Media headlines about EnPro Industries (NYSE:NPO) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. EnPro Industries earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 49.0342317240721 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
NPO has been the subject of a number of research reports. Zacks Investment Research lowered shares of EnPro Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 3rd. TheStreet raised shares of EnPro Industries from a “c+” rating to a “b-” rating in a research note on Thursday, August 3rd. BidaskClub lowered shares of EnPro Industries from a “hold” rating to a “sell” rating in a research report on Saturday, August 26th. FBR & Co reissued a “buy” rating and set a $85.00 price target on shares of EnPro Industries in a research report on Tuesday, September 12th. Finally, KeyCorp reissued a “hold” rating on shares of EnPro Industries in a research report on Friday, October 20th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $88.33.
Shares of EnPro Industries (NYSE NPO) traded up $0.45 during trading hours on Friday, reaching $82.39. 88,651 shares of the company traded hands, compared to its average volume of 139,718. The firm has a market cap of $1,757.03, a P/E ratio of 46.29, a PEG ratio of 2.16 and a beta of 1.17. EnPro Industries has a one year low of $59.09 and a one year high of $84.98. The company has a current ratio of 2.27, a quick ratio of 1.59 and a debt-to-equity ratio of 0.65.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings data on Monday, October 30th. The industrial products company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.16). The firm had revenue of $343.70 million for the quarter, compared to analyst estimates of $324.00 million. EnPro Industries had a return on equity of 7.92% and a net margin of 40.74%. EnPro Industries’s revenue for the quarter was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 EPS. research analysts anticipate that EnPro Industries will post 2.51 EPS for the current year.
EnPro Industries announced that its Board of Directors has approved a share repurchase program on Monday, October 30th that permits the company to buyback $50.00 million in outstanding shares. This buyback authorization permits the industrial products company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 20th. Stockholders of record on Wednesday, December 6th will be paid a dividend of $0.22 per share. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.07%. EnPro Industries’s payout ratio is 3.82%.
In other news, insider Stephen E. Macadam sold 25,000 shares of the firm’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $84.06, for a total transaction of $2,101,500.00. Following the sale, the insider now owns 194,447 shares of the company’s stock, valued at approximately $16,345,214.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 2.60% of the stock is owned by company insiders.
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About EnPro Industries
EnPro Industries, Inc is engaged in the designing, developing, manufacturing and marketing engineered industrial products. It operates through three segments. The Sealing Products segment includes three operating divisions: Garlock, which designs, manufactures and sells sealing products; Technetics, which designs, manufactures and sells metal seals and elastomeric seals, among others, and Stemco LP (Stemco), which designs, manufactures and sells heavy-duty truck wheel-end components and systems.
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