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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 29, 2024 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-32253 EnerSys (Exact name of registrant as specified in its charter) Delaware 23-3058564 (State or other j ...

Core Insights - EnerSys (ENS) is expected to report quarterly earnings of $2.07 per share, a 12.5% increase year-over-year, while revenues are forecasted at $887.31 million, reflecting a 1.5% decrease compared to the previous year [1] Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised downward by 0.3%, indicating a reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics - Analysts project 'Net Sales- Specialty' at $136.79 million, a 10.9% increase year-over-year [5] - 'Net Sales- Motive Power' is expected to reach $369.32 million, indicating a 4% year-over-year increase [5] - The consensus estimate for 'Net Sales- Energy Systems' is $383.28 million, suggesting a 9.3% decrease year-over-year [5] Operating Earnings - The average prediction for 'Operating Earnings- Energy Systems' is $22.92 million, up from $16.80 million in the same quarter last year [6] - 'Operating Earnings- Motive Power' is forecasted at $54.39 million, compared to $49.60 million a year ago [6] - Analysts expect 'Operating Earnings- Specialty' to be $8.44 million, significantly higher than the year-ago figure of $3.30 million [7] Stock Performance - Over the past month, EnerSys shares have declined by 3.5%, while the Zacks S&P 500 composite has decreased by 0.5% [7] - EnerSys holds a Zacks Rank 4 (Sell), suggesting it may underperform the overall market in the near term [7]

The market expects EnerSys (ENS) to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers are ...

Group 1 - EnerSys has consistently surpassed earnings estimates, averaging a 1.74% beat over the last two quarters [1][2] - For the last reported quarter, EnerSys earned $1.98 per share, exceeding the Zacks Consensus Estimate of $1.97 per share by 0.51% [2] - In the previous quarter, the company reported earnings of $2.08 per share against an expectation of $2.02, resulting in a surprise of 2.97% [2] Group 2 - There has been a favorable change in earnings estimates for EnerSys, with a positive Earnings ESP indicating potential for an earnings beat [3][6] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a nearly 70% chance of a positive surprise [4][6] - EnerSys currently has an Earnings ESP of +0.48%, reflecting increased analyst optimism regarding its near-term earnings potential [6] Group 3 - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being more reflective of recent analyst revisions [5] - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [6][7] - It is crucial for investors to check a company's Earnings ESP prior to quarterly releases to enhance the likelihood of successful investment decisions [7]

EnerSys (ENS) stands to benefit from strength across its businesses, strategic acquisitions and a focus on improving the product line and operational excellence. The company remains focused on investing in growth opportunities and strengthening its long-term market position. ENS, which has a market capitalization of $4 billion, currently carries a Zacks Rank #2 (Buy). Let's delve into the factors that have been aiding the firm for a while now. Business Strength: EnerSys has been witnessing strength in its M ...

Market Overview - Investors are preparing for the "September Effect," which historically leads to market volatility [1] - Major indexes showed mixed performance, with the S&P 500 down 0.3% and the Dow Jones Industrial Average down 0.5%, while the Nasdaq Composite gained about 0.3% [1] - The market's uneven behavior reflects concerns about the economy's health [1] Labor Market Data - A report from ADP indicated that only 99,000 private-sector jobs were created in August, significantly below expectations and marking the smallest increase since 2021 [2] - This disappointing labor market data has raised concerns regarding the overall strength of the labor market [2] Federal Reserve Outlook - There is speculation that the Federal Reserve may consider easing its stance on interest rates in the upcoming policy meeting, with many investors anticipating a quarter-percentage-point rate cut [3] - Market sentiment remains fragile as investors await more clarity on monetary policy direction amidst mixed economic signals [3] Investment Strategies - September is characterized by heightened uncertainty, making value stocks a potentially safer investment option [4] - Value investing focuses on selecting fundamentally sound stocks that have been undervalued due to external factors, with the potential for recovery as investors recognize their inherent value [5] Valuation Metrics - The Price to Cash Flow (P/CF) ratio is highlighted as a key metric for assessing a company's financial health, with lower values indicating better performance [6][7] - Positive cash flow is essential for a company's liquidity, enabling it to meet obligations and reinvest in its business [9] Stock Selection Criteria - Parameters for selecting true value stocks include a P/CF ratio less than or equal to the industry median, a minimum stock price of $5, and a significant average trading volume [11][12] - Additional criteria include P/E, P/B, and P/S ratios being less than or equal to the industry median, along with a PEG ratio of less than 1 and a favorable Zacks Rank [10][13][14] Company Highlights - Universal Health Services (UHS) has a Zacks Rank of 1, with a trailing four-quarter earnings surprise of 14.6% and a Value Score of A, with shares up 86.8% in the past year [15][16] - EnerSys (ENS) holds a Zacks Rank of 2, with a trailing four-quarter earnings surprise of 1.5% and shares rising 1.1% in the past year [16] - Kinross Gold Corporation (KGC) also has a Zacks Rank of 2, with a trailing four-quarter earnings surprise of 29.2% and shares advancing 82.9% in the past year [17][18] - Unum Group (UNM) carries a Zacks Rank of 2, with a trailing four-quarter earnings surprise of 3% and shares gaining 15.3% in the past year [18][19]

Core Insights - Investors in the Manufacturing - Electronics sector should consider EnerSys (ENS) and ABB (ABBNY) for potential value opportunities [1] - EnerSys has a stronger earnings outlook compared to ABB, indicated by its Zacks Rank of 2 (Buy) versus ABB's Zacks Rank of 3 (Hold) [3] Valuation Metrics - EnerSys has a forward P/E ratio of 11.03, significantly lower than ABB's forward P/E of 26.15, suggesting better value for ENS [5] - The PEG ratio for EnerSys is 0.61, while ABB's PEG ratio is 2.95, indicating that EnerSys is expected to grow earnings at a more favorable rate relative to its price [5] - EnerSys has a P/B ratio of 2.20 compared to ABB's P/B of 7.97, further supporting the argument that EnerSys is undervalued [6] Value Grades - EnerSys has received a Value grade of A, while ABB has a Value grade of C, reflecting the relative attractiveness of their valuations [6] - Overall, EnerSys is positioned as the superior value option based on its solid earnings outlook and favorable valuation metrics [7]

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