EnerSys (NYSE:ENS) has received a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $80.00.
Several equities research analysts have recently issued reports on the stock. Oppenheimer raised their price target on shares of EnerSys from $80.00 to $85.00 and gave the stock an “outperform” rating in a research note on Friday, August 14th. TheStreet upgraded shares of EnerSys from a “c+” rating to a “b-” rating in a research note on Monday, September 28th.
In related news, insider Andrew M. Zogby sold 4,352 shares of EnerSys stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $74.07, for a total value of $322,352.64. Following the completion of the transaction, the insider now directly owns 21,728 shares in the company, valued at approximately $1,609,392.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.67% of the stock is currently owned by insiders.
Large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC boosted its holdings in EnerSys by 6,813.3% in the 1st quarter. Tower Research Capital LLC TRC now owns 1,037 shares of the industrial products company’s stock valued at $51,000 after purchasing an additional 1,022 shares during the period. Macquarie Group Ltd. boosted its holdings in EnerSys by 34.3% in the 2nd quarter. Macquarie Group Ltd. now owns 1,746 shares of the industrial products company’s stock valued at $112,000 after purchasing an additional 446 shares during the period. Emerald Advisers LLC bought a new position in EnerSys in the 2nd quarter valued at $180,000. Palouse Capital Management Inc. bought a new position in EnerSys in the 2nd quarter valued at $201,000. Finally, Poplar Forest Capital LLC bought a new position in EnerSys in the 2nd quarter valued at $204,000. 94.88% of the stock is owned by hedge funds and other institutional investors.
NYSE:ENS opened at $73.35 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.87 and a current ratio of 2.81. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 25.38, a price-to-earnings-growth ratio of 1.66 and a beta of 1.57. EnerSys has a 52 week low of $35.21 and a 52 week high of $80.22. The firm has a 50-day moving average price of $69.53 and a two-hundred day moving average price of $64.13.
EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.25. EnerSys had a net margin of 4.11% and a return on equity of 13.74%. The firm had revenue of $704.90 million during the quarter, compared to analyst estimates of $696.50 million. As a group, sell-side analysts forecast that EnerSys will post 4.44 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 11th were paid a $0.175 dividend. The ex-dividend date was Thursday, September 10th. This represents a $0.70 dividend on an annualized basis and a yield of 0.95%. EnerSys’s dividend payout ratio is 14.96%.
EnerSys Company Profile
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, 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.
Receive News & Ratings for EnerSys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnerSys and related companies with MarketBeat.com's FREE daily email newsletter.