Equities research analysts expect EnPro Industries, Inc. (NYSE:NPO) to announce earnings of $0.95 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for EnPro Industries’ earnings. The lowest EPS estimate is $0.90 and the highest is $1.02. EnPro Industries posted earnings of $0.85 per share during the same quarter last year, which would indicate a positive year over year growth rate of 11.8%. The company is scheduled to issue its next quarterly earnings report on Wednesday, May 1st.
On average, analysts expect that EnPro Industries will report full-year earnings of $4.44 per share for the current fiscal year, with EPS estimates ranging from $4.40 to $4.50. For the next year, analysts forecast that the business will report earnings of $4.93 per share, with EPS estimates ranging from $4.85 to $5.00. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow EnPro Industries.
EnPro Industries (NYSE:NPO) last announced its quarterly earnings results on Wednesday, February 13th. The industrial products company reported $0.98 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.98. EnPro Industries had a net margin of 1.61% and a return on equity of 9.44%. The firm had revenue of $381.40 million during the quarter, compared to analysts’ expectations of $373.70 million. During the same period in the prior year, the company earned $0.67 EPS. The firm’s revenue was up 5.2% on a year-over-year basis.
A number of analysts recently weighed in on NPO shares. Oppenheimer decreased their price target on shares of EnPro Industries from $90.00 to $85.00 in a research report on Thursday, February 14th. Zacks Investment Research raised shares of EnPro Industries from a “hold” rating to a “buy” rating and set a $71.00 price objective for the company in a research report on Tuesday, January 15th. TheStreet cut shares of EnPro Industries from a “b” rating to a “c+” rating in a research report on Thursday, February 14th. Finally, ValuEngine raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research report on Thursday, February 14th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $81.80.
Shares of EnPro Industries stock opened at $64.81 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.55 and a quick ratio of 1.74. EnPro Industries has a twelve month low of $55.48 and a twelve month high of $80.66. The firm has a market cap of $1.37 billion, a P/E ratio of 16.58, a price-to-earnings-growth ratio of 1.00 and a beta of 1.57.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 6th will be given a $0.25 dividend. This is a boost from EnPro Industries’s previous quarterly dividend of $0.24. This represents a $1.00 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Tuesday, March 5th. EnPro Industries’s dividend payout ratio is presently 25.58%.
Large investors have recently bought and sold shares of the business. Oppenheimer Asset Management Inc. purchased a new position in EnPro Industries in the 4th quarter valued at about $56,000. Acadian Asset Management LLC acquired a new stake in shares of EnPro Industries in the 4th quarter valued at about $75,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of EnPro Industries by 25.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,440 shares of the industrial products company’s stock valued at $87,000 after purchasing an additional 296 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of EnPro Industries by 28.4% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,856 shares of the industrial products company’s stock valued at $112,000 after purchasing an additional 411 shares in the last quarter. Finally, Nisa Investment Advisors LLC raised its stake in shares of EnPro Industries by 61.5% in the 4th quarter. Nisa Investment Advisors LLC now owns 2,100 shares of the industrial products company’s stock valued at $126,000 after purchasing an additional 800 shares in the last quarter. 95.99% of the stock is owned by institutional investors.
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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