Analysts predict that EnerSys (NYSE:ENS) will announce sales of $784.25 million for the current quarter, according to Zacks. Two analysts have made estimates for EnerSys’ earnings. The lowest sales estimate is $781.00 million and the highest is $787.50 million. EnerSys posted sales of $680.00 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 15.3%. The firm is expected to issue its next quarterly earnings results on Wednesday, February 5th.
According to Zacks, analysts expect that EnerSys will report full-year sales of $3.15 billion for the current financial year, with estimates ranging from $3.13 billion to $3.17 billion. For the next financial year, analysts anticipate that the company will post sales of $3.35 billion, with estimates ranging from $3.28 billion to $3.41 billion. Zacks’ sales averages are an average based on a survey of research firms that cover EnerSys.
EnerSys (NYSE:ENS) last released its quarterly earnings data on Wednesday, November 6th. The industrial products company reported $1.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.03. EnerSys had a net margin of 5.90% and a return on equity of 16.96%. The company had revenue of $762.10 million during the quarter, compared to analyst estimates of $759.49 million. During the same period in the prior year, the firm earned $1.17 earnings per share. The firm’s revenue for the quarter was up 15.4% compared to the same quarter last year.
In related news, insider Holger P. Aschke sold 5,750 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $69.50, for a total value of $399,625.00. Following the transaction, the insider now owns 38,804 shares in the company, valued at approximately $2,696,878. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 1.59% of the company’s stock.
A number of large investors have recently modified their holdings of ENS. Nuveen Asset Management LLC acquired a new position in EnerSys in the 2nd quarter worth approximately $14,275,000. Victory Capital Management Inc. boosted its position in EnerSys by 36.4% in the 2nd quarter. Victory Capital Management Inc. now owns 579,530 shares of the industrial products company’s stock worth $39,698,000 after purchasing an additional 154,582 shares in the last quarter. Marshall Wace LLP boosted its position in EnerSys by 43,859.9% in the 2nd quarter. Marshall Wace LLP now owns 142,430 shares of the industrial products company’s stock worth $9,756,000 after purchasing an additional 142,106 shares in the last quarter. Northern Trust Corp boosted its position in EnerSys by 8.8% in the 2nd quarter. Northern Trust Corp now owns 984,879 shares of the industrial products company’s stock worth $67,465,000 after purchasing an additional 79,850 shares in the last quarter. Finally, Roubaix Capital LLC purchased a new stake in EnerSys in the 3rd quarter worth approximately $4,814,000. Institutional investors own 96.73% of the company’s stock.
NYSE:ENS traded down $0.76 during mid-day trading on Monday, reaching $73.63. The company’s stock had a trading volume of 217,148 shares, compared to its average volume of 185,031. EnerSys has a 1 year low of $53.56 and a 1 year high of $89.83. The stock has a fifty day moving average of $70.13 and a 200-day moving average of $64.60. The firm has a market capitalization of $3.09 billion, a PE ratio of 14.94, a price-to-earnings-growth ratio of 1.44 and a beta of 1.60. The company has a quick ratio of 2.00, a current ratio of 2.90 and a debt-to-equity ratio of 0.85.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.175 per share. The ex-dividend date is Thursday, December 12th. This represents a $0.70 annualized dividend and a dividend yield of 0.95%. EnerSys’s dividend payout ratio (DPR) is currently 14.20%.
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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