Reading ENS? Track it free: the weekly brief, plus an alert if the thesis breaks. No credit card.
Track ENS free→
EnerSys (ENS)
NYSEIndustrialsElectrical Equipment & PartsSnapshot 2026-06-16
Intact
$226.56-2.10%
Close 2026-06-16 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but earnings quality and management's recent track record are neutral. Risk is moderate, and the sector backdrop is a headwind, though ENS trades above typical compared to sector peers. Peer multiples imply a price about 36% above where it trades (it looks cheap on this basis); the read is cheap, quality intact. This assessment hinges on guidance changes from ENS and sector bellwethers, as well as overall economic growth. The read is provisional.
as of 2026-06-16
Quick facts
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Market cap
- $8.45B
- Employees
- 9,682
- IPO date
- 2004-05-17
- Next earnings
- 2026-08-05
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $226.56. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryinexpensive
$355.33consensus
Range $334.12 – $407.57
vs price: -36% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$519.54consensus
Range $487.19 – $528.08
vs price: -56% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peerslow confidence
At $231 ENS trades at 22× p/e, below its 33× p/e peer median. Our $360 fair value sits above the price; low confidence. Analysts: $250–$280. Not investment advice.
Multiple (P/E)
21.8x
peer 33.5x · own history 15.9x
Premium
0.7x peer
1.4x its own history
Growth the price needs
-36%
our forecast —
Our fair value
$359.89
range $343.90 – $374.62
Analyst range(a guide on our number, not a target)Our number is above the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
inexpensivecheap — quality intact12-month view
What's priced in
The price sits about 36% below a flat-multiple fair value; not enough history to forecast a comparison. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
No fragility gates fired.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 2 of the last 3 quarter-over-quarter moves. Historically, Industrials names rated strong grew net income 69% of the time over the next year (vs 58% for the rest of the cohort, n=3696).
93rd pctl · Industrials
Earnings quality
neutralOver the trailing year it converted 1.87x of net income into operating cash flow. Historically, Industrials names rated neutral grew net income 57% of the time over the next year (vs 60% for the rest of the cohort, n=4440).
66th pctl · Industrials
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to long-term interest rates, the US dollar, real (inflation-adjusted) rates, Fed net liquidity.
Management & capital allocation
neutralEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Strongly bullishEPS revised +7.7% / 30d, n=5for period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $2.62 → $2.83 (+7.7% / 30d). 5 raised, 0 cut, 5 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d, 3 maintained. 67% of analysts rate Buy.
Price target activity
4 PT revisions / 30d. Avg target 14.8% above current price.
Material events
0 positive, 0 negative / 30d.
Market and fundamentals agree. Analysts are positioned bullishly on a fundamentally strong name.
Sector context
Intermediate · WeeklyManagement scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- strong
- Margin discipline
- strong
- Balance sheet
- neutral
- Post-call reaction
- neutral
Met or beat guidance 100% of the last 2 guided quarters · 7.0% avg surprise
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$170.
How much price usually moves either way.
On a bad day, this stock has moved -$318.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $1,832.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-16
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-16
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Intermediate · Weekly
- UpsideHigh confidenceWeeksactive 11d
Watch for the quarterly cash dividend payment on July 2, 2026
Why it matters: The dividend payment shows the company cares about giving money back to shareholders. It shows they are financially healthy.
What confirms / what disproves
Confirms:The dividend is paid on time. This shows strong cash flow and care for shareholders.
Disproves:The dividend payment is late or canceled. This raises worries about cash flow stability.
Management priorities
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for ENS yet.
This sector is also watching
- Watch for impacts from upcoming FOMC decisions
- Watch for revenue growth speeding up in Industrials
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like VRT, BE, and NVT keep beating earnings and guiding higher, the Industrials sector momentum should keep lifting ENS and other Industrials names. Worth watching these names for early signals.
- If ENS raises forward guidance on the next earnings call (currently REAFFIRMED as of 2026-05-28), that's a momentum boost. Street estimates typically follow guidance up and the stock tends to re-rate higher.
Downside triggers
- If ENS cuts guidance on the next call (currently REAFFIRMED as of 2026-05-28), that's a meaningful negative. The Street tends to walk down estimates and the stock usually takes a leg lower.
- If sector bellwethers like VRT, BE, and NVT start missing or guiding lower, the Industrials tailwind helping ENS and other Industrials names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits ENS and other Industrials names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-05-2820d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective May 28, 2026 , EnerSys issued a press release announcing the Company's Segment Realignment which is attached to this Current Report on Form 8-K as Exhibit 99.1, and is incorporated herein by reference. As a result of the Company's Segment Realignment there will be a change in executive titles as follows: • Keith D. Fisher – President, Net…
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
About the same as last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.