EnerSys (ENS) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnerSys in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ENS shares.
View ENS analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12 month price targets for EnerSys' stock. Their ENS share price forecasts range from $117.00 to $137.00. On average, they anticipate the company's stock price to reach $126.33 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts price targets for ENS or view top-rated stocks among Wall Street analysts.

EnerSys' stock was trading at $73.84 at the beginning of the year. Since then, ENS stock has increased by 28.2% and is now trading at $94.69.
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EnerSys saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,020,000 shares, an increase of 14.8% from the August 31st total of 888,700 shares. Based on an average daily volume of 277,100 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.5% of the shares of the stock are sold short.
View EnerSys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ENS earnings forecast.

EnerSys (NYSE:ENS) released its earnings results on Wednesday, August, 9th. The industrial products company reported $1.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.09. The industrial products company earned $908.60 million during the quarter, compared to the consensus estimate of $968.70 million. EnerSys had a trailing twelve-month return on equity of 16.17% and a net margin of 5.69%. The firm's revenue was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.15 EPS.

EnerSys announced a quarterly dividend on Wednesday, August 9th. Stockholders of record on Friday, September 15th will be given a dividend of $0.225 per share on Friday, September 29th. This represents a $0.90 annualized dividend and a dividend yield of 0.95%. The ex-dividend date is Thursday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for ENS.

ETFs with the largest weight of EnerSys (NYSE:ENS) stock in their portfolio include SoFi Smart Energy ETF (SHFT), SoFi Smart Energy ETF (ENRG), Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), Global X Lithium & Battery Tech ETF (LIT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), WisdomTree Battery Value Chain and Innovation Fund (WBAT) and Strategy Shares Halt Climate Change ETF (NZRO).

EnerSys (NYSE:ENS) pays an annual dividend of $0.90 per share and currently has a dividend yield of 0.95%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENS will have a dividend payout ratio of 9.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ENS.

EnerSys issued an update on its second quarter 2024 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $1.77-$1.87 for the period, compared to the consensus EPS estimate of $1.80. The company issued revenue guidance of -.

60 employees have rated EnerSys Chief Executive Officer David M. Shaffer on Glassdoor.com. David M. Shaffer has an approval rating of 38% among the company's employees. This puts David M. Shaffer in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other EnerSys investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Intel (INTC), Cisco Systems (CSCO), QUALCOMM (QCOM), Alibaba Group (BABA), Micron Technology (MU), Verizon Communications (VZ) and AbbVie (ABBV).

EnerSys trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENS."

Shares of ENS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENS stock can currently be purchased for approximately $94.69.

EnerSys (NYSE:ENS) has a market capitalization of $3.89 billion and generates $3.71 billion in revenue each year. The industrial products company earns $175.81 million in net income (profit) each year or $5.11 on an earnings per share basis.

The company employs 11,350 workers across the globe.

EnerSys' mailing address is 2366 BERNVILLE ROAD, READING PA, 19605. The official website for the company is www.enersys.com. The industrial products company can be reached via phone at (610) 208-1991, via email at investorrelations@enersys.com, or via fax at 610-372-8457.