Analysts forecast that EnPro Industries (NYSE:NPO) will announce earnings per share (EPS) of $0.93 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for EnPro Industries’ earnings, with estimates ranging from $0.68 to $1.21. EnPro Industries reported earnings of $0.46 per share in the same quarter last year, which indicates a positive year over year growth rate of 102.2%. The business is expected to issue its next quarterly earnings report on Monday, July 30th.
According to Zacks, analysts expect that EnPro Industries will report full year earnings of $3.49 per share for the current fiscal year, with EPS estimates ranging from $2.68 to $4.05. For the next financial year, analysts anticipate that the firm will post earnings of $4.09 per share, with EPS estimates ranging from $3.12 to $4.70. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research analysts that follow EnPro Industries.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings results on Wednesday, May 2nd. The industrial products company reported $0.85 EPS for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.11). The firm had revenue of $368.80 million for the quarter, compared to analysts’ expectations of $355.07 million. EnPro Industries had a return on equity of 7.77% and a net margin of 38.71%. The business’s quarterly revenue was up 24.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.30 earnings per share.
A number of equities research analysts have recently commented on NPO shares. B. Riley reiterated a “buy” rating on shares of EnPro Industries in a report on Thursday, February 15th. Zacks Investment Research downgraded shares of EnPro Industries from a “buy” rating to a “sell” rating in a report on Wednesday, February 14th. KeyCorp lowered their price target on shares of EnPro Industries from $105.00 to $90.00 and set an “overweight” rating for the company in a report on Thursday, May 3rd. ValuEngine upgraded shares of EnPro Industries from a “sell” rating to a “hold” rating in a report on Wednesday, March 7th. Finally, Oppenheimer set a $100.00 price target on shares of EnPro Industries and gave the stock a “buy” rating in a report on Thursday, May 3rd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. EnPro Industries presently has an average rating of “Hold” and a consensus price target of $95.20.
In related news, SVP Steven R. Bower bought 1,000 shares of the stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of $75.54 per share, for a total transaction of $75,540.00. Following the completion of the acquisition, the senior vice president now owns 1,118 shares in the company, valued at $84,453.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is currently owned by insiders.
Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC purchased a new stake in EnPro Industries in the first quarter valued at approximately $121,000. Meeder Asset Management Inc. purchased a new stake in EnPro Industries in the fourth quarter valued at approximately $210,000. LS Investment Advisors LLC grew its holdings in EnPro Industries by 225.3% in the fourth quarter. LS Investment Advisors LLC now owns 2,388 shares of the industrial products company’s stock valued at $223,000 after purchasing an additional 1,654 shares during the period. Invictus RG purchased a new stake in EnPro Industries in the fourth quarter valued at approximately $308,000. Finally, ETRADE Capital Management LLC purchased a new stake in EnPro Industries in the fourth quarter valued at approximately $342,000. Hedge funds and other institutional investors own 98.97% of the company’s stock.
Shares of EnPro Industries opened at $74.48 on Friday, according to Marketbeat.com. The stock has a market cap of $1.57 billion, a PE ratio of 32.38, a PEG ratio of 1.52 and a beta of 1.08. EnPro Industries has a 12 month low of $65.12 and a 12 month high of $94.79. The company has a quick ratio of 2.52, a current ratio of 3.45 and a debt-to-equity ratio of 0.67.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 20th. Investors of record on Wednesday, June 6th will be issued a $0.24 dividend. The ex-dividend date is Tuesday, June 5th. This represents a $0.96 dividend on an annualized basis and a yield of 1.29%. EnPro Industries’s payout ratio is 41.74%.
EnPro Industries Company Profile
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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