Enersys (NYSE:ENS) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Enersys (NYSE:ENSGet Free Report)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $149.73 and traded as high as $178.06. Enersys shares last traded at $176.4960, with a volume of 194,257 shares.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ENS shares. TD Cowen started coverage on Enersys in a research report on Thursday, March 19th. They set a “buy” rating and a $190.00 price target on the stock. Wall Street Zen downgraded Enersys from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Roth Mkm reissued a “buy” rating and set a $208.00 price target (up from $164.00) on shares of Enersys in a research report on Tuesday, February 3rd. Zacks Research downgraded Enersys from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 6th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enersys in a research report on Tuesday, January 27th. Five 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, the stock presently has an average rating of “Moderate Buy” and an average target price of $180.25.

View Our Latest Report on Enersys

Enersys Stock Up 5.6%

The firm has a 50 day simple moving average of $172.02 and a two-hundred day simple moving average of $150.47. The company has a quick ratio of 1.72, a current ratio of 2.75 and a debt-to-equity ratio of 0.61. The stock has a market capitalization of $6.92 billion, a P/E ratio of 23.28, a PEG ratio of 0.99 and a beta of 1.07.

Enersys (NYSE:ENSGet Free Report) last released its earnings results on Wednesday, February 4th. The industrial products company reported $2.77 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.04. Enersys had a return on equity of 21.27% and a net margin of 8.37%.The firm had revenue of $919.10 million during the quarter, compared to analysts’ expectations of $932.13 million. During the same period in the prior year, the company earned $3.12 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis. Enersys has set its Q4 2026 guidance at 2.950-3.050 EPS. On average, equities research analysts expect that Enersys will post 9.99 earnings per share for the current year.

Enersys Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a dividend of $0.2625 per share. The ex-dividend date was Friday, March 13th. This represents a $1.05 annualized dividend and a yield of 0.6%. Enersys’s dividend payout ratio is presently 13.01%.

Institutional Investors Weigh In On Enersys

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in Enersys by 1.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,627,245 shares of the industrial products company’s stock worth $238,802,000 after purchasing an additional 30,760 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Enersys by 5.9% in the 3rd quarter. Invesco Ltd. now owns 1,158,838 shares of the industrial products company’s stock valued at $130,902,000 after acquiring an additional 64,503 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Enersys by 9.4% in the 3rd quarter. First Trust Advisors LP now owns 965,026 shares of the industrial products company’s stock valued at $109,009,000 after acquiring an additional 82,944 shares during the last quarter. New South Capital Management Inc. lifted its stake in shares of Enersys by 22.6% in the 3rd quarter. New South Capital Management Inc. now owns 857,600 shares of the industrial products company’s stock valued at $96,874,000 after acquiring an additional 158,267 shares during the last quarter. Finally, Boston Partners lifted its stake in shares of Enersys by 4.7% in the 3rd quarter. Boston Partners now owns 680,174 shares of the industrial products company’s stock valued at $76,973,000 after acquiring an additional 30,767 shares during the last quarter. 94.93% of the stock is currently owned by institutional investors.

About Enersys

(Get Free Report)

Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.

The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.

Further Reading

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