ENS - EnerSys, Inc. Latest Stock News & Market Updates

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 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.

EnerSys (NYSE: ENS) reported a net loss of $1.5 million for Q4 FY2020, equating to $0.04 per diluted share. This loss was influenced by an unfavorable net tax impact of $49 million, compared to a net income of $18.5 million in Q4 FY2019. Total net sales for Q4 FY2020 were $781.8 million, down 2% from the previous year. Despite challenges from COVID-19, the company anticipates recovery due to ongoing defense contracts and opportunities in 5G. However, impairment charges of $44.2 million were noted, impacting overall financial performance.

EnerSys (NYSE: ENS) announces the retirement of board members John F. Lehman and Dennis S. Marlo at the upcoming annual meeting on July 30, 2020. Both have been key contributors since the company's IPO in 2004. To fill their roles, new nominees Caroline Chan and Steven M. Fludder will join the board, bringing their expertise in wireless technology and smart energy solutions. Chan has held significant positions at Intel, while Fludder has led NEC Energy Solutions. These changes aim to enhance EnerSys’ governance as it navigates future growth opportunities.

EnerSys (NYSE: ENS) plans to release its fourth quarter and full year fiscal 2020 results on June 1, 2020. Following the results, a conference call will be held on June 2, 2020, at 9:00 a.m. ET, led by CEO David M. Shaffer and CFO Michael J. Schmidtlein. The call will discuss financial results and include a Q&A session. Interested parties can access the live webcast on the company's website. Conference call replay will be available after the session until July 2, 2020.

EnerSys (NYSE: ENS) plans to disclose its fourth quarter and full year fiscal 2020 results on June 1, 2020. A conference call is scheduled for June 2, 2020, at 9:00 a.m. ET, hosted by CEO David M. Shaffer and CFO Michael J. Schmidtlein. This call will cover financial results and include a Q&A session. A live webcast will be accessible on the company's website prior to the call, with presentation materials available the evening before. A replay of the call will be available from June 2 to July 2, 2020.

EnerSys (NYSE: ENS) has declared a quarterly cash dividend of $0.175 per share, payable on June 26, 2020 to shareholders of record as of June 12, 2020. This initiative underscores EnerSys' commitment to returning capital to its stockholders. The company, a leader in stored energy solutions for industrial applications, serves various sectors including telecommunications, utilities, and defense. Following its recent acquisition of Alpha, EnerSys aims to enhance its offerings in power solutions.