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

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

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 (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.19. EnerSys had a return on equity of 20.78% and a net margin of 9.23%. The business had revenue of $974.80 million during the quarter, compared to analyst estimates of $973.45 million. During the same period in the previous year, the company earned $2.08 EPS. The firm's revenue was up 7.0% on a year-over-year basis.

Several other equities research analysts have also weighed in on ENS. Roth Capital restated a "buy" rating on shares of EnerSys in a report on Thursday, May 22nd. Roth Mkm restated a "buy" rating and issued a $120.00 target price on shares of EnerSys in a report on Wednesday, May 14th.

EnerSys Stock Performance

ENS traded down $0.31 on Thursday, hitting $83.66. The company had a trading volume of 485,596 shares, compared to its average volume of 298,114. The company's fifty day moving average price is $87.84 and its 200 day moving average price is $93.59. EnerSys has a 1-year low of $76.57 and a 1-year high of $112.53. The company has a debt-to-equity ratio of 0.69, a current ratio of 3.06 and a quick ratio of 2.00. The stock has a market cap of $3.28 billion, a price-to-earnings ratio of 10.35, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13.

Institutional Trading of EnerSys

A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. increased its position in shares of EnerSys by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 4,667,056 shares of the industrial products company's stock valued at $431,376,000 after purchasing an additional 90,670 shares during the period. Dimensional Fund Advisors LP increased its position in shares of EnerSys by 3.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,521,282 shares of the industrial products company's stock valued at $139,320,000 after purchasing an additional 43,615 shares during the period. Janus Henderson Group PLC increased its position in shares of EnerSys by 1.1% during the fourth quarter. Janus Henderson Group PLC now owns 1,322,767 shares of the industrial products company's stock valued at $122,262,000 after purchasing an additional 13,786 shares during the period. Deprince Race & Zollo Inc. increased its position in shares of EnerSys by 13.4% during the fourth quarter. Deprince Race & Zollo Inc. now owns 1,028,027 shares of the industrial products company's stock valued at $95,021,000 after purchasing an additional 121,758 shares during the period. Finally, Boston Partners grew its position in EnerSys by 47.1% in the fourth quarter. Boston Partners now owns 845,496 shares of the industrial products company's stock valued at $78,801,000 after acquiring an additional 270,726 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CFO Andrea J. Funk acquired 315 shares of the stock in a transaction dated Friday, May 23rd. The shares were acquired at an average cost of $80.20 per share, for a total transaction of $25,263.00. Following the completion of the transaction, the chief financial officer now owns 50,645 shares in the company, valued at approximately $4,061,729. This trade represents a 0.63% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.61% of the company's stock.

EnerSys Announces Dividend

The firm also recently declared 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 1.15%. 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.