EnPro Industries Inc. (NPO) Shares Gap Up to $52.14
EnPro Industries Inc. (NYSE:NPO)’s share price gapped up prior to trading on Monday . The stock had previously closed at $52.06, but opened at $52.14. EnPro Industries shares last traded at $52.53, with a volume of 69,673 shares changing hands.
Several equities research analysts have commented on NPO shares. Zacks Investment Research lowered shares of EnPro Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Oppenheimer Holdings Inc. restated a “buy” rating on shares of EnPro Industries in a research report on Sunday, May 8th.
The company has a 50 day moving average of $47.20 and a 200 day moving average of $50.52. The company’s market cap is $1.12 billion.
EnPro Industries (NYSE:NPO) last released its earnings results on Tuesday, August 2nd. The company reported $0.60 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by $0.06. During the same period in the prior year, the business posted $0.69 EPS. The firm earned $313.20 million during the quarter, compared to the consensus estimate of $311.87 million. The company’s revenue was up 5.0% on a year-over-year basis. Equities research analysts predict that EnPro Industries Inc. will post ($0.91) earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, September 1st will be given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Tuesday, August 30th.
A hedge fund recently raised its stake in EnPro Industries stock. Rhumbline Advisers boosted its stake in shares of EnPro Industries Inc. (NYSE:NPO) by 6.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,332 shares of the company’s stock after buying an additional 2,025 shares during the period. Rhumbline Advisers owned approximately 0.16% of EnPro Industries worth $1,549,000 at the end of the most recent quarter.
EnPro Industries, Inc (EnPro) is engaged in the designing, developing, manufacturing, and marketing engineered industrial products. The Company operates through three segments: Sealing Products, Engineered Products and Power Systems. Its Sealing Products segment designs, manufactures and sells sealing products, including metallic, non-metallic and composite material gaskets, resilient metal seals, elastomeric seals, hydraulic components, expansion joints and casing end seals.
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