Equities analysts forecast that EnerSys (NYSE:ENS – Get Rating) will post earnings per share of $1.17 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for EnerSys’ earnings, with the highest EPS estimate coming in at $1.17 and the lowest estimate coming in at $1.16. EnerSys posted earnings of $1.30 per share in the same quarter last year, which indicates a negative year over year growth rate of 10%. The firm is scheduled to issue its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that EnerSys will report full-year earnings of $4.44 per share for the current fiscal year, with EPS estimates ranging from $4.43 to $4.44. For the next year, analysts forecast that the business will report earnings of $5.42 per share, with EPS estimates ranging from $5.22 to $5.62. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that that provide coverage for EnerSys.
EnerSys (NYSE:ENS – Get Rating) last issued its earnings results on Wednesday, February 9th. The industrial products company reported $1.01 EPS for the quarter, topping the Zacks’ consensus estimate of $0.99 by $0.02. EnerSys had a net margin of 4.58% and a return on equity of 12.75%. The business had revenue of $844.00 million for the quarter, compared to the consensus estimate of $813.60 million. During the same period in the prior year, the firm earned $1.27 EPS.
Shares of NYSE:ENS opened at $69.58 on Thursday. The business’s 50 day moving average is $72.89 and its 200 day moving average is $75.96. The stock has a market cap of $2.87 billion, a P/E ratio of 20.11, a price-to-earnings-growth ratio of 1.28 and a beta of 1.41. EnerSys has a 52-week low of $67.71 and a 52-week high of $100.23. The company has a quick ratio of 1.88, a current ratio of 2.96 and a debt-to-equity ratio of 0.79.
The business also recently declared a quarterly dividend, which was paid on Friday, March 25th. Stockholders of record on Friday, March 11th were issued a $0.175 dividend. The ex-dividend date was Thursday, March 10th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.01%. EnerSys’s dividend payout ratio is presently 20.23%.
Several hedge funds and other institutional investors have recently modified their holdings of ENS. Scopia Capital Management LP bought a new stake in EnerSys during the third quarter valued at about $41,693,000. Vulcan Value Partners LLC grew its position in shares of EnerSys by 99.8% in the 4th quarter. Vulcan Value Partners LLC now owns 1,045,755 shares of the industrial products company’s stock worth $82,677,000 after buying an additional 522,370 shares during the last quarter. Norges Bank bought a new position in shares of EnerSys during the 4th quarter worth approximately $30,583,000. Boston Partners lifted its position in EnerSys by 17.4% during the fourth quarter. Boston Partners now owns 931,414 shares of the industrial products company’s stock valued at $73,642,000 after acquiring an additional 137,930 shares during the last quarter. Finally, Morgan Stanley boosted its stake in EnerSys by 95.6% in the second quarter. Morgan Stanley now owns 254,972 shares of the industrial products company’s stock valued at $24,918,000 after acquiring an additional 124,585 shares in the last quarter. Hedge funds and other institutional investors own 92.45% of the company’s stock.
About EnerSys (Get Rating)
EnerSys engages in the provision of stored energy solutions for industrial applications. The company operates through the following segments: Energy Systems, Motive Power, and Specialty. The Energy Systems segment, which combine enclosures, power conversion, power distribution, and energy storage are used in the telecommunication, broadband and utility industries, uninterruptible power supplies, and other applications requiring stored energy solutions.
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