U.S. stocks surged last week, driven by optimism about the economy and expectations for interest rate cuts. The S&P 500 and Dow Jones Industrial Average saw their largest weekly gains since early November, while the Nasdaq Composite posted its best performance since December. This rally followed data showing core inflationary pressures easing and increased expectations for rate cuts by the Federal Reserve.On Friday, the Dow Jones Industrial Average climbed 334.70 points, closing at 43,487.83, marking a 0.78 ...

After reaching an important support level, EnerSys (ENS) could be a good stock pick from a technical perspective. ENS surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.ENS has rallied 6.3 ...

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EnerSys (NYSE: ENS ) is an interesting under-the-radar stock with robust fundamentals. The company is amid favorable secular trends as the demand for energy storage is expanding with the global transition to cleaner energy. ENSWith a decade at a Big 4 audit firm specializing in the banking, mining, and energy sectors, I bring a strong foundation in finance and strategy. Currently, I serve as the Head of Finance for a leading owner and operator of retail real estate, where I oversee complex financial operati ...

EnerSys (ENS) has been witnessing strength in its Motive power segment, driven by increased sales of maintenance-free thin plate pure lead and lithium products. The segment’s revenues increased 3% year over year in the second quarter of fiscal 2025 (ended September 2024). Management expects the Motive Power segment will benefit from strength in the automation and electrification markets. Solid momentum in the aerospace and defense end markets is aiding the Specialty segment. The segment’s revenues increased ...

Distribution Announcement - E Split Corp. has announced a distribution for Class A shareholders of $0.13 per equity share, payable on January 15, 2025, with a record date of December 31, 2024 [2] - The preferred shareholders will receive a distribution of $0.175 per preferred share, also payable on January 15, 2025, with the same record date of December 31, 2024 [3] Trading Information - Both equity and preferred shares of E Split Corp. are traded on the Toronto Stock Exchange under the symbols ENS and ENS.PR.A respectively [2]

Enersys (ENS) , on Dec. 17, updated its previously provided third-quarter fiscal 2025 outlook, considering the impact of incremental benefits related to the Advanced Manufacturing Production Credit - Section 45X of the Internal Revenue Code. The company expects that the U.S. Treasury Department’s final regulations for certain direct material input costs will result in higher benefits associated with the tax credits.The company currently anticipates annual tax credits, which are noted as a decrease in the co ...

Enersys (ENS) reported second-quarter fiscal 2025 (ended Sept. 30, 2024) adjusted earnings of $2.12 per share, which surpassed the Zacks Consensus Estimate of $2.07. The bottom line increased 15% year over year.Enersys’ net sales of $883.7 million missed the consensus estimate of $887 million. The top line declined 1.9% year over year due to headwinds in communications and transportation markets.  Organic sales decreased 3%. While acquisitions boosted sales by 2%, price/mix had an adverse impact of 1%.Stay ...

For the quarter ended September 2024, EnerSys (ENS) reported revenue of $883.7 million, down 1.9% over the same period last year. EPS came in at $2.12, compared to $1.84 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $887.31 million, representing a surprise of -0.41%. The company delivered an EPS surprise of +2.42%, with the consensus EPS estimate being $2.07.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

EnerSys (ENS) came out with quarterly earnings of $2.12 per share, beating the Zacks Consensus Estimate of $2.07 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.42%. A quarter ago, it was expected that this maker of industrial batteries would post earnings of $1.97 per share when it actually produced earnings of $1.98, delivering a surprise of 0.51%.Over the last four quarters, t ...