EnerSys (NYSE:ENS) Issues Q3 Earnings Guidance

EnerSys (NYSE:ENS) updated its third quarter earnings guidance on Wednesday. The company provided EPS guidance of $2.20-$2.30 for the period, compared to the consensus EPS estimate of $2.31. The company issued revenue guidance of $920-$960 million, compared to the consensus revenue estimate of $962.20 million. EnerSys also updated its FY 2025 guidance to 8.750-9.050 EPS.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ENS shares. Roth Mkm reiterated a “buy” rating and set a $120.00 price objective on shares of EnerSys in a report on Monday, September 23rd. StockNews.com cut EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Finally, Roth Capital raised shares of EnerSys to a “strong-buy” rating in a report on Tuesday, August 27th. Two equities 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 company. According to MarketBeat, EnerSys has a consensus rating of “Moderate Buy” and an average price target of $118.00.

EnerSys Price Performance

Shares of ENS traded up $1.72 during trading hours on Friday, hitting $97.44. 400,031 shares of the company were exchanged, compared to its average volume of 209,899. The firm has a fifty day simple moving average of $99.79 and a 200-day simple moving average of $100.68. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.70 and a quick ratio of 1.66. The company has a market capitalization of $3.92 billion, a PE ratio of 13.80, a PEG ratio of 0.63 and a beta of 1.24. EnerSys has a one year low of $83.27 and a one year high of $112.53.

EnerSys (NYSE:ENS) last posted its quarterly earnings results on Wednesday, November 6th. The industrial products company reported $2.12 EPS for the quarter, topping the consensus estimate of $2.07 by $0.05. EnerSys had a net margin of 8.25% and a return on equity of 20.25%. The business had revenue of $883.70 million during the quarter, compared to analysts’ expectations of $891.78 million. During the same period last year, the company posted $1.84 earnings per share. The firm’s quarterly revenue was down 1.9% compared to the same quarter last year. As a group, sell-side analysts predict that EnerSys will post 8.93 earnings per share for the current year.

EnerSys Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be paid a $0.24 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.96 dividend on an annualized basis and a yield of 0.99%. EnerSys’s payout ratio is presently 13.60%.

Insider Activity

In related news, CEO David M. Shaffer sold 2,400 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $100.00, for a total transaction of $240,000.00. Following the completion of the transaction, the chief executive officer now owns 244,140 shares in the company, valued at $24,414,000. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other EnerSys news, CEO David M. Shaffer sold 17,600 shares of the company’s stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $100.08, for a total value of $1,761,408.00. Following the completion of the sale, the chief executive officer now owns 226,540 shares of the company’s stock, valued at approximately $22,672,123.20. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David M. Shaffer sold 2,400 shares of the stock in a transaction dated Monday, August 26th. The stock was 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 $24,414,000. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,700 shares of company stock valued at $2,271,843. Insiders own 1.61% of the company’s stock.

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.