Enersys Inc is a global leader in stored energy solutions, specializing in the manufacture and distribution of industrial batteries and energy systems
The company provides a wide range of advanced battery technologies, power management products, and services to various sectors, including telecommunications, data centers, transportation, and renewable energy. Enersys's offerings encompass motives and reserve power applications, particularly in material handling and telecommunications, enabling businesses to optimize their energy usage and enhance operational efficiency. With a commitment to innovation and sustainability, Enersys continues to develop and deliver reliable energy storage solutions that meet the evolving needs of its diverse client base.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how renewable energy stocks fared in Q3, starting with EnerSys (NYSEENS).
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced the successful completion of contract and funding negotiations with the U.S. Department of Energy (DOE). This final agreement secures a $199 million award from the DOE’s Office of Manufacturing and Energy Supply Chains, which will support the construction of EnerSys’ state-of-the-art lithium-ion cell production facility in Greenville, South Carolina.
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced the Company will release its third quarter fiscal 2025 financial results for the period ended December 29, 2024, after the market close on Wednesday, February 5, 2025. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, February 6, 2025, to review the results.
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, announced today that it has earned the 2025 Military Friendly® Employer designation.
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, is honored to announce its inclusion in Newsweek's "America's Most Responsible Companies 2025" list. This recognition underscores EnerSys' unwavering commitment to environmental stewardship, social responsibility, and corporate governance.
Over the past six months, EnerSys’s shares (currently trading at $92.22) have posted a disappointing 11.4% loss, well below the S&P 500’s 9.7% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
We are looking for value in the Industrials Sector because we are still in a strong bull market that has been not only one of the longest on record, but also has seen the S&P 500 get to one of its lofty valuations ever.
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced incremental benefits associated with the Advanced Manufacturing Production Credit, part of Section 45X of the Internal Revenue Code (IRC). Based on final regulations for certain direct material input costs recently issued by the U.S. Treasury Department, and subsequent review by EnerSys’ external advisors, the Company has refined its calculations to expand the value of its benefits for tax credits, including credits related to its production of Electrode Active Material.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced the appointment of Keith Fisher as President, Energy Systems Global effective January 2, 2025. Mr. Fisher will succeed and report to Shawn O’Connell, who was recently promoted to President and Chief Operating Officer.
EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced that VP & Treasurer, Dan Platt, is scheduled to present on Tuesday, December 3rd, at the BofA Securities Leveraged Finance Conference, being held in Boca Raton, Florida. The presentation will begin at 11:30 a.m. ET. A live video webcast and archived replay will be available to the public at https://bofa.veracast.com/webcasts/bofa/levfin2024/WJ941G.cfm.
Battery manufacturer EnerSys (NYSEENS) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 1.9% year on year to $883.7 million. On the other hand, next quarter’s revenue guidance of $940 million was less impressive, coming in 2% below analysts’ estimates. Its non-GAAP profit of $2.12 per share was 2.4% above analysts’ consensus estimates.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share of common stock payable on December 27, 2024, to holders of record as of December 13, 2024.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today results for its second quarter of fiscal 2025, which ended on September 29, 2024.
EnerSys (NYSEENS), a global leader in stored energy solutions for industrial applications, today announced that David Shaffer has notified the Board of Directors of his intention to retire as President and Chief Executive Officer effective May 2025. As part of a planned succession, including a comprehensive search process, the Board has named Shawn O’Connell, President, Energy Systems Global, as successor and appointed him President and Chief Operating Officer effective immediately. Upon Mr. Shaffer’s retirement, Mr. O’Connell will assume the role of President and Chief Executive Officer and will join EnerSys’ Board of Directors. Mr. Shaffer and Mr. O’Connell will continue to work closely together to ensure a smooth transition over the next six months.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, is proud to announce that its ABSL™ lithium-ion space battery was successfully launched onboard NASA’s Europa Clipper spacecraft. The launch took place on October 14, 2024, aboard a SpaceX Falcon Heavy Rocket from NASA’s Kennedy Space Center.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, is proud to announce its inclusion in two prestigious rankings: the TIME World’s Best Companies 2024 and the Forbes Best Employers for New Grads 2024. These honors are presented by TIME, Forbes, and Statista, a world-leading statistics portal and industry ranking provider.
EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced the Company will release its second quarter fiscal 2025 financial results for the period ended September 29, 2024, after the market close on Wednesday, November 6, 2024. The press release and slide presentation will be available in the Investor Relations section of the Company’s website at www.investor.enersys.com. The Company will host a conference call the following day at 9:00 AM (ET) Thursday, November 7, 2024, to review the results.
EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications will host a “Technology Talk” webcast on Monday, September 30, 2024, at 10:30 a.m. ET to provide more details about its lithium-ion battery cell gigafactory development plans and lithium-ion battery technology roadmap. A live video webcast and archived replay will be available at https://enersys-tech-talk-lithium-cell-factory-update-2024.open-exchange.net/.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, today announced that it has been selected to enter into award negotiations for $199 million from the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains to support the development of EnerSys’ lithium-ion cell production facility in Greenville, SC.
EnerSys (NYSEENS) the global leader in stored energy solutions for industrial applications today announced that EVP & CFO, Andrea Funk, is scheduled to present on Monday, September 16th, at CL King's Best Ideas Conference, being held in a virtual format. The presentation will begin at 3:30 p.m. ET. A live video webcast and archived replay will be available at https://wsw.com/webcast/clk24/ens/1523200.
EnerSys (NYSEENS), the global leader in stored energy solutions for industrial applications, announced today that its Board of Directors has declared a quarterly cash dividend increase of 7% to $0.24 per share of common stock payable on September 30, 2024, to holders of record as of September 16, 2024.
