Equities research analysts forecast that EnPro Industries, Inc. (NYSE:NPO) will post earnings per share (EPS) of $0.89 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for EnPro Industries’ earnings. The lowest EPS estimate is $0.73 and the highest is $0.99. EnPro Industries posted earnings per share of $0.67 in the same quarter last year, which indicates a positive year-over-year growth rate of 32.8%. The company is scheduled to report its next quarterly earnings results on Tuesday, February 12th.
On average, analysts expect that EnPro Industries will report full-year earnings of $3.74 per share for the current fiscal year, with EPS estimates ranging from $3.55 to $3.99. For the next financial year, analysts forecast that the business will post earnings of $4.79 per share, with EPS estimates ranging from $4.60 to $5.08. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that follow EnPro Industries.
EnPro Industries (NYSE:NPO) last issued its quarterly earnings results on Wednesday, October 31st. The industrial products company reported $1.36 EPS for the quarter, topping the Zacks’ consensus estimate of $1.10 by $0.26. EnPro Industries had a return on equity of 8.68% and a net margin of 4.63%. The company had revenue of $388.20 million during the quarter, compared to analysts’ expectations of $377.13 million. During the same quarter in the previous year, the firm posted $0.73 EPS. The firm’s revenue was up 12.9% compared to the same quarter last year.
A number of analysts have commented on the company. ValuEngine raised EnPro Industries from a “sell” rating to a “hold” rating in a research report on Friday, August 17th. SunTrust Banks reaffirmed a “buy” rating and set a $88.00 price target on shares of EnPro Industries in a research report on Thursday, August 16th. Zacks Investment Research raised EnPro Industries from a “hold” rating to a “buy” rating and set a $80.00 price target for the company in a research report on Tuesday, November 6th. KeyCorp lowered their price target on EnPro Industries from $90.00 to $74.00 and set an “overweight” rating for the company in a research report on Thursday, November 1st. Finally, Oppenheimer set a $90.00 price target on EnPro Industries and gave the stock a “buy” rating in a research report on Thursday, November 1st. One analyst has rated the stock with a sell rating and five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $84.40.
Shares of NPO opened at $64.27 on Friday. EnPro Industries has a one year low of $57.31 and a one year high of $94.79. The company has a quick ratio of 1.85, a current ratio of 2.74 and a debt-to-equity ratio of 0.54. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 1.16 and a beta of 1.27.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Wednesday, December 5th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Tuesday, December 4th. This represents a $0.96 annualized dividend and a dividend yield of 1.49%. EnPro Industries’s dividend payout ratio (DPR) is presently 41.74%.
Several hedge funds have recently modified their holdings of NPO. Paradice Investment Management LLC acquired a new position in shares of EnPro Industries in the 3rd quarter valued at about $43,984,000. FMR LLC lifted its holdings in shares of EnPro Industries by 243.8% in the 2nd quarter. FMR LLC now owns 618,705 shares of the industrial products company’s stock valued at $43,278,000 after buying an additional 438,735 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of EnPro Industries by 91.3% in the 2nd quarter. Gamco Investors INC. ET AL now owns 882,202 shares of the industrial products company’s stock valued at $61,710,000 after buying an additional 421,102 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of EnPro Industries by 30.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,069,483 shares of the industrial products company’s stock valued at $74,811,000 after buying an additional 248,556 shares during the period. Finally, Clearbridge Investments LLC lifted its holdings in shares of EnPro Industries by 1,095,257.1% in the 3rd quarter. Clearbridge Investments LLC now owns 230,025 shares of the industrial products company’s stock valued at $16,776,000 after buying an additional 230,004 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.
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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