EnerSys (NYSE:ENS) Releases FY25 Earnings Guidance

EnerSys (NYSE:ENS) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $9.65-9.95 for the period, compared to the consensus estimate of $8.85. EnerSys also updated its Q3 guidance to $3.00-3.10 EPS.

EnerSys Price Performance

EnerSys stock traded down $1.25 during midday trading on Tuesday, hitting $91.53. The company’s stock had a trading volume of 265,566 shares, compared to its average volume of 247,903. EnerSys has a 12 month low of $86.41 and a 12 month high of $112.53. The company has a quick ratio of 1.87, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. The stock’s 50-day moving average price is $98.05 and its 200-day moving average price is $100.50. The company has a market capitalization of $3.64 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 0.60 and a beta of 1.22.

EnerSys (NYSE:ENS) last released its earnings results on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, beating the consensus estimate of $2.07 by $0.05. The business had revenue of $883.70 million during the quarter, compared to analyst estimates of $891.78 million. EnerSys had a net margin of 8.25% and a return on equity of 20.04%. The business’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.84 earnings per share. Analysts anticipate that EnerSys will post 8.86 earnings per share for the current fiscal year.

EnerSys Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date is Friday, December 13th. EnerSys’s payout ratio is 13.60%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Roth Capital raised EnerSys to a “strong-buy” rating in a report on Tuesday, August 27th. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Finally, Roth Mkm restated a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research report on Monday, September 23rd. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $118.00.

Insiders Place Their Bets

In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $100.01, for a total value of $2,000,200.00. Following the transaction, the chief executive officer now owns 206,724 shares in the company, valued at approximately $20,674,467.24. This represents a 8.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.61% of the company’s stock.

About EnerSys

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.