Shares of Enersys (NYSE:ENS) have received an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $85.00.
A number of equities research analysts have recently weighed in on ENS shares. Oppenheimer Holdings, Inc. set a $95.00 target price on Enersys and gave the stock a “buy” rating in a research report on Tuesday, March 21st. Zacks Investment Research cut Enersys from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, ValuEngine raised Enersys from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
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Enersys (ENS) opened at 71.76 on Wednesday. The company has a market cap of $3.12 billion, a PE ratio of 19.71 and a beta of 1.65. The stock has a 50 day moving average price of $77.75 and a 200 day moving average price of $78.52. Enersys has a 1-year low of $60.66 and a 1-year high of $84.74.
Enersys (NYSE:ENS) last released its earnings results on Tuesday, May 30th. The industrial products company reported $1.28 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.28. Enersys had a return on equity of 19.57% and a net margin of 6.77%. Equities analysts forecast that Enersys will post $4.96 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Investors of record on Friday, June 16th were paid a dividend of $0.175 per share. The ex-dividend date was Wednesday, June 14th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.98%. Enersys’s dividend payout ratio (DPR) is presently 19.23%.
In other Enersys news, insider Holger P. Aschke sold 3,000 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $81.00, for a total value of $243,000.00. Following the completion of the transaction, the insider now directly owns 28,928 shares of the company’s stock, valued at $2,343,168. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Kerry M. Kane sold 4,413 shares of the business’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of $82.16, for a total value of $362,572.08. Following the completion of the transaction, the vice president now directly owns 17,210 shares of the company’s stock, valued at $1,413,973.60. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,676 shares of company stock valued at $627,462. 1.40% of the stock is owned by insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Interstate Bank raised its stake in shares of Enersys by 0.4% in the first quarter. First Interstate Bank now owns 2,375 shares of the industrial products company’s stock worth $187,000 after buying an additional 10 shares during the period. Engineers Gate Manager LP purchased a new stake in shares of Enersys during the first quarter worth approximately $205,000. World Asset Management Inc raised its stake in shares of Enersys by 0.9% in the first quarter. World Asset Management Inc now owns 2,669 shares of the industrial products company’s stock worth $211,000 after buying an additional 25 shares during the period. Highbridge Capital Management LLC purchased a new stake in shares of Enersys during the fourth quarter worth approximately $216,000. Finally, LS Investment Advisors LLC raised its stake in shares of Enersys by 11.8% in the first quarter. LS Investment Advisors LLC now owns 3,371 shares of the industrial products company’s stock worth $266,000 after buying an additional 357 shares during the period. 94.69% of the stock is owned by hedge funds and other institutional investors.
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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