Wall Street analysts predict that EnPro Industries (NYSE:NPO) will announce earnings per share (EPS) of $0.85 for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for EnPro Industries’ earnings, with the lowest EPS estimate coming in at $0.61 and the highest estimate coming in at $1.02. EnPro Industries reported earnings of $0.44 per share during the same quarter last year, which suggests a positive year over year growth rate of 93.2%. The business is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, May 2nd.
On average, analysts expect that EnPro Industries will report full year earnings of $3.76 per share for the current year, with EPS estimates ranging from $3.43 to $4.05. For the next financial year, analysts expect that the firm will post earnings of $4.45 per share, with EPS estimates ranging from $4.30 to $4.70. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover EnPro Industries.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, February 13th. The industrial products company reported $0.67 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.65 by $0.02. The firm had revenue of $362.50 million during the quarter, compared to analyst estimates of $348.10 million. EnPro Industries had a net margin of 40.39% and a return on equity of 8.02%.
A number of research analysts have weighed in on NPO shares. B. Riley reissued a “buy” rating on shares of EnPro Industries in a research report on Thursday, February 15th. Zacks Investment Research raised shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research report on Tuesday, January 2nd. Finally, ValuEngine raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $98.20.
EnPro Industries stock opened at $78.12 on Friday. The firm has a market cap of $1,651.62, a price-to-earnings ratio of 33.97, a PEG ratio of 0.91 and a beta of 1.06. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.06 and a quick ratio of 2.30. EnPro Industries has a fifty-two week low of $63.62 and a fifty-two week high of $94.79.
The company also recently announced a quarterly dividend, which was paid on Wednesday, March 21st. Shareholders of record on Wednesday, March 7th were given a dividend of $0.24 per share. This is a positive change from EnPro Industries’s previous quarterly dividend of $0.22. The ex-dividend date was Tuesday, March 6th. This represents a $0.96 dividend on an annualized basis and a yield of 1.23%. EnPro Industries’s payout ratio is currently 41.74%.
In related news, SVP Steven R. Bower acquired 1,000 shares of the business’s stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average price of $75.54 per share, with a total value of $75,540.00. Following the completion of the transaction, the senior vice president now owns 1,118 shares of the company’s stock, valued at $84,453.72. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by corporate insiders.
Several institutional investors and hedge funds have recently made changes to their positions in the company. Louisiana State Employees Retirement System raised its position in shares of EnPro Industries by 7.0% during the fourth quarter. Louisiana State Employees Retirement System now owns 9,200 shares of the industrial products company’s stock valued at $860,000 after buying an additional 600 shares during the last quarter. Koch Industries Inc. raised its position in shares of EnPro Industries by 19.8% during the fourth quarter. Koch Industries Inc. now owns 3,837 shares of the industrial products company’s stock valued at $359,000 after buying an additional 634 shares during the last quarter. Mutual of America Capital Management LLC raised its position in shares of EnPro Industries by 0.6% during the fourth quarter. Mutual of America Capital Management LLC now owns 111,577 shares of the industrial products company’s stock valued at $10,434,000 after buying an additional 673 shares during the last quarter. First Trust Advisors LP raised its position in shares of EnPro Industries by 4.5% during the fourth quarter. First Trust Advisors LP now owns 21,210 shares of the industrial products company’s stock valued at $1,983,000 after buying an additional 904 shares during the last quarter. Finally, American International Group Inc. raised its position in shares of EnPro Industries by 5.7% during the third quarter. American International Group Inc. now owns 16,779 shares of the industrial products company’s stock valued at $1,351,000 after buying an additional 906 shares during the last quarter. 92.76% of the stock is owned by institutional investors and hedge funds.
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About EnPro Industries
EnPro Industries, Inc designs, develops, manufactures, and markets engineered industrial products worldwide. The company's Sealing Products segment offers metallic, non-metallic, and composite material gaskets; dynamic seals; compression packings; resilient metal seals; elastomeric seals; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; modular sealing systems for sealing pipeline penetrations; hole forming products; manhole infiltration sealing systems; bellows and bellows assemblies; pedestals; custom-engineered mechanical seals; polytetrafluoroethylene products; and heavy-duty commercial vehicle parts.
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