Enersys (NYSE:ENS) Issues Quarterly Earnings Results

Enersys (NYSE:ENS) announced its quarterly earnings results on Wednesday. The industrial products company reported $3.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.19 by $0.03, Zacks reports. Enersys had a net margin of 9.29% and a return on equity of 24.02%. Enersys updated its Q3 2027 guidance to 3.050-3.150 EPS.

Enersys Price Performance

Shares of ENS traded down $3.02 during mid-day trading on Wednesday, hitting $148.31. 1,555,808 shares of the stock were exchanged, compared to its average volume of 496,240. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.83 and a current ratio of 2.80. The company has a market cap of $5.35 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 0.75 and a beta of 1.21. Enersys has a 52-week low of $131.01 and a 52-week high of $244.30. The firm has a 50-day moving average of $174.01 and a two-hundred day moving average of $190.84.

Analyst Ratings Changes

Several brokerages have commented on ENS. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. BTIG Research restated a “buy” rating and set a $280.00 price objective on shares of Enersys in a research report on Thursday, August 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Enersys in a research report on Tuesday, September 22nd. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. Finally, Zacks Research cut shares of Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Enersys presently has a consensus rating of “Moderate Buy” and an average target price of $265.00.

About Enersys

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.