Brokerages predict that EnerSys (NYSE:ENS – Get Rating) will report sales of $881.25 million for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for EnerSys’ earnings, with the lowest sales estimate coming in at $862.50 million and the highest estimate coming in at $900.00 million. EnerSys reported sales of $813.50 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 8.3%. The business is scheduled to issue its next earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that EnerSys will report full year sales of $3.33 billion for the current fiscal year, with estimates ranging from $3.31 billion to $3.35 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $3.52 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow EnerSys.
EnerSys (NYSE:ENS – Get Rating) last released its quarterly earnings results on Wednesday, February 9th. The industrial products company reported $1.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.99 by $0.02. EnerSys had a return on equity of 12.75% and a net margin of 4.58%. The business had revenue of $844.00 million during the quarter, compared to analyst estimates of $813.60 million. During the same quarter in the previous year, the company posted $1.27 earnings per share.
NYSE:ENS opened at $64.98 on Friday. The stock has a 50-day simple moving average of $71.49 and a two-hundred day simple moving average of $75.12. EnerSys has a 52-week low of $63.96 and a 52-week high of $100.23. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.88 and a current ratio of 2.96. The firm has a market capitalization of $2.68 billion, a PE ratio of 18.78, a P/E/G ratio of 1.22 and a beta of 1.40.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 25th. Stockholders of record on Friday, March 11th were paid a $0.175 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date of this dividend was Thursday, March 10th. EnerSys’s dividend payout ratio (DPR) is 20.23%.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. boosted its stake in shares of EnerSys by 1.7% in the fourth quarter. BlackRock Inc. now owns 4,686,544 shares of the industrial products company’s stock worth $370,517,000 after acquiring an additional 76,728 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of EnerSys by 1.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,302,827 shares of the industrial products company’s stock worth $103,000,000 after buying an additional 13,764 shares in the last quarter. State Street Corp lifted its position in shares of EnerSys by 0.8% in the fourth quarter. State Street Corp now owns 1,292,002 shares of the industrial products company’s stock worth $102,146,000 after buying an additional 10,659 shares in the last quarter. Vulcan Value Partners LLC lifted its position in shares of EnerSys by 99.8% in the fourth 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 in the last quarter. Finally, Boston Partners lifted its position in shares of EnerSys by 17.4% in the fourth quarter. Boston Partners now owns 931,414 shares of the industrial products company’s stock worth $73,642,000 after buying an additional 137,930 shares in the last quarter. 97.03% of the stock is owned by hedge funds and other institutional investors.
EnerSys Company Profile (Get Rating)
EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems 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, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
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