Shares of EnPro Industries, Inc. (NYSE:NPO) have been given an average rating of “Hold” by the seven brokerages that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $84.25.
A number of research analysts recently weighed in on NPO shares. Zacks Investment Research raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research note on Wednesday, April 17th. Oppenheimer decreased their price target on shares of EnPro Industries from $90.00 to $85.00 in a research note on Thursday, February 14th. TheStreet lowered shares of EnPro Industries from a “b” rating to a “c+” rating in a research note on Thursday, February 14th. Finally, ValuEngine raised shares of EnPro Industries from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th.
Shares of NPO stock traded up $0.70 during mid-day trading on Friday, hitting $61.64. 15,963 shares of the stock were exchanged, compared to its average volume of 122,319. The company has a quick ratio of 1.76, a current ratio of 2.65 and a debt-to-equity ratio of 0.54. EnPro Industries has a 52-week low of $55.48 and a 52-week high of $78.31. The firm has a market cap of $1.28 billion, a P/E ratio of 15.76, a PEG ratio of 1.04 and a beta of 1.60.
EnPro Industries (NYSE:NPO) last posted its earnings results on Wednesday, May 1st. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.98 by ($0.26). EnPro Industries had a return on equity of 9.13% and a net margin of 1.65%. The firm had revenue of $360.30 million for the quarter, compared to analysts’ expectations of $373.60 million. During the same period in the previous year, the company earned $0.85 earnings per share. The company’s revenue was down 2.3% compared to the same quarter last year. On average, analysts anticipate that EnPro Industries will post 4.19 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Investors of record on Wednesday, June 5th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Tuesday, June 4th. EnPro Industries’s dividend payout ratio is presently 25.58%.
A number of institutional investors have recently modified their holdings of NPO. Oppenheimer Asset Management Inc. purchased a new position in EnPro Industries in the 4th quarter valued at about $56,000. Meeder Asset Management Inc. lifted its stake in EnPro Industries by 261.3% in the 1st quarter. Meeder Asset Management Inc. now owns 990 shares of the industrial products company’s stock valued at $64,000 after buying an additional 716 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in EnPro Industries in the 4th quarter valued at about $75,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in 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 acquiring an additional 296 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in 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 acquiring an additional 411 shares during the last quarter. 96.78% of the stock is currently owned by hedge funds and other institutional investors.
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 packing products; hydraulic components; expansion joints; flange sealing and isolation products; pipeline casing spacers/isolators; casing end seals; and modular sealing systems for sealing pipeline penetrations.
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