Enersys Sees Unusually High Options Volume (NYSE:ENS)

Enersys (NYSE:ENSGet Free Report) saw unusually large options trading on Monday. Stock investors bought 4,579 call options on the company. This represents an increase of approximately 1,972% compared to the typical daily volume of 221 call options.

Enersys Stock Down 0.0%

Shares of ENS traded down $0.03 during trading on Monday, reaching $178.09. The company’s stock had a trading volume of 57,248 shares, compared to its average volume of 482,629. The company has a market cap of $6.42 billion, a price-to-earnings ratio of 19.06, a P/E/G ratio of 0.89 and a beta of 1.21. The company has a quick ratio of 1.83, a current ratio of 2.80 and a debt-to-equity ratio of 0.51. The company has a fifty day moving average of $188.34 and a two-hundred day moving average of $198.80. Enersys has a twelve month low of $108.18 and a twelve month high of $244.30.

Enersys (NYSE:ENSGet Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The industrial products company reported $3.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.83. The business had revenue of $935.64 million during the quarter, compared to analyst estimates of $928.01 million. Enersys had a net margin of 9.29% and a return on equity of 24.02%. The business’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.08 earnings per share. Enersys has set its Q2 2027 guidance at 1.950-2.050 EPS. On average, sell-side analysts predict that Enersys will post 13.41 EPS for the current fiscal year.

Enersys Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 2nd. Stockholders of record on Friday, September 18th will be given a $0.2875 dividend. This represents a $1.15 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, September 18th. This is an increase from Enersys’s previous quarterly dividend of $0.26. Enersys’s payout ratio is presently 12.31%.

Hedge Funds Weigh In On Enersys

Large investors have recently modified their holdings of the stock. Global Retirement Partners LLC bought a new stake in Enersys in the second quarter valued at about $34,000. Leonteq Securities AG acquired a new position in shares of Enersys in the 4th quarter worth approximately $37,000. Quantbot Technologies LP acquired a new position in shares of Enersys in the 2nd quarter worth approximately $39,000. Rockefeller Capital Management L.P. increased its holdings in shares of Enersys by 196.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 365 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 242 shares during the last quarter. Finally, Employees Retirement System of Texas acquired a new stake in shares of Enersys during the 4th quarter valued at approximately $55,000. Institutional investors own 94.93% of the company’s stock.

Analysts Set New Price Targets

ENS has been the subject of a number of recent research reports. Wall Street Zen upgraded Enersys from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 15th. BTIG Research reiterated a “buy” rating and set a $280.00 price objective on shares of Enersys in a research note on Thursday, August 13th. Zacks Research raised shares of Enersys from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Oppenheimer restated an “outperform” rating on shares of Enersys in a research note on Friday, August 14th. Finally, Weiss Ratings downgraded shares of Enersys from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company’s stock. According to data from MarketBeat.com, Enersys currently has a consensus rating of “Buy” and a consensus target price of $265.00.

Check Out Our Latest Stock Report on ENS

Enersys Company Profile

(Get Free Report)

EnerSys (NYSE: ENS) is a global provider of stored energy solutions. The company designs, manufactures and distributes industrial batteries, battery chargers, power conversion equipment and energy management systems for applications that require reliable backup, motive and portable power.

Its products serve a range of markets, including telecommunications, data centers, utilities, industrial facilities, transportation, material handling, aerospace and defense. EnerSys offers lead-acid and lithium-ion battery technologies, as well as related chargers, enclosures, monitoring systems and service programs.

Further Reading

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