Wall Street analysts forecast that EnerSys (NYSE:ENS) will announce earnings per share of $1.42 for the current quarter, according to Zacks. Two analysts have provided estimates for EnerSys’ earnings. The highest EPS estimate is $1.42 and the lowest is $1.41. EnerSys posted earnings per share of $1.24 in the same quarter last year, which would suggest a positive year-over-year growth rate of 14.5%. The firm is expected to announce its next earnings results after the market closes on Wednesday, May 29th.

On average, analysts expect that EnerSys will report full-year earnings of $4.93 per share for the current financial year, with EPS estimates ranging from $4.92 to $4.94. For the next year, analysts anticipate that the business will report earnings of $6.12 per share, with EPS estimates ranging from $6.10 to $6.13. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow EnerSys.

A number of equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of EnerSys from a “sell” rating to a “hold” rating in a research report on Tuesday, April 9th. ValuEngine cut shares of EnerSys from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. EnerSys currently has a consensus rating of “Buy” and a consensus price target of $93.55.

Shares of ENS traded up $0.33 during mid-day trading on Thursday, reaching $63.64. The company’s stock had a trading volume of 139 shares, compared to its average volume of 358,865. The firm has a market capitalization of $2.70 billion, a P/E ratio of 13.69, a PEG ratio of 1.02 and a beta of 1.32. EnerSys has a 1 year low of $61.98 and a 1 year high of $89.83. The company has a quick ratio of 2.00, a current ratio of 2.91 and a debt-to-equity ratio of 0.83.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of EnerSys by 2.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,584 shares of the industrial products company’s stock worth $494,000 after buying an additional 188 shares during the last quarter. Oregon Public Employees Retirement Fund increased its stake in EnerSys by 1.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 16,826 shares of the industrial products company’s stock worth $1,306,000 after acquiring an additional 194 shares during the last quarter. Retirement Systems of Alabama increased its stake in EnerSys by 0.4% during the fourth quarter. Retirement Systems of Alabama now owns 54,648 shares of the industrial products company’s stock worth $4,241,000 after acquiring an additional 212 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. increased its stake in EnerSys by 109.2% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 523 shares of the industrial products company’s stock worth $35,000 after acquiring an additional 273 shares during the last quarter. Finally, Connable Office Inc. increased its stake in EnerSys by 5.6% during the first quarter. Connable Office Inc. now owns 5,363 shares of the industrial products company’s stock worth $349,000 after acquiring an additional 283 shares during the last quarter. 93.54% of the stock is currently owned by institutional investors.

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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Earnings History and Estimates for EnerSys (NYSE:ENS)

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