EnerSys (ENS) Scheduled to Post Quarterly Earnings on Wednesday

EnerSys (NYSE:ENS) is set to post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect EnerSys to post earnings of $2.07 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

EnerSys (NYSE:ENS) last issued its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.97 by $0.01. The company had revenue of $852.90 million during the quarter, compared to the consensus estimate of $877.52 million. EnerSys had a return on equity of 19.98% and a net margin of 7.73%. EnerSys’s revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.89 EPS. On average, analysts expect EnerSys to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

EnerSys Trading Down 0.1 %

Shares of ENS stock opened at $97.30 on Tuesday. The firm has a market cap of $3.92 billion, a P/E ratio of 14.72, a PEG ratio of 0.60 and a beta of 1.24. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.70 and a quick ratio of 1.66. The firm’s 50-day simple moving average is $99.92 and its 200-day simple moving average is $100.54. EnerSys has a 1-year low of $83.27 and a 1-year high of $112.53.

EnerSys Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were issued a dividend of $0.24 per share. This is an increase from EnerSys’s previous quarterly dividend of $0.23. This represents a $0.96 annualized dividend and a dividend yield of 0.99%. The ex-dividend date of this dividend was Monday, September 16th. EnerSys’s dividend payout ratio (DPR) is presently 14.52%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Roth Mkm restated a “buy” rating and set a $120.00 price objective on shares of EnerSys in a report on Monday, September 23rd. StockNews.com lowered EnerSys from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 15th. Finally, Roth Capital upgraded EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $118.00.

Insider Buying and Selling at EnerSys

In other news, insider Chad C. Uplinger sold 500 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $100.87, for a total transaction of $50,435.00. Following the completion of the transaction, the insider now directly owns 17,175 shares in the company, valued at approximately $1,732,442.25. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other EnerSys news, CEO David M. Shaffer sold 17,600 shares of the stock in a transaction on Thursday, August 29th. The stock was sold at an average price of $100.08, for a total transaction of $1,761,408.00. Following the completion of the transaction, the chief executive officer now directly owns 226,540 shares of the company’s stock, valued at approximately $22,672,123.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Chad C. Uplinger sold 500 shares of the business’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $100.87, for a total value of $50,435.00. Following the completion of the sale, the insider now directly owns 17,175 shares in the company, valued at $1,732,442.25. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,700 shares of company stock valued at $2,271,843 in the last ninety days. Company insiders own 1.61% of the company’s stock.

About EnerSys

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.