EnerSys (NYSE:ENS) Receives Buy Rating from Roth Mkm

EnerSys (NYSE:ENS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Roth Mkm in a research report issued on Wednesday,Benzinga reports. They currently have a $120.00 price objective on the industrial products company’s stock. Roth Mkm’s target price points to a potential upside of 20.53% from the company’s previous close.

Separately, Oppenheimer raised EnerSys from a “market perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a report on Friday, January 17th. One investment analyst has rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $117.50.

EnerSys Stock Down 0.1%

ENS stock opened at $99.56 on Wednesday. The company has a current ratio of 3.06, a quick ratio of 2.00 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $3.93 billion, a PE ratio of 12.32, a PEG ratio of 0.57 and a beta of 1.13. EnerSys has a 1-year low of $76.57 and a 1-year high of $112.53. The business’s 50 day simple moving average is $89.76 and its 200 day simple moving average is $94.38.

Institutional Trading of EnerSys

Several hedge funds have recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. increased its stake in shares of EnerSys by 0.3% in the 4th quarter. Hillsdale Investment Management Inc. now owns 38,150 shares of the industrial products company’s stock valued at $3,526,000 after purchasing an additional 100 shares during the last quarter. Canada Pension Plan Investment Board grew its position in EnerSys by 25.0% during the 4th quarter. Canada Pension Plan Investment Board now owns 500 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 100 shares during the last quarter. Aquatic Capital Management LLC grew its position in EnerSys by 2.5% during the 4th quarter. Aquatic Capital Management LLC now owns 5,433 shares of the industrial products company’s stock worth $502,000 after acquiring an additional 133 shares during the last quarter. Victory Capital Management Inc. grew its position in EnerSys by 1.0% during the 1st quarter. Victory Capital Management Inc. now owns 13,463 shares of the industrial products company’s stock worth $1,233,000 after acquiring an additional 135 shares during the last quarter. Finally, Mariner LLC grew its position in EnerSys by 3.4% during the 4th quarter. Mariner LLC now owns 4,460 shares of the industrial products company’s stock worth $412,000 after acquiring an additional 147 shares during the last quarter. 94.93% of the stock is owned by institutional investors and hedge funds.

EnerSys Company Profile

EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates in four segments: Energy Systems, Motive Power, Specialty, and New Ventures. The Energy Systems segment offers uninterruptible power systems (UPS) 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, data center, and renewable and industrial customers; and thermally managed cabinets and enclosures for electronic equipment and batteries.