EnerSys(ENS)
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EnerSys (ENS) Banks on Solid Order Level Amid Forex Woes
Zacks Investment Research· 2024-03-08 17:10
EnerSys (ENS) is poised to gain from strength in its Specialty segment, driven by increased orders in transportation, aerospace and defense markets in both the United States and Europe. The segment’s revenues increased 6.8% year over year in the third quarter of fiscal 2024 (ended December 2023). Management expects the Motive power segment to benefit from strength in automation and electrification markets.In the quarters ahead, EnerSys is poised to benefit from its solid product offerings, a firm focus on p ...
Investors Heavily Search Enersys (ENS): Here is What You Need to Know
Zacks Investment Research· 2024-03-08 15:06
EnerSys (ENS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this maker of industrial batteries have returned +1.6%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Manufacturing - Electronics industry, which EnerSys falls in, has gained 8%. The key question now is: What could be the stock's future direction?Although ...
Why EnerSys (ENS) is a Top Value Stock for the Long-Term
Zacks Investment Research· 2024-02-27 15:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Score ...
EnerSys Selects Greenville, South Carolina to Advance its Lithium Battery Production in the United States
Businesswire· 2024-02-14 19:00
READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS), the global leader in stored energy solutions for industrial applications, has announced that it has selected Greenville, South Carolina to develop a lithium-ion cell gigafactory to advance battery production in the United States. This new factory represents a long-term opportunity that will enable growth and allow EnerSys to optimize cell sizing in battery solutions for its customers, providing independence from non-domestic cell suppliers. EnerSys has ap ...
Should Value Investors Buy Enersys (ENS) Stock?
Zacks Investment Research· 2024-02-14 15:46
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and ...
ENS or ETN: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-02-12 17:45
Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either EnerSys (ENS) or Eaton (ETN) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, a ...
Don't Overlook These Highly Ranked Stocks After Earnings
Zacks Investment Research· 2024-02-09 18:11
EnerSys (ENS) and Silicon Motion Technology (SIMO) are standing out this week after posting favorable quarterly results.With both sporting a Zacks Rank #1 (Strong Buy) let’s review their quarterly reports and take a look at why now is a good time to invest in these highly ranked stocks. Enersys Q3 Review As a leading industrial battery manufacturer, EnerSys’ sound growth and value remain attractive to investors. Magnifying this perception EnerSys posted earnings of $2.56 per share for its fiscal third quar ...
EnerSys(ENS) - 2024 Q3 - Earnings Call Transcript
2024-02-08 19:37
EnerSys (NYSE:ENS) Q3 2024 Earnings Conference Call February 8, 2024 9:00 AM ET Lisa Hartman - VP of IR Andrea Funk - EVP and CFO Gregory Lewis - BTIG Blake Keating - William Blair Good day, and thank you for standing by. Welcome to the Third Quarter 2024 EnerSys Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. ...
EnerSys(ENS) - 2024 Q3 - Earnings Call Presentation
2024-02-08 17:30
EnerSys. 1 Q3'24 Earnings FEBRUARY 7, 2024 As a reminder, we will be presenting certain forward-looking statements on this call that are based on Management's current expectations and views regarding future events and operating performance and are subject to uncertainties and changes in circumstances. Our actual results may differ materially from the forwardlooking statements for a number of reasons. Our forward-looking statements are applicable only as of the date of this presentation. For a list of the fa ...
Enersys (ENS) Q3 Earnings Beat Estimates, Revenues Miss
Zacks Investment Research· 2024-02-08 14:10
Enersys (ENS) reported third-quarter fiscal 2024 (ended Dec 31, 2023) adjusted earnings of $2.56 per share, which surpassed the Zacks Consensus Estimate of $2.55. The bottom line surged 102% year over year due to lower sales costs.Enersys’ total revenues of $861.5 million missed the consensus estimate of $897 million. The top line declined 6.4% year over year due to a 7% decrease in organic sales, which was partially offset by a 1% increase in pricing.Segmental DiscussionThe Energy Systems segment’s sales ( ...