Enersys (NYSE:ENS) Stock Has Consensus Target Price of $265.00

Enersys (NYSE:ENS) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $265.00.

Several brokerages have commented on ENS. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Zacks Research lowered shares of Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. BTIG Research reiterated a “buy” rating and set a $280.00 price objective on shares of Enersys in a research report on Thursday, August 13th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enersys in a research report on Tuesday, September 22nd.

Enersys Stock Performance

Shares of ENS stock opened at $168.15 on Wednesday. Enersys has a 12-month low of $122.02 and a 12-month high of $244.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. The firm has a market capitalization of $6.06 billion, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 0.80 and a beta of 1.21. The business has a 50 day simple moving average of $177.98 and a 200 day simple moving average of $191.36.

Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating the consensus estimate of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a return on equity of 24.02% and a net margin of 9.29%. The company’s revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, equities research analysts anticipate that Enersys will post 13.41 EPS for the current year.

Enersys Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 2nd. Investors of record on Friday, September 18th were given a dividend of $0.2875 per share. The ex-dividend date of this dividend was Friday, September 18th. This is a boost from Enersys’s previous quarterly dividend of $0.2625. This represents a $1.15 dividend on an annualized basis and a yield of 0.7%. Enersys’s payout ratio is presently 12.31%.

Hedge Funds Weigh In On Enersys

Hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Enersys in the second quarter worth approximately $1,221,455,000. Paradigm Capital Management Inc. NY bought a new position in Enersys during the 2nd quarter valued at $102,249,000. Bank of America Corp DE purchased a new position in Enersys during the 2nd quarter worth $84,699,000. Bank of New York Mellon Corp bought a new stake in shares of Enersys in the 2nd quarter worth $69,388,000. Finally, Hill City Capital LP bought a new stake in shares of Enersys in the 2nd quarter worth $44,426,000. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored energy solutions for industrial, transportation, telecommunications, utility, data center, aerospace and defense applications. The company designs, manufactures and distributes industrial batteries, battery chargers, power systems and related equipment used for backup power, motive power and energy management.

Its product portfolio includes lead-acid and lithium-ion batteries, motive-power systems for electric forklifts and other material-handling equipment, reserve-power batteries for telecommunications and data centers, and specialized energy systems for aerospace, defense and other critical applications.