Enersys (NYSE:ENS) Downgraded by Wall Street Zen to Buy

Enersys (NYSE:ENS) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

A number of other brokerages have also commented on ENS. Zacks Research lowered Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 13th. Oppenheimer reduced their target price on Enersys from $250.00 to $210.00 and set an “outperform” rating for the company in a research report on Friday. Weiss Ratings downgraded shares of Enersys from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Finally, BTIG Research lowered their price target on shares of Enersys from $280.00 to $250.00 and set a “buy” rating on the stock in a report on Thursday. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $247.50.

Enersys Stock Down 3.0%

Shares of ENS opened at $143.37 on Friday. The company has a 50-day simple moving average of $171.99 and a 200-day simple moving average of $190.40. The firm has a market capitalization of $5.17 billion, a P/E ratio of 14.39, a P/E/G ratio of 0.73 and a beta of 1.21. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.83 and a current ratio of 2.39. Enersys has a 52 week low of $131.01 and a 52 week high of $244.30.

Enersys (NYSE:ENS) last released its earnings results on Wednesday, November 11th. The industrial products company reported $3.22 earnings per share for the quarter, beating the consensus estimate of $3.19 by $0.03. The business had revenue of $949.90 million during the quarter, compared to analysts’ expectations of $968.76 million. Enersys had a net margin of 9.86% and a return on equity of 25.03%. The firm’s revenue was down .1% on a year-over-year basis. During the same quarter last year, the company earned $2.56 earnings per share. Enersys has set its Q3 2027 guidance at 3.050-3.150 EPS. On average, equities research analysts expect that Enersys will post 13.41 earnings per share for the current year.

Institutional Trading of Enersys

A number of large investors have recently bought and sold shares of the stock. Wellington Management Group LLP bought a new stake in shares of Enersys during the second quarter worth approximately $22,893,000. Hsbc Holdings PLC lifted its holdings in Enersys by 80.1% in the second quarter. Hsbc Holdings PLC now owns 72,021 shares of the industrial products company’s stock valued at $16,856,000 after buying an additional 32,034 shares during the period. Caisse de depot et placement du Quebec bought a new position in Enersys in the second quarter valued at approximately $7,305,000. Renaissance Technologies LLC bought a new position in Enersys in the first quarter valued at approximately $10,319,000. Finally, Bank of America Corp DE grew its holdings in Enersys by 6.8% during the 1st quarter. Bank of America Corp DE now owns 459,504 shares of the industrial products company’s stock worth $79,825,000 after acquiring an additional 29,364 shares during the period. 94.93% of the stock is currently owned by institutional investors.

Recent Enersys Headlines

These are some of the ENS headlines that stood out recently:

• Positive Sentiment: Data-center demand, defense business and the Ultralife deal were cited as growth and market-share supports. EnerSys, Ultralife Deal Helps Grow Market Share
• Neutral Sentiment: Oppenheimer cut its target from $250 to $210 but kept an Outperform rating; BTIG lowered its target from $280 to $250 while maintaining Buy. Both targets remain above the recent share price. Oppenheimer stock recommendations BTIG Research stock recommendations
• Negative Sentiment: Revenue of $949.9 million missed the roughly $968.8 million analyst estimate and edged down 0.1% year over year. The company’s Q3 fiscal 2027 EPS guidance is $3.05–$3.15, below its Q2 result. EnerSys beats EPS but misses on revenue

Enersys Company Profile

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.