Oppenheimer Reaffirms Their Buy Rating on EnerSys

In a report released today, Noah Kaye from Oppenheimer maintained a Buy rating on EnerSys (NYSE: ENS). The company’s shares opened today at $73.73.

According to TipRanks.com, Kaye is ranked #1367 out of 4800 analysts.

EnerSys has an analyst consensus of Moderate Buy.

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Based on EnerSys’ latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $25.85 million. In comparison, last year the company had a net profit of $33.77 million.

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EnerSys manufactures and markets industrial batteries. It engages in stored energy solutions for industrial applications, manufactures and distributes reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers.