Alert: Positive Investment/Fundamental Signals (6/12/24)-EnerSys (NYSE: ENS)

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EnerSys (NYSE: ENS) has recently enjoyed notable positive changes in fundamentals: the consensus estimate for March, 2025 increased significantly, the consensus estimate for March, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Recent meaningful positive changes in investment behavior have benefitted EnerSys (NYSE: ENS): the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

ENS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Ener has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ener has a slightly negative Power Rating of 32 and a poor Appreciation Score of 26, and the Lowest Value Trend Rating results.

Recent Price Action

EnerSys (NYSE: ENS) stock closed at $109.59 on 6/12/24 after a large increase of 3.0%. Moreover, trading volume in this advance was exceptionally high at 204% of normal. The stock has risen 2.4% during the last week and has performed in line with the market over the last nine months.

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