$1.16 EPS Expected for EnerSys (ENS) This Quarter

Wall Street analysts forecast that EnerSys (NYSE:ENS) will post earnings of $1.16 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for EnerSys’ earnings. EnerSys posted earnings of $1.05 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 10.5%. The firm is expected to announce its next quarterly earnings results on Wednesday, November 14th.

On average, analysts expect that EnerSys will report full-year earnings of $5.06 per share for the current fiscal year, with EPS estimates ranging from $4.97 to $5.14. For the next financial year, analysts forecast that the firm will post earnings of $5.73 per share. Zacks’ EPS averages are an average based on a survey of analysts that that provide coverage for EnerSys.

EnerSys (NYSE:ENS) last released its quarterly earnings data on Wednesday, August 8th. The industrial products company reported $1.17 EPS for the quarter, hitting analysts’ consensus estimates of $1.17. The firm had revenue of $670.90 million during the quarter, compared to the consensus estimate of $649.63 million. EnerSys had a net margin of 4.46% and a return on equity of 17.30%. The firm’s revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.12 earnings per share.



A number of equities analysts have commented on ENS shares. Sidoti raised shares of EnerSys from a “neutral” rating to a “buy” rating in a report on Monday, May 7th. Zacks Investment Research raised shares of EnerSys from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a report on Monday, May 21st. Finally, TheStreet raised shares of EnerSys from a “c+” rating to a “b+” rating in a report on Thursday, May 31st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. EnerSys has a consensus rating of “Hold” and a consensus price target of $81.33.

Several institutional investors and hedge funds have recently made changes to their positions in ENS. Boston Partners boosted its holdings in shares of EnerSys by 11.3% during the first quarter. Boston Partners now owns 3,700,882 shares of the industrial products company’s stock valued at $256,731,000 after acquiring an additional 376,430 shares during the period. Paradigm Capital Management Inc. NY acquired a new position in shares of EnerSys during the second quarter valued at $27,341,000. FMR LLC boosted its holdings in shares of EnerSys by 925.2% during the second quarter. FMR LLC now owns 205,528 shares of the industrial products company’s stock valued at $15,341,000 after acquiring an additional 185,480 shares during the period. BlackRock Inc. boosted its holdings in shares of EnerSys by 3.9% during the second quarter. BlackRock Inc. now owns 4,635,289 shares of the industrial products company’s stock valued at $345,976,000 after acquiring an additional 172,812 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in shares of EnerSys during the second quarter valued at $12,196,000. 95.83% of the stock is owned by institutional investors.

EnerSys stock opened at $76.65 on Friday. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 16.48, a price-to-earnings-growth ratio of 1.43 and a beta of 1.53. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.33 and a quick ratio of 2.46. EnerSys has a 12 month low of $61.33 and a 12 month high of $83.00.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 28th. Stockholders of record on Friday, September 14th will be issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a dividend yield of 0.91%. The ex-dividend date is Thursday, September 13th. EnerSys’s dividend payout ratio (DPR) is 15.05%.

About EnerSys

EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.

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