Favorable Press Coverage Somewhat Unlikely to Affect EnPro Industries (NYSE:NPO) Stock Price

News articles about EnPro Industries (NYSE:NPO) have trended positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. EnPro Industries earned a coverage optimism score of 0.26 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 47.7516207399494 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have impacted Accern Sentiment’s analysis:

Several brokerages recently weighed in on NPO. FBR & Co set a $100.00 price target on EnPro Industries and gave the stock a “buy” rating in a report on Tuesday, October 31st. KeyCorp raised EnPro Industries from a “sector weight” rating to an “overweight” rating and set a $105.00 price target for the company in a report on Friday, December 8th. B. Riley reaffirmed a “buy” rating on shares of EnPro Industries in a report on Wednesday, November 1st. Oppenheimer increased their price target on EnPro Industries from $85.00 to $100.00 and gave the stock an “outperform” rating in a report on Thursday, December 14th. Finally, Zacks Investment Research raised EnPro Industries from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $99.17.

EnPro Industries (NYSE NPO) traded down $2.51 during trading on Friday, reaching $86.18. The company’s stock had a trading volume of 142,607 shares, compared to its average volume of 96,897. EnPro Industries has a 12 month low of $61.36 and a 12 month high of $94.79. The company has a current ratio of 2.27, a quick ratio of 1.59 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $1,837.87, a P/E ratio of 48.42, a P/E/G ratio of 1.62 and a beta of 1.03.

EnPro Industries announced that its board has approved a share repurchase plan on Monday, October 30th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the industrial products company to buy shares of its stock through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

In other EnPro Industries news, insider Stephen E. Macadam sold 25,000 shares of the firm’s stock in a transaction on Monday, November 6th. The stock was sold at an average price of $84.06, for a total value of $2,101,500.00. Following the completion of the sale, the insider now owns 194,447 shares of the company’s stock, valued at $16,345,214.82. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.60% of the stock is currently owned by company insiders.

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EnPro Industries Company Profile

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.

Insider Buying and Selling by Quarter for EnPro Industries (NYSE:NPO)

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