EnerSys (NYSE:ENS) Updates FY25 Earnings Guidance

EnerSys (NYSE:ENS) issued an update on its FY25 earnings guidance on Tuesday morning. 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.

EnerSys Stock Down 1.3 %

Shares of EnerSys stock opened at $91.53 on Wednesday. EnerSys has a 12-month low of $86.41 and a 12-month high of $112.53. The firm has a market capitalization of $3.64 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 0.60 and a beta of 1.22. The company has a quick ratio of 1.87, a current ratio of 2.97 and a debt-to-equity ratio of 0.65. The stock’s fifty day moving average is $97.87 and its 200-day moving average is $100.38.

EnerSys (NYSE:ENS) last released its earnings results on Wednesday, November 6th. The industrial products company reported $2.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.05. The company had revenue of $883.70 million during the quarter, compared to analyst estimates of $891.78 million. EnerSys had a return on equity of 20.04% and a net margin of 8.25%. The company’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.84 earnings per share. Equities analysts anticipate that EnerSys will post 8.86 earnings per share for the current year.

EnerSys Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, December 13th will be paid a $0.24 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.96 annualized dividend and a yield of 1.05%. EnerSys’s dividend payout ratio is presently 13.60%.

Wall Street Analyst Weigh In

ENS has been the subject of a number of research reports. StockNews.com raised EnerSys from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 6th. Roth Mkm reissued a “buy” rating and issued a $120.00 price target on shares of EnerSys in a research note on Monday, September 23rd. Finally, Roth Capital raised shares of EnerSys to a “strong-buy” rating in a research report on Tuesday, August 27th. Two equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $118.00.

Insider Transactions at EnerSys

In related news, CEO David M. Shaffer sold 20,000 shares of the company’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $100.01, for a total transaction of $2,000,200.00. Following the completion of the sale, the chief executive officer now directly owns 206,724 shares of the company’s stock, valued at approximately $20,674,467.24. This represents a 8.82 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.