Core Insights - EnerSys reported revenue of $910.7 million for the quarter ended March 2024, marking an 8% year-over-year decline, while EPS increased to $2.08 from $1.82 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $899.77 million by 1.22%, and the EPS also surpassed the consensus estimate of $2.02 by 2.97% [1] Financial Performance Metrics - Specialty Net Sales were $146.50 million, slightly above the average estimate of $144.55 million, reflecting a year-over-year decline of 1.1% [4] - Motive Power Net Sales reached $394.80 million, exceeding the average estimate of $366.22 million, with a year-over-year increase of 2.9% [4] - Energy Systems Net Sales were reported at $369.40 million, below the estimated $377.90 million, showing a significant year-over-year decline of 19.4% [4] - Operating Earnings for Energy Systems were -$4.90 million, contrasting with the average estimate of $14.58 million from analysts [4] - Operating Earnings for Motive Power were $53.90 million, slightly above the average estimate of $53.83 million [4] - Operating Earnings for Specialty were $6.70 million, below the average estimate of $8.49 million [4] Stock Performance - EnerSys shares have returned +6.3% over the past month, while the Zacks S&P 500 composite increased by +7.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance compared to the broader market in the near term [3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended March 31, 2024 or ☐ Transition report pursuant to 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) (State or other jurisdiction of incorporation or organization) Delaware 23-30 ...

Analysts on Wall Street project that EnerSys (ENS) will announce quarterly earnings of $2.02 per share in its forthcoming report, representing an increase of 11% year over year. Revenues are projected to reach $899.77 million, declining 9.1% from the same quarter last year. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings ann ...

Battery stocks are at a critical juncture. Due to the current oversupply and demand dynamics, core metals lithium, cobalt, and nickel prices have fallen to multi-year lows. Moreover, Goldman Sachs projects a massive downtrend in cobalt, nickel, and lithium carbonate over the next 12 months.Nevertheless, the long-term outlook for battery stocks remains highly compelling, which makes the current downturn a temporary, manageable setback. Furthermore, according to Inkwood Research, the global battery market is ...

Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either EnerSys (ENS) or Zurn Water (ZWS) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong earnings estimate r ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

EnerSys (ENS) has been witnessing solid momentum in its Specialty segment, supported by strong orders in transportation, aerospace and defense markets in 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). Strength in automation and electrification markets has been driving the performance of the Motive Power segment. The global megatrends, including 5G expansion, rural broadband build-outs, electrification, automation ...

READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS) the global leader in stored energy solutions for industrial applications announced today that EVP & CFO, Andrea Funk, and SVP & CTO, Joern Tinnemeyer, will attend the 2024 Wells Fargo Clean Energy Symposium in New York, NY on March 26, 2024. The company will host a fireside chat to be webcast to the public at 1:30 p.m. ET. The audio broadcast as well as a replay of the event can be accessed through the Events and Presentation page of the Investor Relations ...

EnerSys (ENS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this maker of industrial batteries have returned -1.9%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Manufacturing - Electronics industry, which EnerSys falls in, has gained 5.8%. The key question now is: What could be the stock's future direction?A ...

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