Enersys (NYSE:ENS) Stock Rating Upgraded by Zacks Research

Enersys (NYSE:ENS) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Roth Capital restated a “buy” rating and issued a $265.00 price objective on shares of Enersys in a report on Friday, May 22nd. TD Cowen increased their target price on Enersys from $220.00 to $265.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Wall Street Zen raised Enersys from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 15th. BTIG Research restated a “buy” rating and issued a $280.00 price target on shares of Enersys in a research note on Thursday, August 13th. Finally, Oppenheimer reaffirmed an “outperform” rating on shares of Enersys in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $265.00.

Enersys Stock Performance

Shares of Enersys stock opened at $194.13 on Tuesday. Enersys has a 1 year low of $97.03 and a 1 year high of $244.30. The firm’s 50-day moving average is $204.75 and its 200 day moving average is $197.77. The stock has a market cap of $7.00 billion, a price-to-earnings ratio of 20.79, a PEG ratio of 1.00 and a beta of 1.19. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.80 and a quick ratio of 1.83.

Enersys (NYSE:ENS) last released its quarterly earnings data on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. Enersys’s revenue was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $2.08 EPS. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. Sell-side analysts anticipate that Enersys will post 13.41 EPS for the current fiscal year.

Institutional Investors Weigh In On Enersys

A number of large investors have recently added to or reduced their stakes in ENS. Stifel Financial Corp lifted its holdings in shares of Enersys by 2.0% during the 4th quarter. Stifel Financial Corp now owns 4,252 shares of the industrial products company’s stock valued at $624,000 after buying an additional 84 shares during the period. Kestra Advisory Services LLC grew its holdings in shares of Enersys by 4.9% in the fourth quarter. Kestra Advisory Services LLC now owns 2,009 shares of the industrial products company’s stock worth $295,000 after acquiring an additional 94 shares during the period. Merit Financial Group LLC increased its position in Enersys by 3.8% during the third quarter. Merit Financial Group LLC now owns 2,662 shares of the industrial products company’s stock valued at $301,000 after acquiring an additional 97 shares during the last quarter. CIBC Private Wealth Group LLC increased its position in Enersys by 116.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 182 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 98 shares during the last quarter. Finally, State of Michigan Retirement System lifted its holdings in Enersys by 1.1% in the first quarter. State of Michigan Retirement System now owns 8,872 shares of the industrial products company’s stock valued at $1,541,000 after acquiring an additional 100 shares during the period. Institutional investors own 94.93% of the company’s stock.

About Enersys

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.