EnerSys (NYSE:ENS – Get Free Report) released its quarterly earnings results on Wednesday. The industrial products company reported $1.98 EPS for the quarter, topping analysts’ consensus estimates of $1.97 by $0.01, Briefing.com reports. EnerSys had a return on equity of 20.21% and a net margin of 7.51%. The business had revenue of $852.90 million for the quarter, compared to analyst estimates of $877.52 million. During the same period in the prior year, the company earned $1.89 EPS. EnerSys’s revenue for the quarter was down 6.1% on a year-over-year basis.
EnerSys Trading Up 0.4 %
Shares of NYSE ENS traded up $0.38 during midday trading on Friday, hitting $94.30. The stock had a trading volume of 205,234 shares, compared to its average volume of 247,164. The firm has a market cap of $3.79 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 0.67 and a beta of 1.28. EnerSys has a fifty-two week low of $83.27 and a fifty-two week high of $112.53. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.46 and a quick ratio of 1.50. The company’s 50-day simple moving average is $104.27 and its 200 day simple moving average is $97.62.
EnerSys Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 1.02%. The ex-dividend date is Monday, September 16th. This is a boost from EnerSys’s previous quarterly dividend of $0.23. EnerSys’s payout ratio is 14.77%.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on ENS
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.
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