EnPro Industries (NYSE:NPO) was downgraded by analysts at TheStreet from a “b” rating to a “c+” rating in a note issued to investors on Tuesday, TheStreetRatingsTable reports.
Other research analysts have also recently issued reports about the stock. ValuEngine cut shares of EnPro Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 15th. Zacks Investment Research cut shares of EnPro Industries from a “buy” rating to a “hold” rating in a report on Wednesday, October 30th.
NYSE NPO opened at $66.22 on Tuesday. EnPro Industries has a 52 week low of $55.43 and a 52 week high of $75.73. The company has a current ratio of 2.52, a quick ratio of 1.65 and a debt-to-equity ratio of 0.49. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 16.94, a price-to-earnings-growth ratio of 1.15 and a beta of 1.83. The company has a 50-day moving average price of $68.17 and a two-hundred day moving average price of $65.17.
EnPro Industries (NYSE:NPO) last posted its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $1.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.31 by ($0.18). The company had revenue of $373.00 million during the quarter, compared to the consensus estimate of $381.43 million. EnPro Industries had a net margin of 2.58% and a return on equity of 10.45%. The company’s revenue was down 3.9% on a year-over-year basis. During the same quarter last year, the business earned $1.36 earnings per share. As a group, equities research analysts expect that EnPro Industries will post 3.97 earnings per share for the current fiscal year.
Several institutional investors have recently bought and sold shares of NPO. Nisa Investment Advisors LLC boosted its holdings in EnPro Industries by 50.0% during the second quarter. Nisa Investment Advisors LLC now owns 3,000 shares of the industrial products company’s stock worth $192,000 after buying an additional 1,000 shares in the last quarter. Strs Ohio bought a new position in shares of EnPro Industries during the 2nd quarter valued at $421,000. Rothschild & Co. Asset Management US Inc. raised its holdings in shares of EnPro Industries by 19.9% during the 2nd quarter. Rothschild & Co. Asset Management US Inc. now owns 248,879 shares of the industrial products company’s stock valued at $15,888,000 after purchasing an additional 41,361 shares in the last quarter. Aperio Group LLC raised its holdings in shares of EnPro Industries by 6.7% during the 2nd quarter. Aperio Group LLC now owns 7,287 shares of the industrial products company’s stock valued at $465,000 after purchasing an additional 459 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan raised its holdings in shares of EnPro Industries by 1.7% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 8,410 shares of the industrial products company’s stock valued at $537,000 after purchasing an additional 140 shares in the last quarter. Institutional investors and hedge funds own 92.52% of the company’s stock.
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 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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