News articles about Enersys (NYSE:ENS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enersys earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 46.4713979897028 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Enersys (NYSE:ENS) opened at $68.75 on Friday. The stock has a market cap of $3.05 billion, a PE ratio of 14.86, a PEG ratio of 2.51 and a beta of 1.70. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.40 and a current ratio of 3.23.
Enersys (NYSE:ENS) last announced its quarterly earnings data on Wednesday, August 9th. The industrial products company reported $1.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.13 by ($0.01). The firm had revenue of $622.60 million for the quarter, compared to the consensus estimate of $615.77 million. Enersys had a net margin of 6.86% and a return on equity of 18.90%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.14 earnings per share. analysts anticipate that Enersys will post 4.68 EPS for the current year.
Enersys announced that its Board of Directors has approved a stock buyback plan on Wednesday, August 9th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the industrial products company to repurchase up to 3.2% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.
ENS has been the subject of a number of recent analyst reports. Sidoti raised shares of Enersys from a “neutral” rating to a “buy” rating and set a $83.00 price target for the company in a research note on Thursday, August 17th. Oppenheimer Holdings, Inc. reaffirmed a “buy” rating and set a $82.00 price target (down from $92.00) on shares of Enersys in a research note on Wednesday, August 9th. Zacks Investment Research raised shares of Enersys from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th. ValuEngine cut shares of Enersys from a “buy” rating to a “hold” rating in a research report on Saturday, August 26th. Finally, BidaskClub raised shares of Enersys from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 2nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $80.00.
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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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