EnerSys (NYSE:ENS) Announces Earnings Results, Beats Expectations By $0.06 EPS

EnerSys (NYSE:ENS) posted its earnings results on Wednesday. The industrial products company reported $2.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.02 by $0.06, Briefing.com reports. EnerSys had a return on equity of 20.09% and a net margin of 7.49%. The firm had revenue of $910.70 million for the quarter, compared to analyst estimates of $893.64 million. During the same quarter in the prior year, the company earned $1.82 EPS. EnerSys’s revenue was down 8.0% on a year-over-year basis.

EnerSys Trading Up 0.6 %

Shares of EnerSys stock opened at $97.41 on Thursday. EnerSys has a fifty-two week low of $83.24 and a fifty-two week high of $113.34. The firm has a market cap of $3.94 billion, a PE ratio of 14.74, a P/E/G ratio of 0.82 and a beta of 1.35. The business’s fifty day moving average is $92.83 and its two-hundred day moving average is $93.49. The company has a quick ratio of 1.53, a current ratio of 2.67 and a debt-to-equity ratio of 0.51.

Wall Street Analyst Weigh In

ENS has been the topic of a number of recent research reports. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 6th. Oppenheimer lowered EnerSys from an “outperform” rating to a “market perform” rating in a research note on Friday, February 9th.

About EnerSys

EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.