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Strength Seen in EnerSys (ENS): Can Its 5.7% Jump Turn into More Strength?
ZACKSยท 2025-10-14 12:51
Core Viewpoint - EnerSys (ENS) shares experienced a significant increase of 5.7% in the last trading session, closing at $115.56, driven by strong trading volume and positive momentum in its Energy Systems segment [1][2]. Company Performance - EnerSys is expected to report quarterly earnings of $2.36 per share, reflecting an 11.3% year-over-year increase, with revenues projected at $888.23 million, a 0.5% rise from the previous year [3]. - The consensus EPS estimate for EnerSys has remained stable over the last 30 days, indicating no recent changes in earnings estimate revisions [4]. Industry Trends - The growth in EnerSys is supported by global megatrends such as 5G expansion, rural broadband development, modernization of energy grids, electrification, automation, and decarbonization [2]. - EnerSys operates within the Zacks Manufacturing - Electronics industry, which includes other companies like Franklin Electric (FELE), also holding a Zacks Rank of 3 (Hold) [4][5].