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.
EnerSys (NYSE: ENS) will announce its second quarter fiscal 2023 financial results on November 9, 2022, after market close. A conference call will be held the next day, November 10, 2022, at 9:00 AM ET to discuss the results. Investors can access the press release and presentation on the company's Investor Relations website. EnerSys is a leader in stored energy solutions for industrial applications, manufacturing batteries, chargers, and power equipment for various sectors.
EnerSys (NYSE: ENS) announced that Joern Tinnemeyer, Senior VP and CTO, along with Shawn O’Connell, President of Motive Power Global, will host a Tech Talk on September 27, 2022, at 3:00 p.m. ET. The discussion will focus on the strategic advantages of the company's proprietary Thin Plate Pure Lead (TPPL) technology in the motive power industry. EnerSys is a leader in stored energy solutions, providing various battery systems and solutions for multiple industries worldwide.
EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on September 30, 2022, to shareholders on record as of September 16, 2022. The company is a leader in stored energy solutions for industrial applications, providing a range of products including motive power batteries, specialty batteries, and battery chargers. EnerSys's recent acquisition of NorthStar enhances its market position for Thin Plate Pure Lead batteries. This dividend declaration reflects EnerSys's commitment to returning capital to its stockholders.
EnerSys reported first quarter fiscal 2023 net sales of $899 million, a 10.3% increase year-over-year, marking the second highest quarterly revenue. However, diluted GAAP EPS fell to $0.75, down from $1.01 the previous year. Adjusted diluted EPS was $1.15, slightly below the $1.25 from last year. The company anticipates FX headwinds and inflation to persist, forecasting adjusted EPS of $1.05 to $1.15 for Q2. Key initiatives include an $8 million annual saving from plant closures and expansion of distribution capabilities.
EnerSys (NYSE: ENS) aims for Scope 1 greenhouse gas neutrality by 2040 and Scope 2 neutrality by 2050, showcasing its commitment to sustainability. The company plans to unveil a detailed roadmap within 24 months, focusing on investments for decarbonization. President & CEO David M. Shaffer emphasized the importance of sustainability in their operations and manufacturing processes. EnerSys manufactures energy storage solutions that support the transition to renewable energy, highlighting their role in reducing carbon footprints.
EnerSys has appointed Rudolph (Rudy) Wynter as a Class I director, effective immediately. Wynter brings over 30 years of experience from National Grid, where he held various senior roles focusing on regulated energy delivery and clean energy technologies. His expertise in grid resilience is expected to add significant value to EnerSys' leadership team. The company's executives expressed optimism about Wynter's contributions to their board, which aligns with their succession planning and overall strategy for growth.
EnerSys (NYSE: ENS) announced it will release its Q1 fiscal 2023 financial results for the period ending July 3, 2022 on August 10, 2022, after market close. The details will be published on the company’s Investor Relations webpage, with a follow-up conference call scheduled for 9:00 AM (ET) on August 11 to discuss results. EnerSys, a leader in stored energy solutions for industrial applications, provides a range of energy systems and specialty batteries globally. For further information, stakeholders can visit www.enersys.com.
EnerSys (NYSE: ENS) has announced a Tech Talk scheduled for June 23, 2022, at 2:00 p.m. ET, hosted by Joern Tinnemeyer, Senior VP and CTO. This event will focus on the company's evolution from traditional lead batteries to integrated solutions in energy storage, power electronics, and software. The virtual event can be accessed live or via replay on their Investor Relations website. EnerSys is recognized as a leader in stored energy solutions for industrial applications, servicing customers worldwide through various products including motive power batteries and energy systems.
EnerSys (NYSE: ENS) reported a historic fourth quarter in fiscal 2022 with net sales of $907 million, an 11.5% year-over-year increase. The backlog rose to $1.3 billion, driven by strong demand across all segments. Despite macroeconomic challenges, adjusted diluted EPS was $1.20, slightly below the previous year's $1.30. Annual net sales reached $3.36 billion, a 12.7% increase. The company returned $186 million to shareholders through buybacks and dividends. Looking forward, challenges like inflation and supply chain issues are expected to persist.
EnerSys (NYSE: ENS) announced a quarterly cash dividend of $0.175 per share, set to be paid on June 30, 2022, to shareholders recorded by June 16, 2022. The company is recognized as a leader in stored energy solutions for industrial applications, including energy systems and motive power batteries used across various sectors such as telecommunications and automotive. This dividend declaration emphasizes EnerSys' commitment to returning capital to its shareholders.
FAQ
What is the current stock price of EnerSys (ENS)?
What is the market cap of EnerSys (ENS)?
What does EnerSys, Inc. specialize in?
What are the primary segments of EnerSys, Inc.?
In which industries are EnerSys's energy systems used?
How long has EnerSys been in the battery industry?
Where can I find job opportunities at EnerSys?
What recent achievements has EnerSys made?
Is EnerSys financially stable?
What products does EnerSys offer?
What is EnerSys's commitment to diversity?