EnerSys - ENS Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnerSys in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ENS shares.
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2 brokerages have issued 12-month target prices for EnerSys' shares. Their ENS share price forecasts range from $80.00 to $85.00. On average, they predict the company's stock price to reach $82.50 in the next twelve months. This suggests a possible upside of 1.2% 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 2023. Since then, ENS shares have increased by 10.4% and is now trading at $81.50.
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EnerSys saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 906,300 shares, a drop of 6.2% from the February 13th total of 966,100 shares. Based on an average daily volume of 192,500 shares, the days-to-cover ratio is presently 4.7 days. Approximately 2.3% 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, May 24th 2023.
View our ENS earnings forecast.

EnerSys (NYSE:ENS) released its quarterly earnings data on Wednesday, February, 8th. The industrial products company reported $1.27 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.03. The industrial products company had revenue of $920.20 million for the quarter, compared to analysts' expectations of $926.36 million. EnerSys had a net margin of 3.81% and a trailing twelve-month return on equity of 13.30%. The business's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.01 EPS.

EnerSys announced a quarterly dividend on Wednesday, February 8th. Stockholders of record on Friday, March 17th will be paid a dividend of $0.175 per share on Friday, March 31st. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.86%. The ex-dividend date of this dividend is Thursday, March 16th.
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 0.86%. The dividend payout ratio is 20.96%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENS will have a dividend payout ratio of 11.42% 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 fourth quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of $1.33-$1.43 for the period, compared to the consensus earnings per share estimate of $1.33. 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."

EnerSys' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.10%), Earnest Partners LLC (3.74%), Principal Financial Group Inc. (2.01%), New South Capital Management Inc. (1.99%), Boston Partners (1.90%) and Geode Capital Management LLC (1.84%). Insiders that own company stock include Andrew M Zogby, Andrew M Zogby, David M Shaffer and Shawn M O'connell.
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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 $81.50.

EnerSys (NYSE:ENS) has a market capitalization of $3.33 billion and generates $3.36 billion in revenue each year. The industrial products company earns $143.91 million in net income (profit) each year or $3.34 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.