Form 8-K EnerSys For: May 22

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Go back to Form 8-K EnerSys For: May 22

BTIG Downgrades EnerSys (ENS) to Neutral

May 23, 2024 4:06 PM EDT

BTIG analyst Gregory Lewis downgraded EnerSys (NYSE: ENS) from Buy to Neutral.

The analyst comments "ENS reported FY4Q24 earnings yesterday (AMC), with adjusted EPS of $2.08 (excludes $0.60 of one-time items), which was at the high end of the guidance range of $1.98-$2.08 with the stock up ~10% midday. Management rolled out FY2025 guidance for the first time with revenue expected to be $3.675B-$3.825B (BTIG $3.7B) and adjusted... More