EnerSys (ENS) Stock Forecast, Price & News

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

1 brokers have issued twelve-month price objectives for EnerSys' shares. Their ENS share price forecasts range from $85.00 to $110.00. On average, they expect the company's stock price to reach $97.50 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for ENS or view top-rated stocks among Wall Street analysts.

EnerSys' stock was trading at $73.84 at the start of the year. Since then, ENS stock has increased by 33.3% and is now trading at $98.44.
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EnerSys saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 807,500 shares, a decline of 10.0% from the April 30th total of 897,000 shares. Based on an average daily volume of 181,600 shares, the days-to-cover ratio is presently 4.4 days. Approximately 2.0% of the company's shares are sold short.
View EnerSys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our ENS earnings forecast.

EnerSys (NYSE:ENS) issued its earnings results on Thursday, May, 25th. The industrial products company reported $1.82 EPS for the quarter, beating analysts' consensus estimates of $1.38 by $0.44. The industrial products company earned $990 million during the quarter, compared to analysts' expectations of $953.05 million. EnerSys had a net margin of 4.74% and a trailing twelve-month return on equity of 14.75%. EnerSys's quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.20 earnings per share.

EnerSys announced a quarterly dividend on Wednesday, May 24th. Shareholders of record on Friday, June 16th will be given a dividend of $0.175 per share on Friday, June 30th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date is Thursday, June 15th.
Read our dividend analysis for ENS.

ETFs with the largest weight of EnerSys (NYSE:ENS) stock in their portfolio include WisdomTree Battery Value Chain and Innovation Fund (WBAT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Global X Lithium & Battery Tech ETF (LIT), Global X Autonomous & Electric Vehicles ETF (DRIV), Strategy Shares Halt Climate Change ETF (NZRO), Amplify Lithium& Battery Technology ETF (BATT), VanEck Low Carbon Energy ETF (SMOG) and WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS).

EnerSys (NYSE:ENS) pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.71%. The dividend payout ratio is 16.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENS will have a dividend payout ratio of 8.55% 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 first quarter earnings guidance on Wednesday, May, 24th. The company provided earnings per share (EPS) guidance of $1.77-$1.87 for the period, compared to the consensus earnings per share estimate of $1.37.

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."

EnerSys' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.85%), Dimensional Fund Advisors LP (4.09%), State Street Corp (3.46%), Scopia Capital Management LP (2.40%), Principal Financial Group Inc. (2.27%) and Van Lanschot Kempen Investment Management N.V. (2.20%). Insiders that own company stock include Andrew M Zogby, Andrew M Zogby, David M Shaffer and Shawn M O'connell.
View institutional ownership trends.

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 $98.44.

EnerSys (NYSE:ENS) has a market capitalization of $4.03 billion and generates $3.71 billion in revenue each year. The industrial products company earns $143.91 million in net income (profit) each year or $4.26 on an earnings per share basis.

The company employs 11,400 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.