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EnerSys, Inc. - ENS STOCK NEWS

Welcome to our dedicated page for EnerSys news (Ticker: ENS), a resource for investors and traders seeking the latest updates and insights on EnerSys stock.

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.

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EnerSys (ENS) declares a quarterly cash dividend of $0.225 per share of common stock, payable on March 29, 2024, to holders of record as of March 15, 2024.
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EnerSys (ENS) reported a 6% decrease in net sales to $862M but achieved a gross margin of 28.9% and an EPS of $1.86, up 72% from the prior year. The company also reduced net leverage to 1.1 X EBITDA and published its second annual Task Force on Climate-Related Financial Disclosure (TCFD) Report. EnerSys is confident in its position as a global leader in electrification and energy storage applications.
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EnerSys (ENS) has introduced the NexSys AIR wireless charger for Automated Guided Vehicles (AGVs). The charger is designed to automate charging and eliminate maintenance, featuring contact-free charging pads and the ability to charge traditional flooded lead acid, TPPL, and lithium-ion batteries. The charger also includes safety features such as FOD and LOD and will be showcased at upcoming trade shows.
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EnerSys (ENS) will release its third quarter fiscal 2024 financial results on February 7, 2024, followed by a conference call on February 8, 2024. The press release and slide presentation will be available on the Investor Relations section of the Company’s website. A live broadcast and replay of the call can be accessed through the webcast registration link or the Company’s website. Phone registration is also available, with a unique PIN provided upon registration.
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EnerSys (NYSE: ENS) has released its second annual Task Force on Climate-related Financial Disclosures (TCFD) report for the calendar year 2023. The report outlines the company's dedication to sustainability, aiming to achieve net zero Scope 1 emissions by 2040 and net zero Scope 2 emissions by 2050. It covers four key TCFD themes: governance, strategy, risk management, and key metrics and targets. President & CEO David M. Shaffer emphasizes the importance of identifying climate-related risks and implementing mitigation strategies. The report aims to foster trust among investors, customers, and other stakeholders.
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EnerSys (NYSE: ENS) announced the closing of $300 million in 6.625% senior notes due 2032. The unsecured, unsubordinated obligations are guaranteed by the Company's subsidiaries. The net proceeds will be used to repay outstanding term loans and for general corporate purposes. The Notes and guarantees have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.
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EnerSys (ENS) announced the pricing of $300 million aggregate principal amount of its 6.625% senior notes due 2032 at an issue price of 100%. The unsecured, unsubordinated obligations of the Company will be guaranteed by its subsidiaries. The offering is expected to close on January 11, 2024. The net proceeds will be used to repay and retire a portion of its outstanding term loans and for general corporate purposes. The Notes and guarantees have not been registered under the Securities Act of 1933.
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EnerSys (NYSE: ENS) intends to offer $300 million aggregate principal amount of senior notes due 2032 to repay and retire a portion of its outstanding term loans. The Notes will be unsecured, unsubordinated obligations of the Company and will be guaranteed by its subsidiaries. The remaining net proceeds will be used for general corporate purposes, including to repay a portion of the outstanding borrowings under its revolving credit facility. The Notes and the related guarantees have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption.
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EnerSys (NYSE: ENS) expects an increase in annual tax credits by $35-45 million due to proposed regulations by the U.S. Department of the Treasury. The company anticipates adjusted diluted EPS for Q3 fiscal 2024 to be $2.50-$2.60, compared to the previous range of $1.80-$1.90. EnerSys's eligibility for Section 45X credits highlights its role in the global energy transition.
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EnerSys (NYSE: ENS) will host a webcast featuring Chad Uplinger, President, Motive Power Global, to discuss motive power end markets, megatrends, and EnerSys’s maintenance-free solutions enabling automation, electrification, and decarbonization goals.
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FAQ

What is the current stock price of EnerSys (ENS)?

The current stock price of EnerSys (ENS) is $92.46 as of December 20, 2024.

What is the market cap of EnerSys (ENS)?

The market cap of EnerSys (ENS) is approximately 3.7B.

What does EnerSys, Inc. specialize in?

EnerSys, Inc. specializes in stored energy solutions for industrial applications, including motive power, reserve power, and specialty batteries.

What are the primary segments of EnerSys, Inc.?

EnerSys operates through three primary segments: Energy Systems, Motive Power, and Specialty.

In which industries are EnerSys's energy systems used?

EnerSys's energy systems are used in telecommunications, broadband, utilities, uninterruptible power supplies, and many other applications requiring stored energy solutions.

How long has EnerSys been in the battery industry?

EnerSys has over 100 years of experience in the battery industry.

Where can I find job opportunities at EnerSys?

You can find job opportunities and join EnerSys's talent network by visiting their career page at http://www.jobs.net/jobs/enersys/all-jobs/.

What recent achievements has EnerSys made?

EnerSys has made significant advancements in battery technology, formed strategic partnerships, and expanded into new markets, reflecting their commitment to sustainability and efficiency.

Is EnerSys financially stable?

Yes, EnerSys is financially robust with consistent revenue growth and a stable market position.

What products does EnerSys offer?

EnerSys offers motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories, and outdoor equipment enclosure solutions.

What is EnerSys's commitment to diversity?

EnerSys is an EEO/AA employer, committed to diversity and inclusion in their workforce.

How does EnerSys support its global customer base?

EnerSys maintains a global sales and service network to provide exceptional customer support worldwide.

EnerSys, Inc.

NYSE:ENS

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ENS Stock Data

3.68B
39.22M
1.5%
95.88%
2.64%
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