EnerSys (NYSE:ENS – Get Free Report) announced its quarterly earnings results on Wednesday. The industrial products company reported $2.08 earnings per share for the quarter, beating analysts’ consensus estimates of $2.02 by $0.06, Briefing.com reports. EnerSys had a net margin of 7.49% and a return on equity of 20.09%. The company had revenue of $910.70 million for the quarter, compared to analyst estimates of $893.64 million. During the same quarter last year, the business earned $1.82 EPS. EnerSys’s revenue for the quarter was down 8.0% on a year-over-year basis.
EnerSys Trading Up 8.4 %
Shares of NYSE ENS opened at $105.57 on Thursday. The stock has a market capitalization of $4.27 billion, a P/E ratio of 14.73, a PEG ratio of 0.82 and a beta of 1.35. The stock’s 50 day moving average price is $92.83 and its two-hundred day moving average price is $93.49. EnerSys has a 52-week low of $83.24 and a 52-week high of $113.34. The company has a quick ratio of 1.53, a current ratio of 2.67 and a debt-to-equity ratio of 0.51.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on ENS. Oppenheimer downgraded shares of EnerSys from an “outperform” rating to a “market perform” rating in a research report on Friday, February 9th. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a report on Wednesday, March 6th.
EnerSys Company Profile
EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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