Equities analysts forecast that EnerSys (NYSE:ENS) will announce sales of $758.35 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for EnerSys’ earnings. The highest sales estimate is $762.00 million and the lowest is $754.70 million. EnerSys reported sales of $660.50 million during the same quarter last year, which indicates a positive year over year growth rate of 14.8%. The company is scheduled to report its next quarterly earnings results after the market closes on Wednesday, November 6th.
On average, analysts expect that EnerSys will report full-year sales of $3.19 billion for the current financial year, with estimates ranging from $3.17 billion to $3.20 billion. For the next fiscal year, analysts anticipate that the business will post sales of $3.40 billion, with estimates ranging from $3.40 billion to $3.41 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for EnerSys.
EnerSys (NYSE:ENS) last announced its quarterly earnings results on Wednesday, August 7th. The industrial products company reported $1.30 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.32 by ($0.02). EnerSys had a return on equity of 17.13% and a net margin of 5.58%. The business had revenue of $780.20 million for the quarter, compared to analyst estimates of $819.86 million. During the same quarter last year, the company earned $1.17 EPS. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year.
NYSE:ENS traded up $1.45 during midday trading on Thursday, reaching $68.45. The stock had a trading volume of 123,031 shares, compared to its average volume of 252,856. EnerSys has a 1-year low of $53.56 and a 1-year high of $89.83. The firm’s fifty day simple moving average is $64.14 and its 200-day simple moving average is $63.88. The company has a debt-to-equity ratio of 0.75, a current ratio of 2.54 and a quick ratio of 1.67. The stock has a market capitalization of $2.85 billion, a P/E ratio of 13.88, a PEG ratio of 1.29 and a beta of 1.59.
The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Friday, September 13th were issued a dividend of $0.175 per share. This represents a $0.70 annualized dividend and a yield of 1.02%. The ex-dividend date was Thursday, September 12th. EnerSys’s dividend payout ratio is currently 14.20%.
A number of hedge funds have recently made changes to their positions in ENS. HGK Asset Management Inc. increased its position in EnerSys by 33.0% in the 3rd quarter. HGK Asset Management Inc. now owns 7,085 shares of the industrial products company’s stock valued at $617,000 after acquiring an additional 1,759 shares in the last quarter. Foundry Partners LLC increased its position in EnerSys by 9.2% in the 3rd quarter. Foundry Partners LLC now owns 152,340 shares of the industrial products company’s stock valued at $10,045,000 after acquiring an additional 12,874 shares in the last quarter. Brinker Capital Inc. acquired a new stake in EnerSys in the 3rd quarter valued at about $254,000. Smith Graham & Co. Investment Advisors LP increased its position in EnerSys by 0.6% in the 3rd quarter. Smith Graham & Co. Investment Advisors LP now owns 113,546 shares of the industrial products company’s stock valued at $7,487,000 after acquiring an additional 630 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in EnerSys by 4.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 28,516 shares of the industrial products company’s stock valued at $1,880,000 after acquiring an additional 1,095 shares in the last quarter. 96.00% of the stock is owned by hedge funds and other institutional investors.
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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