William Blair Forecasts EnerSys' FY2027 Earnings (NYSE:ENS)

EnerSys (NYSE:ENS - Free Report) - William Blair boosted their FY2027 earnings per share (EPS) estimates for EnerSys in a report issued on Tuesday, May 27th. William Blair analyst B. Drab now expects that the industrial products company will post earnings per share of $10.83 for the year, up from their prior estimate of $10.17. The consensus estimate for EnerSys' current full-year earnings is $9.99 per share.

Several other equities research analysts have also recently issued reports on the company. Roth Capital reissued a "buy" rating on shares of EnerSys in a research note on Thursday, May 22nd. Roth Mkm reiterated a "buy" rating and issued a $120.00 target price on shares of EnerSys in a report on Wednesday, May 14th.

EnerSys Trading Down 1.7%

NYSE:ENS traded down $1.40 on Thursday, hitting $82.23. The stock had a trading volume of 206,947 shares, compared to its average volume of 297,946. The company has a fifty day moving average price of $87.84 and a two-hundred day moving average price of $93.53. EnerSys has a 1-year low of $76.57 and a 1-year high of $112.53. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 10.18, a PEG ratio of 0.57 and a beta of 1.13.

EnerSys (NYSE:ENS - Get Free Report) last announced its quarterly earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The firm had revenue of $974.80 million for the quarter, compared to analysts' expectations of $973.45 million. During the same quarter in the previous year, the company posted $2.08 EPS. The company's revenue was up 7.0% compared to the same quarter last year.

Institutional Investors Weigh In On EnerSys

Hedge funds have recently added to or reduced their stakes in the business. Barclays PLC increased its position in shares of EnerSys by 87.2% during the third quarter. Barclays PLC now owns 184,110 shares of the industrial products company's stock worth $18,788,000 after acquiring an additional 85,742 shares during the period. Janney Montgomery Scott LLC increased its holdings in EnerSys by 12.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 17,502 shares of the industrial products company's stock worth $1,618,000 after purchasing an additional 1,876 shares during the period. KBC Group NV raised its position in EnerSys by 64.0% in the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company's stock valued at $172,000 after purchasing an additional 727 shares in the last quarter. R Squared Ltd purchased a new position in shares of EnerSys in the 4th quarter valued at about $47,000. Finally, Trust Point Inc. grew its position in shares of EnerSys by 10.3% during the fourth quarter. Trust Point Inc. now owns 7,526 shares of the industrial products company's stock worth $696,000 after buying an additional 702 shares in the last quarter. 94.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at EnerSys

In other EnerSys news, CFO Andrea J. Funk acquired 315 shares of the stock in a transaction dated Friday, May 23rd. The stock was acquired at an average price of $80.20 per share, with a total value of $25,263.00. Following the completion of the purchase, the chief financial officer now owns 50,645 shares in the company, valued at $4,061,729. This trade represents a 0.63% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.61% of the stock is currently owned by corporate insiders.

EnerSys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 27th. Shareholders of record on Friday, June 13th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, June 13th. EnerSys's dividend payout ratio is currently 10.65%.

About EnerSys

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.