Enersys, Inc. | ENS

Daily Technical Analysis of Enersys, Inc.

Geez, brutal day for Enersys, investors dumped shares on the market and there weren't too many buyers interested in picking them up which causes price to plunge. Negative outlook for the company may continue to hammer the stock. We'll see if we hit bottom here and get some buyers to come in fishing for value. It looks like ENS may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. Momentum wise Enersys, hasn't been very high in either direction over the last 3 month. So hard to say what it will do here.

If we get a reversal off of support and Enersys starts moving up, it can probably get to $103.53 at which point it'll need to break through that resistance level in order to keep moving higher. There aren't very obvious support levels beneath this point. So put those stop losses on, this thing has room to fall if buyers don't come in at this level.

Analyst Ratings for Enersys By Price Target And Rating

The analysts are pretty neutral on EnerSys right now, so not much useful information here. The current Analysts Sentiment Score is -0.19. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Oppenheimer downgraded from Outperform to Market Perform on 2024-02-09. William Blair downgraded from Outperform to Market Perform on 2023-11-06. On 2023-07-14 CL King started covering EnerSys with a rating of Buy and they set their price target at $137.00.BTIG Research gave a boost to their price target and moved to $125.00 from $100.00 on 2023-06-16.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for EnerSys

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for EnerSys

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.