Enersys (NYSE:ENS – Get Free Report) announced a quarterly dividend on Wednesday, August 12th. Shareholders of record on Friday, September 18th will be given a dividend of 0.2875 per share by the industrial products company on Friday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, September 18th. This is a 9.5% increase from Enersys’s previous quarterly dividend of $0.26.
Enersys has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. Enersys has a dividend payout ratio of 10.0% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Enersys to earn $14.99 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 7.0%.
Enersys Stock Up 5.6%
Shares of Enersys stock opened at $197.26 on Friday. The company has a 50-day simple moving average of $206.76 and a two-hundred day simple moving average of $197.20. The stock has a market capitalization of $7.19 billion, a PE ratio of 21.12, a price-to-earnings-growth ratio of 1.03 and a beta of 1.19. Enersys has a 52-week low of $97.03 and a 52-week high of $244.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.76 and a current ratio of 2.66.
Key Headlines Impacting Enersys
Here are the key news stories impacting Enersys this week:
- Positive Sentiment: Earnings beat expectations: EnerSys reported adjusted earnings of $3.66 per share, well above the $2.83 consensus estimate, while revenue rose 4.8% year over year to $935.6 million, exceeding expectations of approximately $928 million. Adjusted EPS increased sharply from $2.08 a year earlier. EnerSys Reports First Quarter Fiscal 2027 Results
- Positive Sentiment: Profitability and cash flow improved: Gross profit rose 23.7% to $313.4 million, operating profit climbed 75.1% to $151.4 million and operating cash flow reached $230.2 million. The results suggest stronger margins and operating execution, supporting the investment case.
- Positive Sentiment: Dividend raised: The board increased the quarterly dividend 10% to $0.2875 per share, payable October 2 to shareholders of record September 18. The increase signals management’s confidence in earnings and cash-flow generation. EnerSys Dividend Increase
- Positive Sentiment: Demand outlook remains encouraging: Management highlighted momentum in data centers, communications, aerospace and defense, along with progress on its U.S. lithium-cell facility strategy. These trends helped offset softer material-handling demand.
- Positive Sentiment: Analyst support: BTIG reaffirmed its Buy rating and set a $280 price target, implying substantial upside based on the referenced share price. Other recent targets cited include $250 from Oppenheimer.
- Neutral Sentiment: Second-quarter guidance: EnerSys forecast revenue of $955 million to $995 million and adjusted EPS of $3.15 to $3.25. Revenue guidance brackets the consensus estimate, but investors will monitor whether the expected sequential earnings decline reflects temporary factors or slower near-term momentum.
About Enersys
Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.
The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.
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