Enersys (NYSE:ENS) Stock Has Consensus Price Target of $265.00 According to Analysts

Key Points

• Analysts remain bullish on EnerSys: Six firms rate the stock Buy or Strong Buy, with a consensus 12-month price target of $265 compared with its reported opening price of $195.90.
• Recent earnings exceeded expectations: EnerSys reported quarterly EPS of $3.66 versus the $2.83 consensus estimate, while revenue rose 4.8% year over year to $935.64 million.
• The company increased its dividend: The quarterly payout rose from $0.2625 to $0.2875 per share, equal to an annualized dividend of $1.15 and a 0.6% yield.

Shares of Enersys (NYSE:ENS - Get Free Report) have been given an average recommendation of "Buy" by the six ratings firms that are presently covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $265.00.

A number of research firms have weighed in on ENS. Wall Street Zen upgraded Enersys from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 15th. Zacks Research upgraded Enersys from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 18th. Weiss Ratings restated a "buy (b-)" rating on shares of Enersys in a research report on Tuesday, September 22nd. BTIG Research reaffirmed a "buy" rating and issued a $280.00 target price on shares of Enersys in a research note on Thursday, August 13th. Finally, Oppenheimer reissued an "outperform" rating on shares of Enersys in a research note on Friday, August 14th.

Enersys Stock Up 3.3%

Shares of NYSE ENS opened at $195.90 on Friday. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The business has a 50-day moving average of $185.16 and a 200-day moving average of $199.99. The firm has a market capitalization of $7.06 billion, a price-to-earnings ratio of 20.97, a PEG ratio of 0.94 and a beta of 1.18. Enersys has a 12 month low of $108.88 and a 12 month high of $244.30.

Enersys (NYSE:ENS - Get Free Report) last announced its earnings results 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 business had revenue of $935.64 million during 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 for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts expect that Enersys will post 13.41 earnings per share for the current fiscal year.

Enersys Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 18th were issued a dividend of $0.2875 per share. The ex-dividend date of this dividend was Friday, September 18th. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. This is an increase from Enersys's previous quarterly dividend of $0.2625. Enersys's payout ratio is 12.31%.

Institutional Trading of Enersys

Several hedge funds have recently added to or reduced their stakes in the business. State of Michigan Retirement System lifted its position in Enersys by 1.1% in the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company's stock valued at $1,541,000 after purchasing an additional 100 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Enersys by 9.1% in the second quarter. Integrated Wealth Concepts LLC now owns 1,319 shares of the industrial products company's stock worth $309,000 after purchasing an additional 110 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of Enersys by 32.5% in the first quarter. Parallel Advisors LLC now owns 501 shares of the industrial products company's stock worth $87,000 after purchasing an additional 123 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its stake in shares of Enersys by 52.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 380 shares of the industrial products company's stock worth $56,000 after buying an additional 130 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in Enersys during the 2nd quarter valued at $34,000. 94.93% of the stock is owned by institutional investors.

Enersys Company Profile

EnerSys NYSE: ENS is a global provider of stored energy solutions and power-management systems. The company designs, manufactures and distributes industrial batteries, energy storage systems, chargers, power-conversion equipment and related services for applications that require reliable backup or motive power.

Its product portfolio includes lead-acid and lithium-ion batteries, battery chargers and monitoring systems, as well as specialty solutions for telecommunications, data centers, utilities, transportation, material handling, aerospace and defense.

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