FY2027 Earnings Forecast for EnerSys Issued By William Blair

EnerSys (NYSE:ENS) – Investment analysts at William Blair lifted their FY2027 earnings estimates for shares of EnerSys in a research note issued on Tuesday, May 27th. William Blair analyst B. Drab now forecasts that the industrial products company will earn $10.83 per share for the year, up from their previous estimate of $10.17. The consensus estimate for EnerSys’ current full-year earnings is $9.99 per share.

EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, May 21st. The industrial products company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.78 by $0.19. EnerSys had a net margin of 9.23% and a return on equity of 20.78%. The business had revenue of $974.80 million for the quarter, compared to analyst estimates of $973.45 million. During the same quarter last year, the business earned $2.08 earnings per share. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year.

Several other equities analysts also recently weighed in on ENS. Roth Mkm reissued a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research note on Wednesday, May 14th. Roth Capital reissued a “buy” rating on shares of EnerSys in a research note on Thursday, May 22nd.

EnerSys Stock Up 0.9%

Shares of NYSE ENS opened at $83.96 on Thursday. The company’s 50-day simple moving average is $88.11 and its 200-day simple moving average is $93.69. The company has a quick ratio of 2.00, a current ratio of 3.06 and a debt-to-equity ratio of 0.69. The firm has a market cap of $3.29 billion, a price-to-earnings ratio of 10.39, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. EnerSys has a 52-week low of $76.57 and a 52-week high of $112.53.

EnerSys Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 27th. Stockholders of record on Friday, June 13th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date is Friday, June 13th. EnerSys’s dividend payout ratio is currently 10.65%.

Insiders Place Their Bets

In other news, CFO Andrea J. Funk purchased 315 shares of the firm’s stock in a transaction that occurred on Friday, May 23rd. The stock was bought at an average price of $80.20 per share, for a total transaction of $25,263.00. Following the completion of the purchase, the chief financial officer now directly owns 50,645 shares of the company’s stock, valued at $4,061,729. The trade was a 0.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.61% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its holdings in shares of EnerSys by 87.2% in the third quarter. Barclays PLC now owns 184,110 shares of the industrial products company’s stock valued at $18,788,000 after acquiring an additional 85,742 shares during the period. Janney Montgomery Scott LLC increased its stake in EnerSys by 12.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 17,502 shares of the industrial products company’s stock valued at $1,618,000 after buying an additional 1,876 shares during the period. KBC Group NV grew its stake in shares of EnerSys by 64.0% during the 4th quarter. KBC Group NV now owns 1,863 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 727 shares during the period. R Squared Ltd acquired a new position in shares of EnerSys during the 4th quarter worth $47,000. Finally, Trust Point Inc. grew its stake in shares of EnerSys by 10.3% during the 4th quarter. Trust Point Inc. now owns 7,526 shares of the industrial products company’s stock worth $696,000 after purchasing an additional 702 shares during the period. Hedge funds and other institutional investors own 94.93% 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.