EnerSys (NYSE:ENS) has been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $77.00.
ENS has been the topic of a number of analyst reports. TheStreet raised shares of EnerSys from a “c+” rating to a “b+” rating in a report on Thursday, May 31st. Zacks Investment Research raised shares of EnerSys from a “hold” rating to a “buy” rating and set a $74.00 price objective on the stock in a report on Monday, April 9th. Sidoti raised shares of EnerSys from a “neutral” rating to a “buy” rating in a report on Monday, May 7th. Finally, ValuEngine raised shares of EnerSys from a “hold” rating to a “buy” rating in a report on Saturday, March 10th.
EnerSys traded down $0.40, reaching $79.35, during mid-day trading on Friday, according to MarketBeat.com. 166,445 shares of the stock were exchanged, compared to its average volume of 217,356. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.13 and a quick ratio of 2.29. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 17.27, a P/E/G ratio of 1.50 and a beta of 1.50. EnerSys has a 1 year low of $61.33 and a 1 year high of $82.25.
EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, May 16th. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.01. The firm had revenue of $683.00 million for the quarter, compared to the consensus estimate of $669.19 million. EnerSys had a net margin of 4.63% and a return on equity of 17.30%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.28 EPS. equities analysts anticipate that EnerSys will post 5.3 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date is Thursday, June 14th. EnerSys’s dividend payout ratio is 15.05%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in ENS. Summit Trail Advisors LLC raised its stake in shares of EnerSys by 4,106.5% during the 1st quarter. Summit Trail Advisors LLC now owns 99,904 shares of the industrial products company’s stock worth $100,000 after purchasing an additional 97,529 shares during the period. Adviser Investments LLC bought a new stake in shares of EnerSys during the 1st quarter worth $103,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of EnerSys by 45.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,468 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 769 shares during the period. Bayesian Capital Management LP bought a new stake in shares of EnerSys during the 1st quarter worth $236,000. Finally, Meadow Creek Investment Management LLC raised its stake in shares of EnerSys by 26.5% during the 4th quarter. Meadow Creek Investment Management LLC now owns 3,784 shares of the industrial products company’s stock worth $264,000 after purchasing an additional 792 shares during the period. Institutional investors own 96.05% of the company’s stock.
EnerSys manufactures, markets, and distributes industrial batteries. The company offers chargers, outdoor cabinet enclosures, power equipment, and battery accessories, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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