EnerSys (NYSE:ENS) Releases Q3 Earnings Guidance

EnerSys (NYSE:ENS) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $2.20-$2.30 for the period, compared to the consensus 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.

EnerSys Stock Performance

NYSE ENS traded up $1.72 on Friday, hitting $97.44. 400,031 shares of the stock traded hands, compared to its average volume of 209,899. The business’s fifty day moving average is $99.79 and its two-hundred day moving average is $100.68. The firm has a market capitalization of $3.92 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 0.63 and a beta of 1.24. EnerSys has a 12 month low of $83.27 and a 12 month high of $112.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.66 and a current ratio of 2.70.

EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $891.78 million. During the same period in the previous year, the business posted $1.84 earnings per share. EnerSys’s revenue for the quarter was down 1.9% on a year-over-year basis. As a group, equities analysts anticipate that EnerSys will post 8.93 EPS for the current fiscal year.

EnerSys Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be issued a dividend of $0.24 per share. 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 dividend payout ratio is presently 13.60%.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on ENS. Roth Mkm reaffirmed a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research note on Monday, September 23rd. Roth Capital upgraded shares of EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Finally, StockNews.com cut shares of EnerSys from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 15th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $118.00.

Insider Transactions at EnerSys

In other EnerSys news, insider Chad C. Uplinger sold 500 shares of EnerSys stock in a transaction on Friday, August 30th. The shares were sold at an average price of $100.87, for a total value of $50,435.00. Following the completion of the transaction, the insider now owns 17,175 shares of the company’s stock, valued at approximately $1,732,442.25. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO David M. Shaffer sold 17,600 shares of the firm’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 transaction of $1,761,408.00. Following the completion of the sale, the chief executive officer now owns 226,540 shares in the company, valued at $22,672,123.20. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Chad C. Uplinger sold 500 shares of the company’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $100.87, for a total transaction of $50,435.00. Following the completion of the transaction, the insider now owns 17,175 shares in the company, valued at approximately $1,732,442.25. This 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 have sold 22,700 shares of company stock worth $2,271,843. Insiders own 1.61% of the company’s stock.

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.