ratio (DPR) is 11.24%.

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.

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