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Information
Name
EnerSys
Currency
USD
Market Cap
6.06B
Avg Daily Volume
542.70K
52 Week High
244.3 USD
52 Week Low
122.02 USD
Trading Hours
See hours
Business Summary
EnerSys engages in the provision of stored energy solutions for industrial applications worldwide. It operates through three segments: Network & Infrastructure Solutions, Industrial Mobility Solutions, and Precision Power Solutions. The Network & Infrastructure Solutions segment provides power solutions and services to broadband, telecommunications, data center, and industrial utility customers. The Industrial Mobility Solutions segment provides power for electric industrial forklifts and other material handling equipment as well as transportation applications, primarily Class 8 trucks. The Precision Power Solutions segment provides energy solutions primarily for military vehicles, advanced defense programs, soldier powering and autonomous systems. It sells its products through a network of distributors, independent representatives, and internal sales forces. The company was formerly known as Yuasa, Inc. and changed its name to EnerSys in January 2001. EnerSys was founded in 1991 and is headquartered in Reading, Pennsylvania.
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Frequently Asked Questions
What are industrial stocks in trading?
Industrial stocks represent companies involved in manufacturing, infrastructure, construction, and transportation.
Are industrial stocks a good long-term investment?
Yes, especially during economic expansions. They may offer consistent returns and dividends, though they can be sensitive to economic slowdowns and interest rate changes.
How do interest rates impact industrial stocks?
Rising interest rates can increase borrowing costs for industrial companies, which may reduce profit margins and capital spending, impacting stock performance.
What are examples of industrial sectors to watch?
Aerospace, defense, construction, machinery, and logistics are key sectors often tracked by investors looking for industrial exposure.
