EnerSys (NYSE:ENS)’s share price reached a new 52-week low on Wednesday . The stock traded as low as $55.39 and last traded at $55.70, with a volume of 5117 shares changing hands. The stock had previously closed at $57.75.

Several analysts have recently weighed in on the company. ValuEngine downgraded EnerSys from a “hold” rating to a “sell” rating in a report on Wednesday, May 8th. Sidoti set a $101.00 target price on EnerSys and gave the company a “buy” rating in a report on Friday, May 17th. Oppenheimer set a $78.00 target price on EnerSys and gave the company a “buy” rating in a report on Friday, August 9th. Finally, TheStreet downgraded EnerSys from a “b-” rating to a “c+” rating in a report on Thursday, May 30th. One analyst has rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. EnerSys presently has an average rating of “Buy” and a consensus target price of $89.15.

The company has a market cap of $2.50 billion, a PE ratio of 11.12, a price-to-earnings-growth ratio of 1.02 and a beta of 1.52. The business’s 50-day moving average price is $65.12. The company has a current ratio of 2.54, a quick ratio of 1.67 and a debt-to-equity ratio of 0.75.

EnerSys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.32 by ($0.02). The company had revenue of $780.20 million during the quarter, compared to analyst estimates of $819.86 million. EnerSys had a net margin of 5.58% and a return on equity of 17.13%. The business’s revenue was up 16.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 EPS. Analysts predict that EnerSys will post 5.66 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 1.28%. The ex-dividend date of this dividend is Thursday, September 12th. EnerSys’s dividend payout ratio (DPR) is presently 14.20%.

A number of hedge funds have recently modified their holdings of the stock. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in EnerSys by 2.5% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,584 shares of the industrial products company’s stock valued at $494,000 after acquiring an additional 188 shares during the period. Arizona State Retirement System increased its position in EnerSys by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 31,105 shares of the industrial products company’s stock worth $2,131,000 after purchasing an additional 193 shares during the period. Strs Ohio increased its position in EnerSys by 5.4% during the 2nd quarter. Strs Ohio now owns 3,900 shares of the industrial products company’s stock worth $267,000 after purchasing an additional 200 shares during the period. Metropolitan Life Insurance Co NY increased its position in EnerSys by 0.9% during the 1st quarter. Metropolitan Life Insurance Co NY now owns 24,871 shares of the industrial products company’s stock worth $1,620,000 after purchasing an additional 232 shares during the period. Finally, ETRADE Capital Management LLC increased its position in EnerSys by 2.3% during the 2nd quarter. ETRADE Capital Management LLC now owns 10,620 shares of the industrial products company’s stock worth $727,000 after purchasing an additional 237 shares during the period. Hedge funds and other institutional investors own 94.51% of the company’s stock.

EnerSys Company Profile (NYSE:ENS)

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

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