Enersys (NYSE:ENS) to Release Quarterly Earnings on Wednesday
Enersys (NYSE:ENS) is scheduled to be announcing its earnings results after the market closes on Wednesday, August 9th. Analysts expect the company to announce earnings of $1.13 per share for the quarter.
Enersys (NYSE:ENS) last announced its quarterly earnings data on Tuesday, May 30th. The industrial products company reported $1.28 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.28. Enersys had a return on equity of 19.57% and a net margin of 6.77%. On average, analysts expect Enersys to post $4.89 EPS for the current fiscal year and $5.32 EPS for the next fiscal year.
Enersys (ENS) opened at 73.58 on Tuesday. The company’s 50-day moving average price is $73.16 and its 200-day moving average price is $77.37. Enersys has a one year low of $62.86 and a one year high of $84.74. The firm has a market cap of $3.20 billion, a price-to-earnings ratio of 20.21 and a beta of 1.65.
Several analysts recently commented on ENS shares. Zacks Investment Research cut Enersys from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Oppenheimer Holdings, Inc. restated an “outperform” rating and issued a $92.00 target price (down from $95.00) on shares of Enersys in a research report on Friday, June 2nd. ValuEngine upgraded Enersys from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub upgraded Enersys from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $84.33.
In other news, insider Holger P. Aschke sold 3,000 shares of Enersys stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $81.00, for a total transaction of $243,000.00. Following the transaction, the insider now directly owns 28,928 shares in the company, valued at approximately $2,343,168. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, VP Kerry M. Kane sold 4,413 shares of Enersys stock in a transaction on Wednesday, May 24th. The shares were sold at an average price of $82.16, for a total value of $362,572.08. Following the transaction, the vice president now owns 17,210 shares in the company, valued at $1,413,973.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 7,676 shares of company stock worth $627,462. 1.40% of the stock is owned by insiders.
EnerSys is a manufacturer, marketer and distributor of industrial batteries. The Company manufactures, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries.
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