EnerSys (ENS) (Q1FY24)
Stock performance: Over the past 3 years, EnerSys generated returns of 18% where the stock price increased from $72.86 in Oct 26, 2020 to $86.1 in Oct 25, 2023. The stock had a 200-Day Moving Average of $93.17 and a 50-Day Moving Average of $96.22.
In the past 1 year, ENS delivered returns of 30% where the stock price increased from $66.29 in Oct 31, 2022 to $86.1 in Oct 25,2023. The stock had a 52 Week High of $113.34 and a 52 Week Low of $63.32.
Over the past 3 months, ENS’s stock price decreased by -19% from $106.91 in Jul 27, 2023 to $86.1 in Oct 25, 2023.
Quarter Performance : In Q1FY24, ENS’s revenue grew by 1% to $908.6mn from $899mn in Q1FY23 and the COGS decreased by -6% to $668.3mn from $713.4mn in the same time period
Guidance: For Q2FY24, ENS expects its gross margin to be in the range of 25% to 27% and the adj. diluted EPS to be in the range of $1.77 to $1.87. The company expects its capex to be around $120mn for FY24.
The company is ramping up and innovating on this front and we feel that orders will improve slowly as the charging and storage system industry is witnessing a great demand with the rise of EV’s.
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– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum
Actual & Historical Performance
– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– M&A Deals
– Price Performance
Stock Price Performance
No of Pages: 33
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