EnerSys (ENS) Expected to Post Earnings of $1.25 Per Share
Equities analysts expect that EnerSys (NYSE:ENS) will post earnings per share (EPS) of $1.25 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for EnerSys’ earnings. EnerSys also posted earnings per share of $1.25 in the same quarter last year. The company is scheduled to issue its next earnings results on Wednesday, February 6th.
On average, analysts expect that EnerSys will report full year earnings of $5.14 per share for the current year, with EPS estimates ranging from $5.11 to $5.16. For the next year, analysts expect that the firm will report earnings of $6.01 per share, with EPS estimates ranging from $5.99 to $6.03. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow EnerSys.
EnerSys (NYSE:ENS) last announced its earnings results on Wednesday, November 7th. The industrial products company reported $1.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.16 by $0.01. The company had revenue of $660.50 million during the quarter, compared to analysts’ expectations of $659.18 million. EnerSys had a net margin of 4.54% and a return on equity of 17.46%. EnerSys’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 earnings per share.
In related news, insider Myles Jones sold 13,460 shares of the company’s stock in a transaction dated Wednesday, August 22nd. The shares were sold at an average price of $80.29, for a total transaction of $1,080,703.40. Following the completion of the sale, the insider now owns 49,102 shares of the company’s stock, valued at $3,942,399.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.50% of the company’s stock.
Hedge funds have recently bought and sold shares of the company. First Hawaiian Bank acquired a new position in shares of EnerSys in the third quarter valued at approximately $175,000. Hartford Investment Management Co. acquired a new stake in shares of EnerSys during the 3rd quarter worth approximately $209,000. Ifrah Financial Services Inc. acquired a new stake in shares of EnerSys during the 2nd quarter worth approximately $210,000. Parametrica Management Ltd bought a new position in shares of EnerSys in the 3rd quarter worth $210,000. Finally, Capital One National Association bought a new position in shares of EnerSys in the 2nd quarter worth $212,000. 98.65% of the stock is owned by hedge funds and other institutional investors.
Shares of EnerSys stock traded down $3.02 during trading on Tuesday, reaching $81.06. The company’s stock had a trading volume of 276,500 shares, compared to its average volume of 208,913. The stock has a market cap of $3.62 billion, a PE ratio of 17.44, a PEG ratio of 1.67 and a beta of 1.41. EnerSys has a 52 week low of $62.85 and a 52 week high of $89.72. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.53 and a current ratio of 3.40.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 28th. Investors of record on Friday, December 14th will be given a dividend of $0.175 per share. The ex-dividend date is Thursday, December 13th. This represents a $0.70 annualized dividend and a yield of 0.86%. EnerSys’s dividend payout ratio is 15.05%.
EnerSys Company Profile
EnerSys manufactures, markets, and distributes industrial batteries. The company offers battery chargers, power equipment, battery accessories, and outdoor cabinet enclosures, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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