Brokerages expect that EnPro Industries, Inc. (NYSE:NPO) will report earnings of $0.95 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for EnPro Industries’ earnings, with the highest EPS estimate coming in at $0.98 and the lowest estimate coming in at $0.92. EnPro Industries posted earnings per share of $0.62 in the same quarter last year, which suggests a positive year-over-year growth rate of 53.2%. The company is scheduled to report its next earnings results before the market opens on Friday, May 7th.
According to Zacks, analysts expect that EnPro Industries will report full year earnings of $4.59 per share for the current year, with EPS estimates ranging from $4.50 to $4.75. For the next year, analysts expect that the firm will report earnings of $5.36 per share, with EPS estimates ranging from $5.22 to $5.45. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for EnPro Industries.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings data on Monday, February 22nd. The industrial products company reported $1.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.73. The business had revenue of $276.00 million for the quarter, compared to analysts’ expectations of $229.60 million. EnPro Industries had a return on equity of 4.83% and a net margin of 18.01%.
Several brokerages recently commented on NPO. Sidoti began coverage on EnPro Industries in a report on Wednesday, April 7th. They issued a “buy” rating for the company. Oppenheimer upped their target price on EnPro Industries from $85.00 to $95.00 and gave the company an “outperform” rating in a research note on Monday, March 15th. Finally, KeyCorp boosted their price target on EnPro Industries from $85.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, January 14th.
In other EnPro Industries news, Director John Humphrey acquired 2,500 shares of the firm’s stock in a transaction dated Thursday, March 4th. The stock was purchased at an average price of $83.37 per share, for a total transaction of $208,425.00. Corporate insiders own 0.68% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Capital Asset Advisory Services LLC acquired a new position in shares of EnPro Industries in the 4th quarter valued at $47,000. Bessemer Group Inc. acquired a new stake in EnPro Industries during the 4th quarter worth about $60,000. Veriti Management LLC acquired a new stake in EnPro Industries during the 4th quarter worth about $80,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in EnPro Industries during the 4th quarter worth about $118,000. Finally, First Citizens Bank & Trust Co. acquired a new stake in EnPro Industries during the 4th quarter worth about $202,000. 92.99% of the stock is currently owned by hedge funds and other institutional investors.
Shares of NPO traded up $0.07 on Tuesday, reaching $87.00. The stock had a trading volume of 77,017 shares, compared to its average volume of 93,618. EnPro Industries has a 12-month low of $37.53 and a 12-month high of $95.17. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.85 and a current ratio of 3.36. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 9.19, a price-to-earnings-growth ratio of 1.53 and a beta of 1.57. The company has a 50-day simple moving average of $86.63 and a 200-day simple moving average of $77.29.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 17th. Stockholders of record on Wednesday, March 3rd were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Tuesday, March 2nd. This is a positive change from EnPro Industries’s previous quarterly dividend of $0.26. EnPro Industries’s dividend payout ratio is currently 40.30%.
EnPro Industries Company Profile
EnPro Industries, Inc engages in the design, development, manufacture, marketing, and service of engineered industrial products worldwide. It operates through three segments: Sealing Technologies, Advanced Surface Technologies, and Engineered Materials. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; compression packing products; hydraulic components; expansion joints; pipeline casing spacers/isolators; and dynamic, flange, resilient metal, elastomeric, and custom-engineered mechanical seals for chemical and petrochemical processing, pulp and paper processing, power generation, food and pharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, heavy-duty trucking, aerospace, medical, filtration, and semiconductor fabrication industries.
Featured Article: dividend yield calculator
Get a free copy of the Zacks research report on EnPro Industries (NPO)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for EnPro Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnPro Industries and related companies with MarketBeat.com's FREE daily email newsletter.