Enersys (NYSE:ENS) Stock Price Target Lowered at Oppenheimer

Enersys (NYSE:ENS) had its price target lowered by equities research analysts at Oppenheimer from $250.00 to $210.00 in a research note issued to investors on Friday, Benzinga reports. The firm currently has an “outperform” rating on the industrial products company’s stock. Oppenheimer‘s target price indicates a potential upside of 47.50% from the stock’s current price.

Other equities research analysts also recently issued reports about the company. Weiss Ratings downgraded Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 13th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, BTIG Research reduced their target price on Enersys from $280.00 to $250.00 and set a “buy” rating for the company in a research note on Thursday. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Enersys presently has an average rating of “Moderate Buy” and an average price target of $247.50.

Enersys Price Performance

Shares of ENS traded down $5.42 during mid-day trading on Friday, hitting $142.38. The company’s stock had a trading volume of 91,297 shares, compared to its average volume of 500,804. Enersys has a 1-year low of $131.01 and a 1-year high of $244.30. The company has a current ratio of 2.80, a quick ratio of 1.83 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $5.13 billion, a P/E ratio of 14.28, a P/E/G ratio of 0.73 and a beta of 1.21. The firm has a 50-day simple moving average of $172.71 and a 200 day simple moving average of $190.58.

Enersys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, November 11th. The industrial products company reported $3.22 EPS for the quarter, topping analysts’ consensus estimates of $3.19 by $0.03. Enersys had a return on equity of 24.98% and a net margin of 9.86%. The firm had revenue of $949.90 million during the quarter, compared to analysts’ expectations of $968.76 million. During the same quarter last year, the business posted $2.56 EPS. The firm’s quarterly revenue was down .1% compared to the same quarter last year. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. Analysts predict that Enersys will post 13.41 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new position in shares of Enersys during the 2nd quarter worth approximately $1,221,455,000. Bank of America Corp DE raised its holdings in shares of Enersys by 6.8% in the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock valued at $79,825,000 after purchasing an additional 29,364 shares during the period. Paradigm Capital Management Inc. NY acquired a new position in shares of Enersys during the 2nd quarter worth approximately $102,249,000. Arrowstreet Capital Limited Partnership raised its position in shares of Enersys by 6.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 345,303 shares of the industrial products company’s stock valued at $59,986,000 after purchasing an additional 20,767 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Enersys during the second quarter worth approximately $69,388,000. Institutional investors own 94.93% of the company’s stock.

Latest Enersys News

Investors following ENS have been watching these news items:

• Positive Sentiment: Adjusted EPS was $3.22, above the $3.19 consensus and up from $2.56 a year earlier. The company also highlighted gross- and operating-margin expansion, with tax credits and defense demand supporting profitability. Article: EnerSys Q2 Earnings Top Estimates
• Neutral Sentiment: Third-quarter EPS guidance of $3.05–$3.15 brackets the $3.10 consensus; revenue guidance of $935 million–$975 million also spans analyst expectations. Article: EnerSys Reports Second Quarter Fiscal Year 2027 Results
• Negative Sentiment: Revenue of $949.9 million missed the $968.8 million estimate and was down 0.1% year over year, tempering the earnings beat. BTIG also cut its price target to $250 from $280, although it retained its Buy rating. Article: Enersys Given New Price Target at BTIG Research

Enersys Company Profile

EnerSys (NYSE: ENS) is a global provider of stored-energy solutions for industrial applications. Its products include batteries, chargers, power-conversion equipment and energy-storage systems, along with related services such as installation, maintenance and recycling. The company serves customers in markets including material handling, telecommunications, data centers, utilities, aerospace and defense, and transportation. Its offerings include lead-acid and lithium-ion batteries and other power systems designed for applications ranging from forklifts and other industrial vehicles to backup and grid-support power.