Analysts predict that EnerSys (NYSE:ENS) will report $670.70 million in sales for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for EnerSys’ earnings, with estimates ranging from $652.40 million to $689.00 million. EnerSys reported sales of $626.80 million in the same quarter last year, which indicates a positive year over year growth rate of 7%. The business is scheduled to issue its next earnings results on Thursday, May 3rd.
On average, analysts expect that EnerSys will report full year sales of $2.57 billion for the current year, with estimates ranging from $2.55 billion to $2.59 billion. For the next fiscal year, analysts expect that the firm will report sales of $2.66 billion per share, with estimates ranging from $2.63 billion to $2.69 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover EnerSys.
EnerSys (NYSE:ENS) last issued its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.14 by $0.11. EnerSys had a return on equity of 18.02% and a net margin of 3.94%. The firm had revenue of $658.90 million during the quarter, compared to analyst estimates of $634.75 million. During the same quarter in the prior year, the business posted $1.18 EPS. The business’s revenue for the quarter was up 16.9% compared to the same quarter last year.
Shares of ENS traded down $0.24 during midday trading on Friday, hitting $70.39. 105,965 shares of the company’s stock traded hands, compared to its average volume of 224,407. EnerSys has a 1 year low of $61.33 and a 1 year high of $84.74. The company has a current ratio of 3.47, a quick ratio of 2.53 and a debt-to-equity ratio of 0.61. The firm has a market cap of $3,006.21, a PE ratio of 14.82, a P/E/G ratio of 1.36 and a beta of 1.47.
The company also recently announced a quarterly dividend, which was paid on Friday, March 30th. Investors of record on Friday, March 16th were paid a $0.175 dividend. The ex-dividend date of this dividend was Thursday, March 15th. This represents a $0.70 dividend on an annualized basis and a yield of 0.99%. EnerSys’s dividend payout ratio (DPR) is 14.74%.
A number of hedge funds have recently modified their holdings of the stock. Xact Kapitalforvaltning AB purchased a new position in EnerSys in the 4th quarter worth $322,000. Segall Bryant & Hamill LLC raised its stake in EnerSys by 12.5% in the 4th quarter. Segall Bryant & Hamill LLC now owns 81,791 shares of the industrial products company’s stock worth $5,695,000 after acquiring an additional 9,093 shares during the last quarter. MetLife Investment Advisors LLC purchased a new position in EnerSys in the 4th quarter worth $3,180,000. Glenmede Trust Co. NA raised its stake in EnerSys by 28.4% in the 4th quarter. Glenmede Trust Co. NA now owns 545,057 shares of the industrial products company’s stock worth $37,951,000 after acquiring an additional 120,698 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in EnerSys by 75.1% in the 4th quarter. Jane Street Group LLC now owns 9,396 shares of the industrial products company’s stock worth $654,000 after acquiring an additional 4,031 shares during the last quarter. Institutional investors own 97.18% of the company’s stock.
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EnerSys Company Profile
EnerSys manufactures, markets, and distributes industrial batteries. The company offers chargers, outdoor cabinet enclosures, power equipment, and battery accessories, as well as related after-market and customer-support services for industrial batteries. It also provides reserve power products that are used for backup power for the continuous operation of critical applications in telecommunications systems, uninterruptible power systems applications for computer and computer-controlled systems, and other specialty power applications, including medical and security systems, premium starting, lighting, and ignition applications, as well as in switchgear, electrical control systems used in electric utilities, large-scale energy storage, energy pipelines, commercial aircraft, satellites, military aircraft, submarines, ships, and tactical vehicles.
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