$1.21 Earnings Per Share Expected for EnerSys (NYSE:ENS) This Quarter

Wall Street analysts expect that EnerSys (NYSE:ENS) will report $1.21 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for EnerSys’ earnings. The highest EPS estimate is $1.22 and the lowest is $1.20. EnerSys reported earnings per share of $1.17 in the same quarter last year, which suggests a positive year-over-year growth rate of 3.4%. The company is scheduled to announce its next earnings results on Wednesday, November 6th.

On average, analysts expect that EnerSys will report full year earnings of $5.39 per share for the current fiscal year, with EPS estimates ranging from $5.10 to $5.67. For the next year, analysts forecast that the firm will report earnings of $5.93 per share, with EPS estimates ranging from $5.46 to $6.40. Zacks’ EPS calculations are an average based on a survey of research analysts that that provide coverage for EnerSys.

EnerSys (NYSE:ENS) last posted its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.30 EPS for the quarter, missing the consensus estimate of $1.32 by ($0.02). EnerSys had a return on equity of 17.13% and a net margin of 5.58%. The company had revenue of $780.20 million during the quarter, compared to the consensus estimate of $819.86 million. During the same period last year, the business earned $1.17 EPS. The firm’s quarterly revenue was up 16.3% compared to the same quarter last year.



Several research analysts have recently commented on the company. Oppenheimer set a $78.00 price objective on EnerSys and gave the stock a “buy” rating in a research note on Friday, August 9th. ValuEngine downgraded EnerSys from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Sidoti set a $101.00 price objective on EnerSys and gave the stock a “buy” rating in a research note on Friday, May 17th. Finally, TheStreet downgraded EnerSys from a “b-” rating to a “c+” rating in a research note on Thursday, May 30th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $89.15.

Shares of NYSE ENS traded down $0.11 during trading on Thursday, hitting $57.65. The company had a trading volume of 2,551 shares, compared to its average volume of 333,696. The stock has a 50 day simple moving average of $64.08 and a 200 day simple moving average of $67.30. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.67 and a current ratio of 2.54. EnerSys has a 12 month low of $54.63 and a 12 month high of $89.83. The firm has a market capitalization of $2.43 billion, a P/E ratio of 11.69, a price-to-earnings-growth ratio of 1.06 and a beta of 1.52.

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be paid a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 1.21%. The ex-dividend date of this dividend is Thursday, September 12th. EnerSys’s dividend payout ratio (DPR) is presently 14.20%.

A number of institutional investors and hedge funds have recently modified their holdings of ENS. NumerixS Investment Technologies Inc raised its stake in EnerSys by 50.0% during the 1st quarter. NumerixS Investment Technologies Inc now owns 1,800 shares of the industrial products company’s stock valued at $114,000 after purchasing an additional 600 shares during the period. Exane Derivatives bought a new stake in EnerSys during the 2nd quarter valued at approximately $124,000. First Interstate Bank raised its stake in EnerSys by 21.7% during the 2nd quarter. First Interstate Bank now owns 2,805 shares of the industrial products company’s stock valued at $192,000 after purchasing an additional 500 shares during the period. First Mercantile Trust Co. raised its stake in EnerSys by 87.0% during the 2nd quarter. First Mercantile Trust Co. now owns 2,828 shares of the industrial products company’s stock valued at $194,000 after purchasing an additional 1,316 shares during the period. Finally, Oakbrook Investments LLC bought a new stake in EnerSys during the 2nd quarter valued at approximately $202,000. 92.37% of the stock is currently owned by institutional investors.

EnerSys Company Profile

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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Earnings History and Estimates for EnerSys (NYSE:ENS)

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