EnerSys (NYSE:ENS – Get Free Report) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $9.65-9.95 for the period, compared to the consensus estimate of $8.85. EnerSys also updated its Q3 guidance to $3.00-3.10 EPS.
Wall Street Analysts Forecast Growth
ENS has been the subject of a number of recent research reports. Roth Capital upgraded EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. StockNews.com upgraded shares of EnerSys from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Finally, Roth Mkm reissued a “buy” rating and set a $120.00 price objective on shares of EnerSys in a research note on Monday, September 23rd. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, EnerSys presently has a consensus rating of “Buy” and an average target price of $118.00.
Check Out Our Latest Research Report on ENS
EnerSys Stock Performance
EnerSys (NYSE:ENS – Get Free Report) last issued its quarterly earnings data 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 20.04%. The company had revenue of $883.70 million during the quarter, compared to the consensus estimate of $891.78 million. During the same quarter last year, the company earned $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 research analysts expect that EnerSys will post 8.86 earnings per share for the current fiscal year.
EnerSys Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Friday, December 13th. EnerSys’s dividend payout ratio (DPR) is currently 13.60%.
Insider Activity at EnerSys
In other EnerSys news, CEO David M. Shaffer sold 20,000 shares of the stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the transaction, the chief executive officer now owns 206,724 shares of the company’s stock, valued at $20,674,467.24. This trade represents a 8.82 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.61% of the stock is currently owned by corporate insiders.
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.
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