EnerSys (ENS) to Release Quarterly Earnings on Wednesday

EnerSys (NYSE:ENS) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $2.07 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

EnerSys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 7th. The industrial products company reported $1.98 earnings per share for the quarter, topping analysts’ consensus estimates of $1.97 by $0.01. EnerSys had a return on equity of 19.98% and a net margin of 7.73%. The firm had revenue of $852.90 million for the quarter, compared to analyst estimates of $877.52 million. During the same quarter in the prior year, the company posted $1.89 earnings per share. EnerSys’s quarterly revenue was down 6.1% on a year-over-year basis. On average, analysts expect EnerSys to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

EnerSys Trading Down 0.1 %

Shares of ENS stock opened at $97.30 on Tuesday. EnerSys has a fifty-two week low of $83.27 and a fifty-two week high of $112.53. The stock has a market cap of $3.92 billion, a P/E ratio of 14.72, a P/E/G ratio of 0.60 and a beta of 1.24. The business has a fifty day simple moving average of $99.92 and a 200-day simple moving average of $100.54. The company has a quick ratio of 1.66, a current ratio of 2.70 and a debt-to-equity ratio of 0.48.

EnerSys Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a dividend of $0.24 per share. This is an increase from EnerSys’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.96 annualized dividend and a dividend yield of 0.99%. EnerSys’s dividend payout ratio is presently 14.52%.

Insider Transactions at EnerSys

In related news, CEO David M. Shaffer sold 2,400 shares of EnerSys stock in a transaction on Monday, August 26th. The shares were sold at an average price of $100.00, for a total value of $240,000.00. Following the completion of the sale, the chief executive officer now owns 244,140 shares of the company’s stock, valued at approximately $24,414,000. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO David M. Shaffer sold 2,400 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $100.00, for a total value of $240,000.00. Following the completion of the sale, the chief executive officer now directly owns 244,140 shares in the company, valued at approximately $24,414,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Joern Tinnemeyer sold 2,200 shares of the business’s stock in a transaction on Monday, August 26th. The stock was sold at an average price of $100.00, for a total transaction of $220,000.00. Following the transaction, the vice president now directly owns 25,368 shares of the company’s stock, valued at approximately $2,536,800. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,700 shares of company stock worth $2,271,843 in the last 90 days. 1.61% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. StockNews.com lowered EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Roth Capital raised shares of EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Finally, Roth Mkm restated a “buy” rating and set a $120.00 price objective on shares of EnerSys in a research report on Monday, September 23rd. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, EnerSys currently has an average rating of “Moderate Buy” and a consensus price target of $118.00.

EnerSys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) 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, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.