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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.

Rhea-AI Summary
EnerSys (NYSE: ENS) announced its first quarter fiscal 2024 results, reporting record gross margin of 26.4% and record EPS of $1.60. Net sales reached $909M, a 1% increase compared to the previous year. The company achieved operating earnings of $89M, a 78% increase, and adjusted operating earnings of $107.2M, a 65% increase. Diluted EPS reached $1.60, a 113% increase, and adjusted diluted EPS reached $1.89, a 64% increase. EnerSys reduced net leverage to 1.5X EBITDA and declared a 29% increase in quarterly dividend to $0.225 per share.
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EnerSys introduces its 2027 financial targets and outlines strategic priorities during its 2023 Investor Day.
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EnerSys and Verkor are exploring the development of a lithium battery gigafactory in the US. The companies are developing plans, determining the factory location, and evaluating funding and operating structures. This factory will enable growth for both companies and provide EnerSys with independence from non-domestic cell suppliers.
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EnerSys releases its 2022 Sustainability Update, highlighting progress in environmental, social, and governance performance. Greenhouse gas emissions reduced by over 4%, water intensity lowered by 1.4%, and female representation in leadership increased from 9% to 13%. EnerSys recognized as one of 'America's Most Responsible Companies' by Newsweek.
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FAQ

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

The current stock price of EnerSys (ENS) is $96.13 as of November 15, 2024.

What is the market cap of EnerSys (ENS)?

The market cap of EnerSys (ENS) is approximately 3.9B.

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

ENS Rankings

ENS Stock Data

3.86B
39.82M
1.86%
96.17%
2.72%
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