TD Cowen Begins Coverage on Enersys (NYSE:ENS)

Stock analysts at TD Cowen initiated coverage on shares of Enersys (NYSE:ENS) in a report released on Thursday, Marketbeat reports. The brokerage set a “buy” rating and a $190.00 price target on the industrial products company’s stock. TD Cowen’s price objective would suggest a potential upside of 15.97% from the company’s current price.

Other equities research analysts have also recently issued research reports about the stock. Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. BTIG Research upped their price objective on Enersys from $175.00 to $185.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Finally, Roth Mkm reaffirmed a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $180.25.

Enersys Stock Down 0.4%

Shares of Enersys stock opened at $163.84 on Thursday. Enersys has a 12-month low of $76.57 and a 12-month high of $194.77. The company has a market cap of $6.04 billion, a P/E ratio of 20.30, a PEG ratio of 1.06 and a beta of 1.11. The company’s fifty day simple moving average is $170.40 and its two-hundred day simple moving average is $143.27. The company has a current ratio of 2.75, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61.

Enersys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.04. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The company had revenue of $919.13 million for the quarter, compared to analysts’ expectations of $932.13 million. During the same period in the prior year, the firm earned $3.12 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. Research analysts anticipate that Enersys will post 9.99 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Root Financial Partners LLC purchased a new position in Enersys in the third quarter valued at $25,000. CIBC Private Wealth Group LLC grew its position in Enersys by 116.7% in the 4th quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares in the last quarter. Allworth Financial LP increased its position in shares of Enersys by 442.2% during the third quarter. Allworth Financial LP now owns 244 shares of the industrial products company’s stock worth $28,000 after acquiring an additional 199 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Enersys in the 4th quarter valued at about $30,000. Finally, SBI Securities Co. Ltd. grew its stake in shares of Enersys by 239.7% in the 4th quarter. SBI Securities Co. Ltd. now owns 214 shares of the industrial products company’s stock valued at $31,000 after purchasing an additional 151 shares during the last quarter. 94.93% of the stock is owned by institutional investors.

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.