EnerSys (ENS) Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnerSys in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" ENS shares.
View ENS analyst ratings or view top-rated stocks.

2 brokers have issued 1 year price objectives for EnerSys' shares. Their ENS share price forecasts range from $117.00 to $137.00. On average, they expect the company's stock price to reach $126.33 in the next year. This suggests a possible upside of 33.4% from the stock's current price.
View analysts price targets for ENS or view top-rated stocks among Wall Street analysts.

EnerSys' stock was trading at $73.84 on January 1st, 2023. Since then, ENS stock has increased by 28.3% and is now trading at $94.71.
View the best growth stocks for 2023 here.

EnerSys saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 573,100 shares, a decrease of 29.1% from the June 15th total of 808,200 shares. Based on an average daily volume of 250,100 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.4% of the company's stock are sold short.
View EnerSys' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our ENS earnings forecast.

EnerSys (NYSE:ENS) posted its quarterly earnings results on Wednesday, August, 9th. The industrial products company reported $1.89 EPS for the quarter, beating analysts' consensus estimates of $1.80 by $0.09. The industrial products company had revenue of $908.60 million for the quarter, compared to analyst estimates of $968.70 million. EnerSys had a net margin of 5.69% and a trailing twelve-month return on equity of 16.17%. The firm's revenue was up 1.1% on a year-over-year basis. During the same period last year, the business posted $1.15 earnings per share.

EnerSys announced a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.225 per share on Friday, September 29th. This represents a $0.90 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for ENS.

ETFs with the largest weight of EnerSys (NYSE:ENS) stock in their portfolio include SoFi Smart Energy ETF (ENRG), SoFi Smart Energy ETF (SHFT), Procure Disaster Recovery Strategy ETF (FIXT), Procure Disaster Recovery Strategy ETF (FEMA), Global X Lithium & Battery Tech ETF (LIT), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), WisdomTree Battery Value Chain and Innovation Fund (WBAT) and Strategy Shares Halt Climate Change ETF (NZRO).

EnerSys (NYSE:ENS) pays an annual dividend of $0.70 per share and currently has a dividend yield of 0.74%. The dividend payout ratio is 13.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENS will have a dividend payout ratio of 7.74% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ENS.

EnerSys updated its second quarter 2024 earnings guidance on Thursday, August, 10th. The company provided earnings per share guidance of $1.77-$1.87 for the period, compared to the consensus EPS estimate of $1.80. The company issued revenue guidance of -.

60 employees have rated EnerSys Chief Executive Officer David M. Shaffer on Glassdoor.com. David M. Shaffer has an approval rating of 38% among the company's employees. This puts David M. Shaffer in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other EnerSys investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA), Intel (INTC), Cisco Systems (CSCO), QUALCOMM (QCOM), Alibaba Group (BABA), Micron Technology (MU), Verizon Communications (VZ) and AbbVie (ABBV).

EnerSys trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENS."

EnerSys' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.91%), Dimensional Fund Advisors LP (4.08%), Earnest Partners LLC (3.07%), Principal Financial Group Inc. (2.20%), Geode Capital Management LLC (1.98%) and Bank of New York Mellon Corp (1.93%). Insiders that own company stock include Andrew M Zogby, Andrew M Zogby, David M Shaffer and Shawn M O'connell.
View institutional ownership trends.

Shares of ENS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENS stock can currently be purchased for approximately $94.71.

EnerSys (NYSE:ENS) has a market capitalization of $3.89 billion and generates $3.71 billion in revenue each year. The industrial products company earns $175.81 million in net income (profit) each year or $5.11 on an earnings per share basis.

The company employs 11,350 workers across the globe.

EnerSys' mailing address is 2366 BERNVILLE ROAD, READING PA, 19605. The official website for the company is www.enersys.com. The industrial products company can be reached via phone at (610) 208-1991, via email at investorrelations@enersys.com, or via fax at 610-372-8457.