November 28, 2016 - By Richard Conner
In an electronic document that was filled with the U.S. SEC, it was revealed that the President – Americas of Enersys Jeffrey Long, an insider in question, made sold via broker for 5,000 shares of the Pennsylvania-based company, worth approx. $394,125 US Dollars using an average price-per-share of $78.8 US Dollars. Jeffrey Long right now has 52,638 shares or 0.12% of Enersys’s market cap.
Out of 5 analysts covering Enersys (NYSE:ENS), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. $78 is the highest target while $60 is the lowest. The $69.33 average target is -12.02% below today’s ($78.8) stock price. Enersys has been the topic of 7 analyst reports since August 14, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, August 12 by Maxim Group. Stifel Nicolaus maintained EnerSys (NYSE:ENS) rating on Monday, January 25. Stifel Nicolaus has “Buy” rating and $67.0 price target. The stock has “Buy” rating given by Maxim Group on Thursday, June 2. The stock of EnerSys (NYSE:ENS) earned “Hold” rating by Ardour Capital on Friday, August 14. On Monday, October 26 the stock rating was downgraded by William Blair to “Market Perform”. CL King downgraded the shares of ENS in a report on Tuesday, November 10 to “Neutral” rating. The firm has “Buy” rating given on Friday, May 6 by Stifel Nicolaus.
Insitutional Activity: The institutional sentiment decreased to 1.17 in Q2 2016. Its down 0.50, from 1.67 in 2016Q1. The ratio fall, as 11 funds sold all EnerSys shares owned while 64 reduced positions. 37 funds bought stakes while 88 increased positions. They now own 41.17 million shares or 1.20% less from 41.67 million shares in 2016Q1.
Rhumbline Advisers holds 0.01% of its portfolio in EnerSys (NYSE:ENS) for 74,741 shares. Numeric Invsts Ltd Liability Corp holds 0.12% or 222,866 shares in its portfolio. Moreover, Mutual Of America Limited Liability has 0% invested in EnerSys (NYSE:ENS) for 905 shares. Capital One Natl Association has 5,992 shares for 0.03% of their US portfolio. Princeton Alpha Management Limited Partnership accumulated 0.05% or 4,432 shares. Jacobs Levy Equity Management Incorporated holds 20,830 shares or 0.03% of its portfolio. Fifth Third State Bank has 0% invested in the company for 303 shares. Tiaa Cref Management Limited Liability Corporation has invested 0.01% of its portfolio in EnerSys (NYSE:ENS). Orrstown Fin Svcs has 300 shares for 0.02% of their US portfolio. Blackrock Inv Mngmt Limited Liability Corporation has 193,442 shares for 0.01% of their US portfolio. The Maryland-based Calvert Investment Management has invested 0.01% in EnerSys (NYSE:ENS). Burney last reported 0.08% of its portfolio in the stock. Kalmar Invs De holds 0.31% of its portfolio in EnerSys (NYSE:ENS) for 117,123 shares. Wellington Management Group Inc Llp has 25,527 shares for 0% of their US portfolio. Skylands Ltd last reported 0.44% of its portfolio in the stock.
Insider Transactions: Since June 2, 2016, the stock had 0 insider purchases, and 3 selling transactions for $1.73 million net activity. 2,982 shares were sold by Aschke Holger P, worth $189,148 on Friday, June 3. Another trade for 2,500 shares valued at $160,000 was sold by KANE KERRY M. Another trade for 19,842 shares valued at $1.39 million was made by Schmidtlein Michael J on Monday, August 15.
About 172,736 shares traded hands. EnerSys (NYSE:ENS) has risen 37.36% since April 25, 2016 and is uptrending. It has outperformed by 31.35% the S&P500.
EnerSys is a manufacturer, marketer and distributor of industrial batteries. The company has a market cap of $3.42 billion. The Firm makes, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries. It has a 25.24 P/E ratio. The Company’s divisions based on geographic regions consist of Americas, which consists of North and South America; EMEA, which includes Europe, the Middle East and Africa, and Asia, which includes Asia, Australia and Oceania.
According to Zacks Investment Research, “EnerSys is a global leader in stored energy solutions for industrial applications. They complement their extensive line of motive power, reserve power, and specialty batteries with a full range of integrated services and systems.”
Analysts await EnerSys (NYSE:ENS) to report earnings on January, 26. They expect $1.13 EPS, up 22.83% or $0.21 from last year’s $0.92 per share. ENS’s profit will be $49.04M for 17.43 P/E if the $1.13 EPS becomes a reality. After $1.15 actual EPS reported by EnerSys for the previous quarter, Wall Street now forecasts -1.74% negative EPS growth.
More notable recent EnerSys (NYSE:ENS) news were published by: Wsj.com which released: “Johnson Controls Is in Talks to Buy EnerSys” on October 06, 2015, also Cleveland.com with their article: “EnerSys closing its 110-year-old Cleveland plant on May 31, cutting 95 jobs” published on January 06, 2016, Zacks.com published: “Can EnerSys (ENS) Continue the Bull Run on Thriving Markets?” on November 25, 2016. More interesting news about EnerSys (NYSE:ENS) were released by: Prnewswire.com and their article: “EnerSys Acquires Florida Based Advanced Lithium Battery Manufacturing Business” published on April 14, 2016 as well as Fool.com‘s news article titled: “Why EnerSys’ Shares Popped 13% Last Month” with publication date: September 08, 2016.
EnerSys, incorporated on October 13, 2000, is a manufacturer, marketer and distributor of industrial batteries. The Firm makes, markets and distributes related products, such as chargers, power equipment, outdoor cabinet enclosures and battery accessories, and provides related after-market and customer-support services for industrial batteries. The Company’s divisions based on geographic regions consist of Americas, which consists of North and South America; EMEA, which includes Europe, the Middle East and Africa, and Asia, which includes Asia, Australia and Oceania. The Company’s product lines include reserve power and motive power products.
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