Enersys (NYSE:ENS) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Analysts maintain a positive outlook: Six brokerages give EnerSys a consensus “Moderate Buy” rating, with five buys and one hold. The average 12-month price target is $265, including a $280 target from BTIG Research.
• Quarterly results exceeded expectations: EnerSys reported adjusted EPS of $3.66 versus the $2.83 consensus, while revenue rose 4.8% year over year to $935.6 million. Operating profit and cash flow also improved significantly.
• Dividend increased amid strong institutional ownership: The company raised its quarterly dividend 10% to $0.2875 per share, while hedge funds and other institutions own approximately 94.93% of EnerSys stock.

Enersys (NYSE:ENS - Get Free Report) has received an average recommendation of "Moderate Buy" from the six brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $265.00.

Several equities research analysts have recently commented on the stock. Roth Capital restated a "buy" rating and issued a $265.00 price target on shares of Enersys in a report on Friday, May 22nd. BTIG Research reissued a "buy" rating and issued a $280.00 price target on shares of Enersys in a report on Thursday. Wall Street Zen lowered shares of Enersys from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 18th. Oppenheimer increased their price target on shares of Enersys from $210.00 to $250.00 and gave the stock an "outperform" rating in a report on Friday, May 22nd. Finally, Weiss Ratings downgraded Enersys from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday, June 26th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ENS. BlackRock Inc. purchased a new stake in Enersys in the 2nd quarter worth $1,221,455,000. Norges Bank purchased a new position in Enersys during the fourth quarter valued at $78,599,000. Paradigm Capital Management Inc. NY acquired a new stake in shares of Enersys in the second quarter valued at about $102,249,000. LSV Asset Management grew its position in shares of Enersys by 298.9% in the fourth quarter. LSV Asset Management now owns 562,293 shares of the industrial products company's stock valued at $82,516,000 after purchasing an additional 421,338 shares during the period. Finally, Millennium Management LLC increased its stake in shares of Enersys by 257.8% during the third quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company's stock worth $62,893,000 after purchasing an additional 401,167 shares in the last quarter. Hedge funds and other institutional investors own 94.93% of the company's stock.

More Enersys News

Here are the key news stories impacting Enersys this week:

• Positive Sentiment: Earnings beat expectations: EnerSys reported adjusted earnings of $3.66 per share, well above the $2.83 consensus estimate, while revenue rose 4.8% year over year to $935.6 million, exceeding expectations of approximately $928 million. Adjusted EPS increased sharply from $2.08 a year earlier. EnerSys Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Profitability and cash flow improved: Gross profit rose 23.7% to $313.4 million, operating profit climbed 75.1% to $151.4 million and operating cash flow reached $230.2 million. The results suggest stronger margins and operating execution, supporting the investment case.
• Positive Sentiment: Dividend raised: The board increased the quarterly dividend 10% to $0.2875 per share, payable October 2 to shareholders of record September 18. The increase signals management’s confidence in earnings and cash-flow generation. EnerSys Dividend Increase
• Positive Sentiment: Demand outlook remains encouraging: Management highlighted momentum in data centers, communications, aerospace and defense, along with progress on its U.S. lithium-cell facility strategy. These trends helped offset softer material-handling demand.
• Positive Sentiment: Analyst support: BTIG reaffirmed its Buy rating and set a $280 price target, implying substantial upside based on the referenced share price. Other recent targets cited include $250 from Oppenheimer.
• Neutral Sentiment: Second-quarter guidance: EnerSys forecast revenue of $955 million to $995 million and adjusted EPS of $3.15 to $3.25. Revenue guidance brackets the consensus estimate, but investors will monitor whether the expected sequential earnings decline reflects temporary factors or slower near-term momentum.

Enersys Trading Up 5.6%

ENS stock opened at $197.26 on Friday. The firm's 50-day moving average is $206.76 and its 200 day moving average is $197.20. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.66 and a quick ratio of 1.76. Enersys has a 12 month low of $97.03 and a 12 month high of $244.30. The company has a market capitalization of $7.19 billion, a PE ratio of 21.12, a P/E/G ratio of 1.03 and a beta of 1.19.

Enersys (NYSE:ENS - Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.83 by $0.83. The firm had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.29% and a net margin of 9.29%.During the same quarter in the previous year, the business earned $2.08 earnings per share. Enersys's quarterly revenue was up 4.8% on a year-over-year basis. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, research analysts anticipate that Enersys will post 12.1 EPS for the current year.

Enersys Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 2nd. Shareholders of record on Friday, September 18th will be issued a $0.2875 dividend. The ex-dividend date of this dividend is Friday, September 18th. This is a positive change from Enersys's previous quarterly dividend of $0.26. This represents a $1.15 dividend on an annualized basis and a yield of 0.6%. Enersys's dividend 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.

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