Headlines about EnerSys (NYSE:ENS) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. EnerSys earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 47.1306729792222 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of EnerSys (NYSE ENS) opened at $69.69 on Thursday. EnerSys has a fifty-two week low of $61.33 and a fifty-two week high of $84.74. The company has a market capitalization of $2,920.00, a price-to-earnings ratio of 17.08, a PEG ratio of 1.59 and a beta of 1.60. The company has a current ratio of 3.47, a quick ratio of 2.53 and a debt-to-equity ratio of 0.61.
EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, February 7th. The industrial products company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.14 by $0.11. EnerSys had a return on equity of 18.02% and a net margin of 3.94%. The business had revenue of $658.90 million during the quarter, compared to the consensus estimate of $634.75 million. During the same period in the prior year, the business posted $1.18 earnings per share. EnerSys’s revenue was up 16.9% compared to the same quarter last year. sell-side analysts anticipate that EnerSys will post 4.65 EPS for the current year.
EnerSys announced that its Board of Directors has initiated a stock repurchase program on Wednesday, November 8th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the industrial products company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.
Several brokerages have recently commented on ENS. TheStreet downgraded EnerSys from a “b” rating to a “c+” rating in a report on Friday, February 9th. Sidoti downgraded EnerSys from a “buy” rating to a “neutral” rating and set a $79.00 target price for the company. in a report on Tuesday, January 23rd. ValuEngine downgraded EnerSys from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research downgraded EnerSys from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. Finally, Oppenheimer reaffirmed a “buy” rating and set a $77.00 target price on shares of EnerSys in a report on Thursday, November 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $78.00.
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EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.
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