$1.15 Earnings Per Share Expected for EnerSys (ENS) This Quarter

Brokerages expect EnerSys (NYSE:ENS) to report $1.15 earnings per share (EPS) for the current quarter, according to Zacks. Two analysts have provided estimates for EnerSys’ earnings. The lowest EPS estimate is $1.13 and the highest is $1.16. EnerSys posted earnings of $1.05 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The business is expected to issue its next earnings report on Wednesday, November 14th.

According to Zacks, analysts expect that EnerSys will report full-year earnings of $5.30 per share for the current fiscal year, with EPS estimates ranging from $5.14 to $5.46. For the next fiscal year, analysts expect that the firm will post earnings of $5.73 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow EnerSys.

EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, August 8th. The industrial products company reported $1.17 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.17. The company had revenue of $670.90 million during the quarter, compared to the consensus estimate of $649.63 million. EnerSys had a net margin of 4.46% and a return on equity of 17.30%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.12 earnings per share.

Several brokerages have recently commented on ENS. Zacks Investment Research downgraded shares of EnerSys from a “hold” rating to a “sell” rating in a report on Tuesday, July 31st. TheStreet upgraded shares of EnerSys from a “c+” rating to a “b+” rating in a report on Thursday, May 31st. Finally, Sidoti upgraded shares of EnerSys from a “neutral” rating to a “buy” rating in a report on Monday, May 7th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. EnerSys has a consensus rating of “Hold” and a consensus price target of $81.33.

Shares of ENS stock traded down $1.18 on Friday, hitting $75.61. The stock had a trading volume of 152,811 shares, compared to its average volume of 192,850. The company has a market cap of $3.23 billion, a P/E ratio of 16.26, a P/E/G ratio of 1.45 and a beta of 1.53. The company has a debt-to-equity ratio of 0.50, a current ratio of 3.33 and a quick ratio of 2.29. EnerSys has a 12-month low of $61.33 and a 12-month high of $83.00.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 28th. Investors of record on Friday, September 14th will be issued a dividend of $0.175 per share. The ex-dividend date is Thursday, September 13th. This represents a $0.70 dividend on an annualized basis and a yield of 0.93%. EnerSys’s dividend payout ratio (DPR) is presently 15.05%.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Summit Trail Advisors LLC increased its stake in shares of EnerSys by 4,106.5% in the first quarter. Summit Trail Advisors LLC now owns 99,904 shares of the industrial products company’s stock worth $100,000 after purchasing an additional 97,529 shares in the last quarter. Adviser Investments LLC purchased a new position in shares of EnerSys in the first quarter worth about $103,000. Ifrah Financial Services Inc. purchased a new position in shares of EnerSys in the second quarter worth about $210,000. Capital One National Association purchased a new position in shares of EnerSys in the second quarter worth about $212,000. Finally, Bayesian Capital Management LP purchased a new position in shares of EnerSys in the first quarter worth about $236,000. Institutional investors and hedge funds own 95.42% of the company’s stock.

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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