Enersys (NYSE:ENS – Get Free Report) announced a quarterly dividend on Wednesday, February 4th. Shareholders of record on Friday, March 13th will be given a dividend of 0.2625 per share by the industrial products company on Friday, March 27th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th.
Enersys has raised its dividend by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 2 years. Enersys has a dividend payout ratio of 10.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Enersys to earn $10.31 per share next year, which means the company should continue to be able to cover its $1.05 annual dividend with an expected future payout ratio of 10.2%.
Enersys Stock Performance
Shares of ENS stock opened at $172.26 on Thursday. Enersys has a 52-week low of $76.57 and a 52-week high of $194.77. The company has a quick ratio of 1.73, a current ratio of 2.77 and a debt-to-equity ratio of 0.63. The stock has a market cap of $6.36 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 1.23 and a beta of 1.11. The business has a 50-day simple moving average of $157.97 and a 200-day simple moving average of $128.05.
Wall Street Analysts Forecast Growth
ENS has been the subject of several research analyst reports. BTIG Research raised Enersys from a “neutral” rating to a “buy” rating in a research note on Monday, December 15th. Roth Mkm restated a “buy” rating on shares of Enersys in a report on Tuesday. Zacks Research cut Enersys from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 6th. Oppenheimer reiterated an “outperform” rating on shares of Enersys in a report on Friday, November 7th. Finally, Wall Street Zen lowered shares of Enersys from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 31st. Four equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $129.00.
View Our Latest Analysis on ENS
Enersys Company Profile
Enersys, headquartered in Reading, Pennsylvania, is a global leader in stored energy solutions, specializing in manufacturing and distributing industrial batteries, battery chargers, power equipment, and related accessories. The company serves a diverse range of end markets, including telecommunications, data centers, medical, aerospace, defense, electric vehicle motive power, and utility outcomes. Its products are engineered to deliver critical reserve power and motive power applications across key infrastructure and industrial sectors.
The company’s product portfolio encompasses lead-acid batteries, lithium-ion energy storage systems, chargers, inverters, power management software, and a broad array of battery accessories.
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