Enersys (ENS) Hit a 52 Week High, Can the Run Continue?

Company Performance - EnerSys (ENS) shares have increased by 17.6% over the past month and reached a new 52-week high of $146.17, with a year-to-date gain of 56.6% compared to 5.3% for the Zacks Industrial Products sector and 3% for the Zacks Manufacturing - Electronics industry [1] - The company has consistently beaten earnings estimates, reporting EPS of $2.56 against a consensus estimate of $2.36 in its last earnings report [2] Earnings Projections - For the current fiscal year, EnerSys is expected to post earnings of $10.28 per share on revenues of $3.76 billion, reflecting a 1.28% change in EPS and a 3.96% change in revenues [3] - For the next fiscal year, earnings are projected to be $12.41 per share on revenues of $3.88 billion, indicating a year-over-year change of 20.72% in EPS and 3.03% in revenues [3] Valuation Metrics - EnerSys has a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a VGM Score of A [6] - The stock trades at 14.1X current fiscal year EPS estimates, below the peer industry average of 24.8X, and at 11.2X trailing cash flow compared to the peer group's average of 20.7X [7] - The PEG ratio stands at 0.94, indicating that while the stock is not in the top echelon from a value perspective, it remains attractive [7] Zacks Rank - EnerSys holds a Zacks Rank of 2 (Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B [8] Industry Context - The Manufacturing - Electronics industry is positioned in the top 16% of all industries, suggesting favorable conditions for both EnerSys and its peers [11]