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

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

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

EnerSys Stock Down 0.1%

NYSE:ENS opened at $99.56 on Wednesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 2.00 and a current ratio of 3.06. The company has a market cap 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 52-week low of $76.57 and a 52-week high of $112.53. The stock has a 50-day simple moving average of $89.76 and a 200 day simple moving average of $94.38.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its position in EnerSys by 2.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 609,520 shares of the industrial products company’s stock valued at $56,338,000 after purchasing an additional 15,133 shares during the last quarter. LPL Financial LLC boosted its position in EnerSys by 37.0% during the fourth quarter. LPL Financial LLC now owns 13,322 shares of the industrial products company’s stock valued at $1,231,000 after purchasing an additional 3,601 shares during the last quarter. EntryPoint Capital LLC acquired a new position in EnerSys during the fourth quarter valued at approximately $389,000. Janney Montgomery Scott LLC boosted its position in EnerSys by 12.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 17,502 shares of the industrial products company’s stock valued at $1,618,000 after purchasing an additional 1,876 shares during the last quarter. Finally, Tributary Capital Management LLC boosted its position in EnerSys by 25.9% during the fourth quarter. Tributary Capital Management LLC now owns 239,765 shares of the industrial products company’s stock valued at $22,161,000 after purchasing an additional 49,392 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.