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EnerSys, Inc. (symbol: ENS) is a global leader in stored energy solutions for industrial applications. With over 100 years of expertise in the battery industry, EnerSys has established itself as a comprehensive provider of DC power products. The company's extensive portfolio includes motive power, reserve power, aerospace/defense, and specialty batteries, complemented by a full range of integrated services and systems.
EnerSys excels in manufacturing and distributing energy system solutions that cater to a variety of industries. Their products include motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions. The company's energy systems are an amalgamation of enclosures, power conversion, power distribution, and energy storage, which are indispensable in telecommunications, broadband, utilities, uninterruptible power supplies, and numerous other applications requiring reliable stored energy solutions.
The company operates through three primary segments: Energy Systems, Motive Power, and Specialty. The Energy Systems segment focuses on integrated solutions for telecommunications, broadband, and utility industries. The Motive Power segment provides high-performance batteries for industrial forklifts and other commercial electric vehicles. The Specialty segment caters to aerospace, defense, and various industrial markets with custom battery solutions.
Recent Achievements: EnerSys continues to innovate, showcasing their commitment to sustainability and efficiency. Recent developments include advancements in battery technology, strategic partnerships, and expansions into new markets. The company's global sales and service network ensures that they maintain a strong presence and provide exceptional customer support worldwide.
EnerSys remains financially robust, with consistent revenue growth and a stable market position. They are an EEO/AA employer, committed to diversity and inclusion in their workforce. The company's ongoing projects and investments reflect their dedication to meeting the evolving energy needs of their global customer base.
For job opportunities and to join their talent network, visit EnerSys Careers.
EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on March 26, 2021, to stockholders of record as of March 12, 2021. The company continues to emphasize its commitment to returning capital to shareholders. EnerSys is recognized as a leader in stored energy solutions for industrial applications, serving a diverse clientele across various sectors including telecommunications and aerospace. The recent acquisition of NorthStar has reinforced its position in the market for Thin Plate Pure Lead batteries.
EnerSys (NYSE: ENS) reported third-quarter fiscal 2021 results, with net sales of $751 million, up 6% sequentially but down 2% year-over-year. The company achieved a net earnings of $38.6 million, or $0.89 per diluted share. Adjusted EPS was $1.27, surpassing guidance of $1.17 to $1.23. Challenges included a 3% decline in organic volume due to the pandemic, and ongoing capacity constraints. Settling a Richmond fire claim resulted in a net gain of $4.4 million. EnerSys expects Q4 earnings between $1.25 and $1.31 as production improves.
EnerSys will host a conference call on February 11, 2021, at 9:00 a.m. ET to discuss its third quarter fiscal 2021 financial results. The call will feature CEO David M. Shaffer and CFO Michael J. Schmidtlein. A live webcast will be accessible on the company’s website under the Investor Relations section. Replay options will be available from February 11 until March 13, 2021. For more details, contact EnerSys directly.
EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on December 31, 2020, to shareholders of record as of December 18, 2020. This decision underscores the company's commitment to returning capital to its stockholders. EnerSys is a leader in stored energy solutions, providing various batteries and energy systems for industries worldwide.
EnerSys (NYSE: ENS) reported second quarter fiscal 2021 results, highlighting net sales of $708M, down 7% year-over-year. Despite challenges from COVID-19, gross profit margins held steady at 25%. Notable metrics included net earnings per diluted share of $0.83 and operating cash flow of $217M. The company improved its credit facility leverage ratio to 2.1x. A significant restructuring in the Motive Power segment is projected to save nearly $20M annually. Guidance for the next quarter anticipates adjusted earnings between $1.17 to $1.23 per share.
EnerSys (NYSE: ENS) will host a conference call on November 12, 2020, at 9:00 a.m. Eastern Time to discuss its Q2 fiscal 2021 results. The call will be led by CEO David M. Shaffer and CFO Michael J. Schmidtlein, concluding with a Q&A session. Interested parties can access the live webcast via enerSys.com. Replay details will be available post-call until December 12, 2020. EnerSys specializes in stored energy solutions for industrial applications, including motive power batteries and energy systems.
alpha-Encorp announced a collaboration with EnerSys (NYSE: ENS) for a 3-month exploratory project aimed at enhancing battery performance in aeronautics and aerospace applications. Utilizing patented technology, alpha-Encorp's pre-lithiation process can improve lithium-ion battery capacity by 10-20%. The collaboration is expected to fulfill the needs of the Department of Defense and related programs. This partnership is a significant step for both companies in the battery technology sector.
EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on September 25, 2020, to stockholders of record as of September 11, 2020. As a leader in stored energy solutions, EnerSys continues to support its investors through consistent capital returns, highlighting its commitment to shareholder value. This announcement follows the company's recent acquisition of NorthStar, further solidifying its market leadership in Thin Plate Pure Lead batteries across multiple applications.
EnerSys (NYSE: ENS) reported its Q1 FY2021 results, revealing net sales of $705M, a 10% decline YoY, impacted by COVID-19 disruptions in its Motive Power business. Energy Systems remained stable with only a 0.1% drop in sales. Gross profit margins were steady at 25%, while operating earnings margin fell by 130 bps. Despite challenges, the company generated strong operating cash flow of $117M and is on track with a TPPL capacity expansion. Adjusted net earnings per diluted share stood at $0.92, down from $1.30 YoY, while net earnings attributable to stockholders were $35.2M, or $0.82 per diluted share.
EnerSys (NYSE: ENS) will host a conference call on August 13, 2020, at 9:00 a.m. ET to discuss its fiscal 2021 first-quarter financial results. The call will be led by CEO David M. Shaffer and CFO Michael J. Schmidtlein, followed by a Q&A session. A live webcast will be available on the company's website, and presentation materials will be released the evening prior. A replay will be accessible from 12:00 p.m. ET on the same day until 12:00 p.m. ET on September 12, 2020.
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