EnerSys (NYSE:ENS – Get Rating)’s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $59.43 and last traded at $59.59, with a volume of 1790 shares trading hands. The stock had previously closed at $63.67.
A number of brokerages have recently weighed in on ENS. StockNews.com cut EnerSys from a “buy” rating to a “hold” rating in a research note on Wednesday, June 8th. Oppenheimer lowered their target price on EnerSys from $88.00 to $80.00 and set an “outperform” rating for the company in a research note on Friday, May 27th.
The company has a 50 day moving average of $66.70 and a 200 day moving average of $72.25. The stock has a market capitalization of $2.40 billion, a price-to-earnings ratio of 17.58, a PEG ratio of 1.29 and a beta of 1.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.73 and a current ratio of 2.70.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 30th. Stockholders of record on Thursday, June 16th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Wednesday, June 15th. This represents a $0.70 annualized dividend and a dividend yield of 1.19%. EnerSys’s dividend payout ratio is currently 20.90%.
Several institutional investors have recently bought and sold shares of ENS. IMA Wealth Inc. purchased a new stake in shares of EnerSys in the 4th quarter valued at about $28,000. Point72 Hong Kong Ltd purchased a new position in shares of EnerSys during the 4th quarter worth approximately $28,000. Rockefeller Capital Management L.P. raised its stake in shares of EnerSys by 150.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 479 shares of the industrial products company’s stock worth $35,000 after buying an additional 288 shares in the last quarter. Covestor Ltd acquired a new stake in shares of EnerSys in the 4th quarter worth approximately $46,000. Finally, Quantbot Technologies LP acquired a new stake in shares of EnerSys in the 1st quarter worth approximately $60,000. 97.03% of the stock is owned by institutional investors and hedge funds.
EnerSys Company Profile (NYSE:ENS)
EnerSys provides various stored energy solutions for industrial applications worldwide. It operates in three segments: Energy Systems, Motive Power, and Specialty. The company offers uninterruptible power systems applications for computer and computer-controlled systems, as well as telecommunications systems; switchgear and electrical control systems used in industrial facilities and electric utilities, large-scale energy storage, and energy pipelines; integrated power solutions and services to broadband, telecom, renewable, and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.
- Get a free copy of the StockNews.com research report on EnerSys (ENS)
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