Enersys (NYSE:ENS – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.950-2.050 for the period, compared to the consensus estimate of 2.940. The company issued revenue guidance of $955.0 million-$995.0 million, compared to the consensus revenue estimate of $974.7 million.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on ENS. Weiss Ratings lowered Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. Oppenheimer boosted their target price on Enersys from $210.00 to $250.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. TD Cowen increased their target price on shares of Enersys from $220.00 to $265.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. BTIG Research raised their price target on shares of Enersys from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, June 12th. Finally, Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 18th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Enersys currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.00.
Check Out Our Latest Report on Enersys
Enersys Price Performance
Enersys (NYSE:ENS – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.83. Enersys had a return on equity of 21.39% and a net margin of 7.83%.The company had revenue of $935.64 million during the quarter, compared to the consensus estimate of $928.01 million. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. As a group, sell-side analysts anticipate that Enersys will post 12.1 EPS for the current year.
Enersys Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Friday, June 19th were issued a dividend of $0.2625 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.05 annualized dividend and a yield of 0.6%. Enersys’s payout ratio is presently 13.62%.
Hedge Funds Weigh In On Enersys
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Millennium Management LLC boosted its position in shares of Enersys by 257.8% during the 3rd quarter. Millennium Management LLC now owns 556,771 shares of the industrial products company’s stock valued at $62,893,000 after purchasing an additional 401,167 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in Enersys by 342.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 392,781 shares of the industrial products company’s stock worth $57,641,000 after purchasing an additional 304,018 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Enersys by 508.6% during the 4th quarter. Franklin Resources Inc. now owns 324,935 shares of the industrial products company’s stock worth $47,684,000 after buying an additional 271,548 shares during the period. Schonfeld Strategic Advisors LLC increased its stake in Enersys by 565.0% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 262,444 shares of the industrial products company’s stock valued at $38,514,000 after purchasing an additional 222,977 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Enersys by 175.8% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 324,536 shares of the industrial products company’s stock valued at $47,626,000 after purchasing an additional 206,857 shares during the period. 94.93% of the stock is owned by institutional investors and hedge funds.
Enersys Company Profile
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.
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