EnerSys (NYSE:ENS – Get Rating) released its quarterly earnings data on Wednesday. The industrial products company reported $1.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.44, Briefing.com reports. EnerSys had a net margin of 3.81% and a return on equity of 13.30%. The company had revenue of $990.00 million during the quarter, compared to analysts’ expectations of $953.05 million. During the same period in the previous year, the company earned $1.20 EPS. The firm’s quarterly revenue was up 9.2% on a year-over-year basis. EnerSys updated its Q1 guidance to $1.77-$1.87 EPS.
EnerSys Trading Down 1.9 %
NYSE ENS opened at $84.08 on Thursday. The company has a quick ratio of 1.54, a current ratio of 2.79 and a debt-to-equity ratio of 0.72. The firm has a market cap of $3.43 billion, a PE ratio of 25.17, a price-to-earnings-growth ratio of 1.00 and a beta of 1.36. The company has a 50 day moving average price of $83.04 and a 200 day moving average price of $81.20. EnerSys has a 52 week low of $55.60 and a 52 week high of $94.32.
Analysts Set New Price Targets
Separately, StockNews.com initiated coverage on shares of EnerSys in a report on Thursday, May 18th. They issued a “strong-buy” rating for the company.
Institutional Inflows and Outflows
EnerSys engages in the provision of stored energy solutions for industrial applications. It operates through the following segments: Energy Systems, Motive Power, and Specialty. The Energy Systems segment combines enclosures, power conversion, power distribution, and energy storage used in the telecommunication, broadband, and utility industries.
- Get a free copy of the StockNews.com research report on EnerSys (ENS)
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