Enersys (NYSE:ENS) Rating Lowered to “Hold” at Zacks Research

Enersys (NYSE:ENS) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.

ENS has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enersys in a research note on Tuesday, September 22nd. BTIG Research reissued a “buy” rating and set a $280.00 price objective on shares of Enersys in a research report on Thursday, August 13th. Oppenheimer restated an “outperform” rating on shares of Enersys in a report on Friday, August 14th. Finally, Wall Street Zen upgraded shares of Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Enersys has a consensus rating of “Moderate Buy” and an average target price of $265.00.

Enersys Trading Down 2.4%

NYSE:ENS opened at $173.09 on Tuesday. Enersys has a fifty-two week low of $116.87 and a fifty-two week high of $244.30. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83. The stock has a market capitalization of $6.24 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 0.88 and a beta of 1.18. The business’s 50-day simple moving average is $184.39 and its 200-day simple moving average is $200.95.

Enersys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a return on equity of 24.02% and a net margin of 9.29%. The business had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. During the same period in the previous year, the firm earned $2.08 EPS. Enersys’s quarterly revenue was up 4.8% compared to the same quarter last year. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts expect that Enersys will post 13.41 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enersys

A number of hedge funds and other institutional investors have recently bought and sold shares of ENS. Global Retirement Partners LLC bought a new stake in shares of Enersys in the second quarter worth $34,000. Quantbot Technologies LP bought a new position in Enersys in the second quarter valued at $39,000. Trust Co. of Vermont bought a new position in Enersys in the second quarter valued at $57,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Enersys in the second quarter valued at $58,000. Finally, Rockefeller Capital Management L.P. increased its stake in Enersys by 196.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 365 shares of the industrial products company’s stock valued at $54,000 after buying an additional 242 shares during the last quarter. Institutional investors and hedge funds own 94.93% of the company’s stock.

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored energy solutions and power-management systems. The company designs, manufactures and distributes industrial batteries, energy storage systems, chargers, power-conversion equipment and related services for applications that require reliable backup or motive power.

Its product portfolio includes lead-acid and lithium-ion batteries, battery chargers and monitoring systems, as well as specialty solutions for telecommunications, data centers, utilities, transportation, material handling, aerospace and defense.