EnerSys (NYSE:ENS) has been assigned an average recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $86.44.

Several equities research analysts have issued reports on ENS shares. TheStreet downgraded EnerSys from a “b-” rating to a “c+” rating in a research report on Thursday, May 30th. Oppenheimer set a $78.00 target price on EnerSys and gave the stock a “buy” rating in a research report on Friday, August 9th.

EnerSys stock traded up $0.75 during trading on Friday, hitting $66.01. The stock had a trading volume of 232,293 shares, compared to its average volume of 249,454. EnerSys has a 1 year low of $53.56 and a 1 year high of $89.83. The company has a quick ratio of 1.67, a current ratio of 2.54 and a debt-to-equity ratio of 0.75. The stock’s 50 day moving average is $59.93 and its two-hundred day moving average is $64.72. The stock has a market cap of $2.77 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.21 and a beta of 1.59.

EnerSys (NYSE:ENS) last posted its earnings results on Wednesday, August 7th. The industrial products company reported $1.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.32 by ($0.02). The company had revenue of $780.20 million for the quarter, compared to analysts’ expectations of $819.86 million. EnerSys had a return on equity of 17.13% and a net margin of 5.58%. The company’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.17 EPS. As a group, equities research analysts anticipate that EnerSys will post 5.39 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Shareholders of record on Friday, September 13th will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, September 12th. This represents a $0.70 annualized dividend and a dividend yield of 1.06%. EnerSys’s dividend payout ratio is currently 14.20%.

Large investors have recently bought and sold shares of the business. NumerixS Investment Technologies Inc lifted its position in shares of EnerSys by 50.0% during the first quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the industrial products company’s stock worth $114,000 after acquiring an additional 600 shares in the last quarter. Exane Derivatives purchased a new stake in shares of EnerSys during the second quarter worth $124,000. First Interstate Bank lifted its position in shares of EnerSys by 21.7% during the second quarter. First Interstate Bank now owns 2,805 shares of the industrial products company’s stock worth $192,000 after acquiring an additional 500 shares in the last quarter. First Mercantile Trust Co. lifted its position in shares of EnerSys by 87.0% during the second quarter. First Mercantile Trust Co. now owns 2,828 shares of the industrial products company’s stock worth $194,000 after acquiring an additional 1,316 shares in the last quarter. Finally, Oakbrook Investments LLC bought a new position in shares of EnerSys in the second quarter worth $202,000. Hedge funds and other institutional investors own 95.95% of the company’s stock.

EnerSys Company Profile

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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