Enersys (NYSE:ENS – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.
ENS has been the topic of several other research reports. Roth Capital restated a “buy” rating and set a $120.00 price objective on shares of Enersys in a report on Tuesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Enersys in a report on Thursday, October 30th. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Finally, Oppenheimer reissued an “outperform” rating on shares of Enersys in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating and four have issued a Buy rating to the company’s stock. According to MarketBeat.com, Enersys has an average rating of “Buy” and a consensus target price of $126.00.
Enersys Price Performance
Enersys (NYSE:ENS – Get Free Report) last issued its earnings results on Wednesday, November 5th. The industrial products company reported $2.56 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.20. The business had revenue of $951.30 million during the quarter, compared to analyst estimates of $890.27 million. Enersys had a return on equity of 21.99% and a net margin of 9.60%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.12 EPS. Enersys has set its Q3 2026 guidance at 2.710-2.81 EPS. Equities research analysts anticipate that Enersys will post 9.99 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Enersys
Large investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC purchased a new stake in Enersys during the third quarter valued at about $25,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Enersys in the 2nd quarter worth approximately $28,000. Caitong International Asset Management Co. Ltd raised its holdings in Enersys by 2,500.0% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 338 shares of the industrial products company’s stock valued at $31,000 after acquiring an additional 325 shares during the period. Gen Wealth Partners Inc purchased a new stake in shares of Enersys during the first quarter worth $36,000. Finally, Optiver Holding B.V. purchased a new stake in shares of Enersys during the third quarter worth $47,000. Hedge funds and other institutional investors own 94.93% of the company’s stock.
Enersys Company Profile
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) 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, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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